5620 & 5618 Cartwright Ave - Apartments FOR SALE


North Hollywood, CA 91601
$1,089,000 USD
818-442-4220
5620 & 5618 Cartwright Ave, North Hollywood, CA for Sale
$1,089,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

5620 & 5618 Cartwright Ave
North Hollywood, CA 91601


HIGHLIGHTS

  • The property is situated in a prime location with a nice and quiet neighborhood near the border of Burbank City.

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,089,000 USD

PRICE/SF

$452 USD /SF

# OF UNITS

2

PRICE/UNIT

$544,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5620 & 5618 Cartwright Ave, North Hollywood,

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

LAR2

APN/PARCEL ID

2415-022-024

ASK ABOUT THIS PROPERTY

Surin Poomaicentury21More Info
818-442-4220

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Surin Poomaicentury21More Info
818-442-4220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.