Properties

North Hollywood, CA 91601 5330 Satsuma Avenue

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Presented By: Michael Monempour with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 26671447
  • 03/30/2026
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  • Beds • 45
  • Baths • 30
  • SQFT • 22,880

Home Details

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.
Presented By: Michael Monempour with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 5330 Satsuma Avenue

Bedrooms

Total Bedrooms45

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths41

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 5330 Satsuma Avenue

Architectural StyleMediterranean
Cap Rate5
CityNorth Hollywood
Community FeaturesGated
CoolingCentral Air
CountyLos Angeles
DirectionsEast of Vineland Ave, South of Chandler Blvd, North of Magnolia Blvd & West of Cahuenga Blvd
Full Baths
Gross Income692640
HOANo
HeatingCentral
LevelsThree Or More
Living Area22880
Lot Size Square Feet18222
Lot Size UnitsSquare Feet
MLS AreaNHO - North Hollywood
Net Operating Income449644
New ConstructionNo
Number Of Units Total20
PostalCityNORTH HOLLYWOOD
Property TypeResidential Income
Security FeaturesGated Community
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tenant PaysElectricity, Gas
Year Built2005
ZoningLAR3

Exterior for 5330 Satsuma Avenue

Building Area Total22880
Lot Dimensions45x135
Lot Size Acres0.4183
Lot Size Area18222
Number of Buildings1
Parking FeaturesGated
Total Parking40

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $8,995,000
MLS#26671447
List Date 03/30/2026
Property Type Multi-Family
Phone 888.795.6274
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