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5620 & 5618 Cartwright Ave, North Hollywood, 5620 & 5618 Cartwright Ave 2 Unit Apartment Building $1,089,000 ($544,500/Unit) North Hollywood, CA 91601



INVESTMENT HIGHLIGHTS
- The property is situated in a prime location with a nice and quiet neighborhood near the border of Burbank City.
EXECUTIVE SUMMARY
This property features two separate houses on a spacious 8,874 sq. ft. lot with a private French yard. The first home, located at 5618 Cartwright Ave, was built in 2006 and offers two stories with 3 bedrooms and 2 bathrooms. It includes a large kitchen and living room, a private garden with a gazebo, and a living area of approximately 1,254 sq. ft., complemented by a two-car garage. This unit is not subject to rent control. The second home, at 5620 Cartwright Ave, was built in 1937 and is a single-story residence with 2 bedrooms and 2 bathrooms. It features a well-appointed kitchen, dining room, family room with a fireplace, and a large yard, with a living space of approximately 1,154 sq. ft. and a two-car garage. This unit is subject to rent control. Both homes have individual laundry facilities and separate utility meters. All units are currently on a month-to-month basis, and all lease agreements have expired.
-The property is sold as is in its current condition. The seller is a handyman, he keeps the properties in a well condition for all units.
-The property is sold with the tenants. All units are fully occupied.
-To show, please call the agent: SURIN POOMMAI at any time: (818) 445-4220
-The property is sold as is in its current condition. The seller is a handyman, he keeps the properties in a well condition for all units.
-The property is sold with the tenants. All units are fully occupied.
-To show, please call the agent: SURIN POOMMAI at any time: (818) 445-4220
DATA ROOM Click Here to Access
- Market Information
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Fireplace
- Yard
- Family Room
- Garden
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+4 | 2 | - | 2 |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (78)
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5620 & 5618 Cartwright Ave, North Hollywood, | 5620 & 5618 Cartwright Ave
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