$3,495,000

5237 Willowcrest Ave North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated payment $22,686/month

Total Views 17
15 Beds
15 Baths
8,170 Sq Ft
$428 Price per Sq Ft

Highlights

  • 24-Hour Security
  • Contemporary Architecture
  • Stone Countertops
  • Toluca Lake Elementary School Rated A-
  • High Ceiling
  • Balcony

About This Home

Exceptional investment opportunity in the heart of North Hollywood. Built in 2006, this well-maintained 5-unit multifamily property features five spacious 3-bedroom residences, currently 100% occupied and generating $19,400 in monthly rent. Each residence offers generous living space, central air conditioning, in-unit washer/dryer, multiple private balconies and abundant storage. Additional highlights include a rooftop area, secure entry, gated parking, security system, individually metered gas and electricity, and separate APNs for each residence, offering added flexibility for future individual resale. Ideally located near the vibrant NoHo Arts District, dining, entertainment and major Metro connectivity. With newer construction, oversized floor plans, strong occupancy and highly desirable resident amenities, 5237 Willowcrest presents an attractive opportunity for investors seeking a stabilized multifamily asset in a high-demand North Hollywood location.

Listing Agent

Jordana Leigh

Christie's International Real Estate SoCal License #01239166 Listed on: 08/29/2026

Christie's International Real Estate SoCal

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 6,010 Sq Ft Lot
  • Lot Dimensions are 50x120

Home Design

  • Contemporary Architecture

Interior Spaces

  • 8,170 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Laundry in Carport

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 11 Car Garage
  • Automatic Gate
  • Controlled Entrance

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2416-028-041

Community Details

Overview

  • 5 Units

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

6,010 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 8170
  • Lot Acreage: 0.1380
  • Lot Dimensions: 50x120
  • Stories: 3
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 5
  • Number Disposal: 5
  • Appliances: Microwave, Gas/Electric Range
  • Bedrooms: 15
  • Common Walls: Attached
  • Kitchen Features: Stone Counters
  • Laundry: In Carport
  • Total Bathrooms: 15.00
  • Equipment: Microwave, Range/Oven, Refrigerator, Dishwasher
  • Price Per S Q F T: 427.78

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: None
  • Number Patio: 5
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Number Rented Garages: 5
  • Parking Garage: Controlled Entrance, Private Garage
  • Total Parking: 11

Utilities

  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Water Meters: 5
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Controlled Access

Lot Info

  • Assessed Improvement Percent: 60.06
  • Assessed Improvement Value: 411748
  • Assessed Land Percent: 39.94
  • Assessed Land Value: 273791
  • Total Assessed Value: 685539
  • Assessor Parcel Number: 2416-028-041
  • Lot Size Area: 6010

Rental Info

  • Number Leased: 5
  • Total Actual Rent: 19400.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.01
  • Number Of Units: 5
  • Type Of Units: 3 bd | 3 Ba

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/29/2026 08/29/26 For Sale $3,495,000 -- $428 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26880413

The MLS
California Los Angeles County North Hollywood 91601 North Hollywood

5237 Willowcrest Ave, North Hollywood, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Jordana Leigh
Listing Agent
Jordana Leigh
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Christie's International Real Estate SoCal
(747) 302-4028
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