Discover an incredible investment opportunity in the heart of North Hollywood! This well-maintained duplex sits on a prime corner lot just minutes from the vibrant NoHo Arts District, the Metro Red Line station, the 170 Freeway, popular restaurants, music studios, and theaters.
The property offers excellent upside potential with zoning that allows for multiple units (buyer to verify), making it ideal for investors, developers, or owner-users looking to expand. The lot features mature fruit trees, a spacious driveway accommodating multiple vehicles, and two detached garages located at the rear of the property.
The exterior has been recently refreshed with updated paint and stucco, enhancing curb appeal and long-term value. The front unit (#1) is a super clean 1 bedroom, 1 bathroom currently rented month-to-month, providing immediate income and flexibility. The rear unit boasts a well-laid-out 2 bedroom, 2 bathroom floor plan with a large family room, covered patio, and private enclosed backyard—perfect for entertaining or enjoying quiet evenings at home.
Additional highlights include hardwood flooring, evidence of copper plumbing, and a roof in good condition.
Whether you’re looking to generate rental income, live in one and rent the other, or explore future development possibilities, this North Hollywood duplex checks all the boxes. Don’t miss this rare opportunity in one of the Valley’s most dynamic neighborhoods!
Home Style:
Bungalow
Property Sub Type:
Duplex
Property Attached:
No
Lot Area:
7,437 sq. ft.691 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1947
(Age: 79)
General Listing Location:
North Hollywood, NHO - North Hollywood
County Or Parish:
Los Angeles
Common Interest:
None
Gross Income:
$2,000
Gross Scheduled Income:
$0
Net Operating Income:
$0
Rent Control:
Yes
Land Lease:
No
Electric Expense:
$350
Fuel Expense:
$100
Insurance Expense:
$1,800
Operating Expense:
$0
Trash Expense:
$800
Water and Sewer Expense:
$2,200
Tax Lot:
53
170 Frwy exit Burbank head East to Willowcrest head North to 5658 Willowcrest Ave