5651 Case Avenue, North Hollywood, CA 91601

North Hollywood
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
5651 Case Avenue,North Hollywood, CA 91601
$3,795,000
  • 23 Beds
  • 20 Baths
  • 9,127 sq. ft.
  • Multi-family
  • Active
Listed by: oliver thornton
Office: hollywood estates310-704-1794
MLS#:26857873
Source:CRMLS

Price summary

  • Price:$3,795,000
  • Price per sq. ft.:$415.8

About this home

Welcome to "The Case V" a brand-new, FULLY STABILIZED & RENTED 2025 townhome-style apartment building with $25,445/month rental income 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 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; two 5-bedroom, 4.5-bathroom units; and one 3-bedroom, 3.5-bathroom ADU. Each unit features an inunit washer and dryer, hardwood floors, stainless steel appliances, and recessed lighting, offering residents a luxurious, modern living experience. Listed at just $3,995,000, this turnkey investment delivers a 5.87% CAP rate (underwritten on 20% operating expenses w/ 4% vacancy rate) on in-place income in a prime location alongside many other newly...

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Home facts

  • Year built:2025
  • Listing ID #:26857873
  • Added:77 day(s) ago
  • Updated:September 26, 2026 at 10:50 AM

Rooms and interior

  • Bedrooms:23
  • Total bathrooms:20
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:9,127 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:9,127 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Contemporary

Finances and disclosures

  • Price:$3,795,000
  • Price per sq. ft.:$415.8

Features and amenities

  • Appliances:Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:10
  • Parking description:Attached Carport, Carport, Driveway, Garage, Private, Tandem
  • Garage:Yes
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