5330 Satsuma Avenue, North Hollywood (los Angeles), CA 91601

• 22,880 sqft

Property Description

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 $378 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.

Listing Status:

Active

Date Added:

March 30, 2026

Data Last Updated:

May 20, 2026 at 7:06AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Michael Monempour : 310-883-7070

MLS ID:

CL26671447

Interior

• A/C: Central Air
• Heating: Other

Exterior

• Parking: Other

Location

• County: Los Angeles

Lot

• Zoning: LAR32416008046