5622 Willowcrest Ave North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated payment $13,024/month
Highlights
- Tandem Parking
- Central Heating and Cooling System
- 4-minute walk to Whitnall Off-Leash Dog Park
About This Home
We are pleased to present 5622 Willowcrest Avenue in North Hollywood. This newly constructed four-unit apartment property presents a rare opportunity to acquire a turnkey, vacant multifamily asset in one of the most dynamic rental markets in Los Angeles. Thoughtfully designed and completed with modern finishes, the property consists of two separate residential buildings, each containing two units, providing tenants with increased privacy and limited shared walls. Each residence features contemporary layouts designed for modern living, including open floor plans, generous bedroom sizes, and in-unit laundry hookups. The property offers an attractive unit mix of three spacious three bedroom / two bath units and one two bedroom / two bath unit, catering to a wide range of renters including families, professionals, and roommates seeking larger living spaces. The buildings total approximately 5,095 square feet and sit on a 6,760 square foot lot, with covered onsite parking for each unit accessible from the rear alley.Situated near the vibrant NoHo Arts District, the property benefits from proximity to theaters, restaurants, cafes, and creative industry employers. The location also provides convenient commuter access via the nearby Metro B Line and major regional freeways including the Hollywood Freeway (CA-170) and Ventura Freeway (US-101 / CA-134). Major entertainment studios such as Universal Studios Hollywood and Warner Bros. Studios are just minutes away, supporting strong rental demand from industry professionals and local workforce tenants.
Listing Agent
Remax Commercial and Investment Realty License #01372010 Listed on: 03/18/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2025
Lot Details
- 6,760 Sq Ft Lot
- Lot Dimensions are 50x130
Interior Spaces
- 5,095 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- Covered Parking
- Tandem Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 2415-023-030
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,140 | $1,023,000 | $800,000 | $223,000 |
| 2024 | $12,140 | $994,500 | $795,600 | $198,900 |
| 2023 | $11,903 | $975,000 | $780,000 | $195,000 |
| 2022 | $4,947 | $48,913 | $34,163 | $14,750 |
| 2021 | $4,933 | $47,955 | $33,494 | $14,461 |
| 2019 | $4,914 | $46,534 | $32,501 | $14,033 |
| 2018 | $4,862 | $45,622 | $31,864 | $13,758 |
| 2016 | $649 | $43,853 | $30,628 | $13,225 |
| 2015 | $641 | $43,195 | $30,168 | $13,027 |
| 2014 | $654 | $42,350 | $29,578 | $12,772 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/11/2026 05/11/26 | Pending | -- | -- | -- | |
| 05/07/2026 05/07/26 | Price Changed | $2,250,000 | -5.3% | $442 / Sq Ft | |
| 03/18/2026 03/18/26 | For Sale | $2,375,000 | +143.6% | $466 / Sq Ft | |
| 09/16/2022 09/16/22 | Sold | $975,000 | 0.0% | $1,051 / Sq Ft | View Prior Sale |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- | |
| 07/21/2022 07/21/22 | For Sale | $975,000 | -- | $1,051 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $1,401,320 | None Listed On Document | |
| Trustee Deed | $1,401,320 | None Listed On Document | |
| Grant Deed | $975,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $780,000 | New Conventional |
Source: The MLS
MLS Number: 26666147
APN: 2415-023-030
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© 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.
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