5330 Satsuma Avenue, North Hollywood, CA 91601
Local realty services provided by:CENTURY 21 Discovery
5330 Satsuma Avenue,North Hollywood, CA 91601
$8,995,000
- 45 Beds
- 41 Baths
- 22,880 sq. ft.
- Multi-family
- Active
Listed by: michael monempour, yigal fatirian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26671447
Source:CRMLS
Price summary
- Price:$8,995,000
- Price per sq. ft.:$393.14
About this home
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....
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Home facts
- Year built:2005
- Listing ID #:26671447
- Added:80 day(s) ago
- Updated:June 19, 2026 at 11:36 AM
Rooms and interior
- Bedrooms:45
- Total bathrooms:41
- Living area:22,880 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2005
- Building area:22,880 sq. ft.
- Lot area:0.42 Acres
- Architectural Style:Mediterranean
Finances and disclosures
- Price:$8,995,000
- Price per sq. ft.:$393.14
Parking
- Total parking spaces:40
- Parking description:Gated
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