$2,999,000

5263 Cartwright Avenue , North Hollywood, CA 91601

 
Bedrooms:14 beds
Bathrooms:12 baths
(None specified):7,892 sqft
Lot:0.16
Year Built:2025
Listing Status:Active

Listing Agent

Cheyenne Womack
https://www.twotofour.com/buy
Loan Amount:
Interest:
Term (Years):
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Monthly Principal + Interest:$
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Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

5263 Cartwright Ave is a brand-new, luxury 5-unit in the coveted Toluca Woods enclave—an ultra-charming pocket of North Hollywood bordering Toluca Lake and Magnolia Park. Surrounded by tree-lined streets, coffee shops, and entertainment studios, this location attracts long-term A+ tenants who value a neighborhood feel with urban convenience. This NON RENT-CONTROLLED, four-story double-duplex + ADU project offers thoughtful layouts with spacious living areas, private decks with incredible views, and top-floor master suites tenants will love. It’s located in a designated Opportunity Zone and delivers a projected 6.41% cap rate—an exceptional return for such a rare, blue-chip location. Listed at just $2,999,000, the property is poised to generate approx. $249,600 in annual rental income. The unit mix includes one 4-bed, three 3-beds, and a well-designed 1-bed ADU with its own garage. Interiors feature open-concept layouts, large windows, high-end finishes, and stainless-steel appliances. Walk to the NoHo Arts District, bike to Magnolia Park, or head to Toluca Lake Village for brunch—this is one of the most desirable and stable rental pockets in the Valley. Tenants cover the cost of all their utilities, keeping operating expenses minimal, and the 1-year builder’s warranty provides peace of mind. Plus, with 8 parking spots and 2 bonus spaces, it checks every box for a premium rental. Don’t miss the chance to own a high-yield, low-maintenance asset in one of LA’s most charming and in-demand neighborhoods.

Detailed Items

Other Information

5263 Cartwright Avenue, North Hollywood, CA, 91601 is a (none specified) listing of 7,892 sqft on a lot of 0.16. This (none specified) listing has 14 bedrooms, and 12 baths. The map for this location can be viewed on Google maps at Google maps to property5263 Cartwright Avenue, North Hollywood, CA
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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