This Multifamily Property is no longer advertised on LoopNet.com.

5263 Cartwright Ave
North Hollywood, CA 91601
Brand-New Fourplex + ADU in NoHo | Opp. Zone · Multifamily Property For Sale · 5 Units

Investment Highlights

  • NO RENT CONTROL!
  • OPPORTUNITY ZONE! Major tax benefit (consult CPA).
  • Each building is 4 stories- an incredibly rare feature. With superior views, floorplans, and curb appeal, this will be a top choice for renters.
  • Outstanding projected cap rate of 6.41%!
  • Located in ultra trendy and highly sought after NoHo- A major draw for A+ tenants!
  • One of the best priced fourplex plus ADU new constructions in the NoHo area

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.16 AC
Building Size 7,892 SF
No. Stories 4
Year Built 2025
Parking Ratio 1/1,000 SF
Zoning LAR3 - restricted Density Multiple Dwelling

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Deck
  • Double Pane Windows
  • Instant Hot Water
  • Island Kitchen
  • Loft Layout

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+3.5 1 $5,200 1,956
3+2.5 3 $4,400 1,621 - 1,920
1+1 1 $2,300 559

Property Taxes

Property Taxes

Parcel Number
2416-026-014
Land Assessment
$1,283,326
Improvements Assessment
$472,879
Total Assessment
$1,756,205
  • Listing ID: 35127352

  • Date on Market: 3/13/2025

  • Last Updated:

  • Address: 5263 Cartwright Ave, North Hollywood, CA 91601

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