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Listed price in listed location currency (USD).
$8,995,000

454140

MLS® 26671447

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 22880 sqft
Garage 
Taxes 
Days Active 15
Lot Size 
Approx. Age 2005
Avg. Price Per Sqft $393
MLS® Number 26671447

Property Address: 5330 Satsuma Ave, North Hollywood, CA, 91601-3483

Average square foot calculated using Size range provided by listing agent.

Description

5330 Satsuma Avenue presents a generational acquisition opportunity offered for the first time on the market since its development by the original owner. Meticulously maintained and in excellent condition, the property reflects a long-term commitment to quality ownership and offers investors a rare, turnkey asset in one of North Hollywood's most desirable rental enclaves. Completed in 2005, the asset is comprised of 20 luxury townhome-style residences featuring an attractive mix of fifteen two-bedroom, 2.5-bath units and five three-bedroom, 2.5-bath units. The multi-level design provides a level of privacy, scale, and livability more akin to single-family homes than traditional multifamily product an increasingly sought-after characteristic that supports tenant retention and premium rental positioning. Each residence is further enhanced by in-unit washer and dryer, aligning with modern renter expectations. The property is ideally positioned near the NoHo Arts District, one of Los Angeles' most dynamic and evolving submarkets. With a Walk Score of 89, residents benefit from immediate access to a curated mix of dining, retail, and entertainment offerings, fostering a highly walkable, lifestyle-driven environment that continues to attract a strong and stable tenant base. From an investment standpoint, 5330 Satsuma Avenue offers a compelling basis at approximately $393 per square foot well below replacement cost providing both downside protection and long-term upside potential in a market characterized by increasing barriers to entry. The asset is further complemented by 20 on-site storage units, delivering an additional revenue stream while enhancing overall tenant convenience. Combining irreplaceable location, differentiated design, and enduring physical quality, 5330 Satsuma Avenue represents a rare opportunity to acquire a best-in-class asset with strong in-place fundamentals and the potential for continued long-term growth.
MLS® Number26671447
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2005
Basement
DrivewayGated
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 30, 2026List Date
$8,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
5330 Satsuma Ave, North Hollywood, CA

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