Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingQuadruplex

5619 Irvine Avenue

North Hollywood, CA, 91601

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$1,485,000

MLS: SR26031123

Beds

8

Baths

8

Sq Ft

3,840

Lot

0.15 ac

Year Built

1965

MLS #

SR26031123

Days on Market

49

Listed

Feb 16, 2026

Description

Beautiful fourplex located on a quiet street in the highly sought-after NoHo District, offering an outstanding opportunity for both owner-users and investors. This townhome-style property features four spacious two-story units, each approximately 960 sq ft with 2 bedrooms and 2 bathrooms, private enclosed patios, and washer/dryer hookups. Each unit is individually metered for gas and electricity and is equipped with its own tankless water heater, providing added efficiency and tenant appeal. The property has seen extensive upgrades throughout, offering a well-maintained, turnkey asset with strong long-term value. For an owner-user, this is a rare opportunity to live in one unit while the other three units help offset — or potentially cover — your mortgage. For investors, the property offers solid in-place income with additional upside, including the potential to add up to two ADUs (buyer to verify), creating enhanced cash flow and long-term appreciation. Located within an Opportunity Zone, this property is an excellent fit for buyers completing a 1031 exchange. Just minutes from NoHo West, the NoHo Arts District, NoHo High School, shopping, dining, and the 170 Freeway, the location continues to support strong rental demand. With ongoing market volatility, multi-residential real estate remains one of the most reliable long-term wealth-building assets, and this fourplex presents a compelling opportunity in North Hollywood.

Location

North Hollywood, Los Angeles County, CA 91601

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Listed by: Chris Silva · Silva Realty

Payment estimate

$10,615

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $148,500 · Loan: $1,336,500

%
Principal & Interest
$8,212
Property tax (1.25%)
$1,547
Homeowners insurance
$300
Mortgage insurance
$557
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this North Hollywood home with as little as 3.5% down using an FHA loan — roughly $51,975 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See North Hollywood, CA 91601 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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