5649 Willowcrest AVE North Hollywood, CA 91601

*Update! One unit is now rented for $3,600! Higher than projected!

5649 Willowcrest Ave is a 2018 construction luxury fourplex located in the trendy NoHo Arts District. This property was built to “hold-quality” by the developers, ensuring that every aspect would stand the test of time and attract the highest quality renters for themselves. But you’re in luck! Due to their large quantity of inventory, they’ve decided to pass this opportunity on to you! With a projected cap rate of 5.64% (or possibly even higher!), this is the new construction fourplex you’ve been waiting for! Also important to note is the lack of rent control and the ease of management. This is the ideal place to park your money and watch it grow!

5626 Willowcrest is made up of two duplexes. The rear duplex consists of two 3 bed/3 bath units that are side-by-side townhome style with 2-car garages on the first floor (accessed via a back alley). The front duplex is made up of two 3 bed/2 bath units, with one unit on the bottom floor and one unit on the top floor. The parking for the front units is accessed from a front driveway and is located between the two buildings. The units feature top of the line appliances, high quality finishes, spacious floor plans and washer/dryer hookups in unit.

This fourplex is located in the heavily sought after NoHo Arts District, which is home to the most popular arts, dining and nightlife scene in all of the Valley.