North Hollywood, CA 91601,5651 Case AVE
North Hollywood, CA 91601,5651 Case AVE
North Hollywood, CA 91601,5651 Case AVE
North Hollywood, CA 91601,5651 Case AVE
North Hollywood, CA 91601,5651 Case AVE
North Hollywood, CA 91601,5651 Case AVE
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$ 4,100,000
Est. payment | /mo

23 Beds

20 Baths

9,127 SqFt


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$ 4,100,000
Est. payment | /mo
Save

23 Beds

20 Baths

9,127 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,127 sqft

Price per Sqft $449

MLS Listing ID 25494031

Bedrooms 23

HOA Y/N No

Year Built 2025

Lot Size 6,987 Sqft

Property Description

Welcome to "The Case V", a brand-new 2025 townhome-style apartment building situated in the heart of the North Hollywood Arts District, adjacent to Toluca Lake. Built with a Senate Bill 8 exemption, this property is not subject to radical Los Angeles rent control, making it an exceptional investment opportunity. The property consists of four units plus an ADU, totaling 9,127 square feet on a spacious 7,000-square-foot lot. The well-designed unit mix includes two 5-bedroom, 4-bathroom units, one 3-bedroom, 3.5-bathroom ADU, and one 5-bedroom, 5-bathroom unit. Each unit features in-unit washer and dryer, hardwood floors, stainless steel appliances, and recessed lighting, offering residents a luxurious and modern living experience. Listed at just $4,100,000, this turnkey investment delivers an projected 5.6% CAP rate in a prime location with many other new construction properties on the same street. Built with class and elegance by Thornton Development Group, this property showcases high-end finishes and meticulous craftsmanship. Nestled in a quiet residential neighborhood surrounded by newly constructed homes, 5651 Case Ave offers the perfect balance of tranquility and accessibility. Residents will enjoy close proximity to the vibrant energy of the North Hollywood Arts District and the prestige of Toluca Lake. Don't miss out on this exceptional investment opportunity to secure your place in one of Los Angeles' most sought-after rental markets today! Request OM from the listing agent.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Attached Carport, Carport, Driveway, Garage, Private, Tandem

Attached Garage Yes

Total Parking Spaces 10

Building

Story 3

Entry Level Multi/Split

Architectural Style Contemporary

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 2337029017

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Oliver Thornton • Hollywood Estates
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28391 Sheridan Dr, Niguel, California, 92677, United States

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5651 Case AVE