5663 Case Ave - Apartments FOR SALE


North Hollywood, CA 91601
$3,995,000 USD
213-302-8662
5663 Case Ave, North Hollywood, CA for Sale
$3,995,000 USD
Apartments - FOR SALE
1/38
null | 6.38% Cap Rate

5663 Case Ave
North Hollywood, CA 91601


HIGHLIGHTS

  • NO RENT CONTROL!
  • OPPORTUNITY ZONE- major tax benefits (consult with your CPA).
  • Located 3 minutes from the ultra trendy and highly sought after NoHo Arts District- a major draw for A+ tenants!
  • Outstanding projected cap rate of 6.38%! Cash cow.
  • MASSIVE units with premium floorplans.
  • The best curb appeal you'll find on this rapidly gentrifying street!

OVERVIEW

The 5+ Unit Specialists are pleased to present 5663 Case Ave, a massive, brand-new construction 5-unit in prime North Hollywood—NON-RENT CONTROLLED and located in a designated Opportunity Zone. This luxury investment property sits on a rapidly gentrifying street and boasts the best curb appeal on the block. With an unbeatable unit mix, high-end designer finishes, and minimal expenses, this property projects an impressive 6.38% cap rate. In addition to the high return, the property’s Opportunity Zone designation offers significant tax advantages for buyers (consult with your CPA). The property is non-RSO, features separate meters for all utilities, and comes with a 1-year builder’s warranty, ensuring minimal maintenance and longterm stability. The unit mix consists of one massive 6-bedroom, tri-level townhome (2,356 SF), three large 5-bedroom units, and one spacious 4-bedroom unit—all designed for maximum rentability. These premium townhomes offer luxury finishes and tenant-friendly layouts, making them highly desirable rentals. Features include expansive kitchens with large islands and open living spaces, designer tile, modern cabinetry, stainless steel appliances, high ceilings, large closets, and balconies off the living spaces and bedrooms. The property is further enhanced with drought-tolerant landscaping, ample parking, and abundant natural light throughout. With brand-new everything, strong rental demand, and built-in tax benefits, this is a rare opportunity to secure a high-performing, low-maintenance asset in one of LA’s fastest-growing rental markets. Don’t miss your chance to own one of North Hollywood’s finest new developments!

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$411 USD /SF

# OF UNITS

5

PRICE/UNIT

$799,000

CAP RATE

6.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OPP. ZONE NEW CONST. 5-UNIT | 6.38% CAP RATE

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,985 SF

ZONING

LAR1.5

APN/PARCEL ID

2337-029-015

ASK ABOUT THIS PROPERTY

Lauren CearleyMyunits.com IncMore Info
213-302-8662

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Lauren CearleyMyunits.com IncMore Info
213-302-8662

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