$3,500,000
-$250,0005261 Harmony Avenue, North Hollywood CA 91601
Multi-Family (5 Units)
Property type
160 days
On market
$591
Price per sqft
0 cars
Garage
2023
Year built
6,901 sqft
Lot size
Open Houses
Overview
NOHO NEWER CONSTRUCTION! Introducing a stunning brand newer construction in the desirable neighborhood of Toluca Lake, just a short distance from the vibrant NoHo Arts District. This contemporary 5-unit apartments offers an incredible opportunity for those seeking a modern living experience with convenient access to amenities. Boasting a walk score of 85, this prime location...
Listing provided by: Janet Chan DRE #01818618 626-538-7423, Advanta Properties, Inc
Listing updated: Apr 29, 2026 at 06:29pm.
Last checked: Jun 13, 2026 at 12:31am
Source: CRMLS #AR26003742
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 4 | — | $4,345 | $0 | $4,345 | Unfurnished |
| 1 | 4 | 4 | — | $4,170 | $0 | $4,200 | Unfurnished |
| 1 | 3 | 3 | — | $3,800 | $0 | $3,800 | Unfurnished |
| 1 | 3 | 3 | — | $3,699 | $0 | $3,800 | Unfurnished |
| 1 | 3 | 3 | — | $3,699 | $0 | $3,800 | Unfurnished |
# of Buildings: 3
# of Units Total: 5
Separate Electric Meters: 6
Separate Gas Meters: 5
Separate Water Meters: 5
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
14.8x
List Price / Annual Gross Rent
Cap Rate
5.46%
NOI / List Price
Gross Scheduled Income: $236,556
Operating Expense: $33,899
Net Operating Income: $190,988
Annual Operating Expenses
Electric: $800
Insurance: $6,000
Professional Management: $12,099
Trash: $0
Interior
Cooling: Ductless
Fireplace: None
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: Ground
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: One Common Wall
Pool: None
Water Source: Public
Sewer: Sewer Tap Paid
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 3
Carport Spaces: 7
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 2416009015
Additional Parcels: No
Tax Lot: 162
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban