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5622 Willowcrest Ave
For Sale $2,495,000 ($489.22 per Sq Ft)
$2,495,000 ($489.22 per Sq Ft)
- 11 Bedrooms
- 8.00 Bathrooms
- 5,100 Sq Ft
- 6,762 Sq Ft
Description
Brand-new luxury 4-plex located on a picturesque, tree-lined street near Toluca Terrace and Burbank, offering an outstanding investment opportunity just minutes from major studios. The property features three spacious 3-bedroom, 2-bath units and one 2-bedroom, 2-bath unit, thoughtfully designed across two separate buildings with minimal shared walls for added privacy. These Units are perfect for large families and each have their own Washer and Dryer hook-ups. Each residence boasts soaring ceilings, open-concept layouts, generously sized bedrooms and bathrooms, in-unit laundry, and separate utility meters. Modern upgrades include brand-new solar panels and a four-car covered parking area with alley access. Delivered vacant and move-in ready, this turnkey property is ideal for attracting discerning tenants and maximizing rental income. Exceptional upside potential! Note: Each Unit has their own Water, Electric, Gas meter.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,495,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 5,100 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 2025 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2415023030 |
| MLS # | 25545815 |
| Property ID | 321848208 |
| Lot Sqft | 6,762 |
| Zoning | LARD1.5 |
| Total Units | 4 |
| Days on Market | 275 |
| Original List Price | $2,695,000 |
| Date Updated | January 31, 2026 |
| Date Created | May 29, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 3 | 2.00 | $0 | $0 |
| Gross Income (Yr) | $ 228,000 |
| Operating Expenses | $ 79,800 |
| Net Income (Yr) | $ 148,200 |
| Cap Rate | 5.50% |
Listing Provided By
Philip Boroda an agent of Coldwell Banker Realty. Lic #00822192
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Robert Crawford
REAL ESTATE AGENT