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5810 Cartwright Ave

North Hollywood, CA 91601
  • $1,599,000
  • STATUS: Active Under Contract
  • ON SITE: 64 Days
  • ID#: 22-204013
Under Contract
UPDATED: 39 min ago
$1,599,000
  • 10
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,851
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Description

Very large 5,851 square foot 2 story 5 unit building with 10 car parking on a large 8200 square foot lot in NoHo. Original 3+2 house in front built in 1941. The rear 4 units were added on in 1988. Property subject to L.A RSO. Property does not need soft story retrofit as per seller. Property has alley access in rear with entry to a large gated tuck under carport with room for 10 cars parked tandem. Units are very large averaging more than 1000 square feet each. Building is very well priced currently at 13.49 GRM and a 5+ % Cap Rate. Washer/Dryer shed in carport. Gas wall heaters. Tenants pay gas/electricity. Located just minutes to the popular North Hollywood Arts District. Good solid investment property. Seller ready to go, let's do a deal! Call listing agent for more info or questions.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-03T15:43:21.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.realestatetoolbox.com/homes/133517400
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5810 Cartwright Ave North Hollywood, CA 91601

  • Price: $1,599,000
  • Status: Active Under Contract
  • On Site: 64 Days
  • Updated: 39 min ago
  • ID#: 22-204013
10
Beds
0
Baths
0
½ Baths
0.19
Acres
5,851
SQFT
$273
$/SQFT
1941
Built
Neighborhood:
North Hollywood
County:
Los Angeles
Area:
North Hollywood
Property Description
Very large 5,851 square foot 2 story 5 unit building with 10 car parking on a large 8200 square foot lot in NoHo. Original 3+2 house in front built in 1941. The rear 4 units were added on in 1988. Property subject to L.A RSO. Property does not need soft story retrofit as per seller. Property has alley access in rear with entry to a large gated tuck under carport with room for 10 cars parked tandem. Units are very large averaging more than 1000 square feet each. Building is very well priced currently at 13.49 GRM and a 5+ % Cap Rate. Washer/Dryer shed in carport. Gas wall heaters. Tenants pay gas/electricity. Located just minutes to the popular North Hollywood Arts District. Good solid investment property. Seller ready to go, let's do a deal! Call listing agent for more info or questions.
Exterior Features

Carport Spaces Total 10 Cross Streets Hatteras Direction Faces North Exterior Construction Stucco Levels Two Lot Description 5 + Lots Lot Location Alley Access Lot Size Area 8206 Other Structures None Parking Garage Carport Attached Patio Features None Paved YN Yes Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Style Contemporary Tennis Court None Tennis YN No Total Parking 10 View Description None View YN No Water Frontage None

Interior Features

Baths Total 8.00 Common Walls Attached Cooking Appliances OvenGas/Electric Range Cooling Window Unit(S) Equipment RefrigeratorRange/Oven Fireplace Rooms Living RoomKitchenMaster Bedroom Flooring CarpetVinyl PlankLinoleum Foundation Details Raised Heating Wall Laundry In Carport Water Heater Features Gas

Property Features

Alley YN Yes Assessed Total Value 475603 Garage Income 25.00 Gross Income 118560 Gross Operating Income 115003 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 5 Owner Pays GardenerWater Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features None Sewer In Connected And Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays ElectricityCable TvGas Total Annual Expense 0 Type Of Units Garden` Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar1

Listing provided courtesy of Derrick Ruiz DRE#00919713 of Exp Realty Of California Inc: 888-584-9427.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-03T15:43:21.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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