4-Unit North Hollywood Multifamily

Discover the dynamic and vibrant neighborhood surrounding the property in North Hollywood, CA. Positioned in the heart of the NoHo Arts District, this area is a hub for creative industries, with an eclectic mix of theaters, art galleries, and trendy eateries. Just nearby, the Metro Red Line provides direct access to Downtown Los Angeles and beyond, offering convenient transportation options for businesses and tenants. Enjoy the proximity to iconic studios like Universal Studios and Warner Bros. Studios, as well as the lively energy of the Arts District, making this location an attractive choice for renters seeking a prime location with a vibrant atmosphere. Coming soon to the neighborhood is District NoHo, a new North Hollywood development and one of the largest in the NoHo Arts District’s 20+ year history. District NoHo will transform the underutilized 15-acre site at the B Line (Red) and G Line (Orange) station into an arts district-inspired urban village. District NoHo will bring much-needed housing, office and retail steps from transit and it will serve as a gathering space to amplify the thriving community of North Hollywood. District NoHo will be constructed in multiple phases over a 15-year period. Given that District NoHo is in the heart of the NoHo Arts District, it will celebrate and showcase the flourishing arts community. The design will include flexible open space at the heart of the project with a performing arts pavilion intended to support small scale outdoor performances.5622 Willowcrest Avenue is a 4-Unit +/-4,965 SF multi-family property. The unit mix consists of (3) 3 bedrooms + 2 baths units & (1) 2 bedrooms + 2 baths unit. Two separate buildings include open floor plans with high ceilings and spacious bedrooms. There is in-unit laundry space. Zoned RD1.5, the property sits on a 6,760 SF lot. The fourplexes are recently built and are currently vacant. The luxury fourplex property is ideally location in North Hollywood, bordering the City of Burbank. The property is just one block northwest from the corners of Burbank Blvd & Cahuenga Blvd. 5622 Willowcrest Avenue is just minutes from NoHo Arts District retail and restaurant amenities. The North Hollywood Metro Stop is located one mile away, along Lankershim Blvd. The 134 & 170 Freeways are easily accessible.