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5319 Cartwright Ave
For Sale $3,600,000
$3,600,000
- Units
- Unknown Sq Ft
- 6,761 Sq Ft
- Unknown Cap Rate
Description
**For Sale: Exceptional 9-Unit Building in North Hollywood - No RSO!**Introducing 5319 Cartwright, a beautifully designed 9-unit building located in the vibrant North Hollywood area. This property offers a fantastic investment opportunity with ample living space and modern amenities, perfect for both current tenants and future residents. This beautiful property was built in 1987 and is not subject to Los Angeles Rent Control (RSO). It is governed by California AB 1482. This provides an investor the option to increase rents up to 5% + CPI, with a cap of 10%. Translation... This is a great Investor-friendly latitude and rent growth potential.**Property Highlights:**- **9 Spacious Units:** Each unit is thoughtfully designed to maximize living space, providing comfort and functionality.- **Central HVAC:** All units are equipped with central heating and air conditioning for year-round comfort.- **Individual Water Heaters:** Each unit features its own water heater, ensuring convenience and efficiency for residents.- **Separate Utilities:** Enjoy separate electrical and gas meters for each unit, simplifying management and billing.- **On-Site Laundry Room:** A dedicated laundry room is available for residents, adding to the convenience of living in this building.Located in a desirable neighborhood, this property is not subject to rent control, making it an ideal investment for maximizing rental income. With its attractive design and functional features, 5319 Cartwright is a fantastic opportunity for savvy investors looking to expand their portfolio in North Hollywood.Don't miss out on this chance to own a well-maintained building in a thriving area! Contact us today for more information or to schedule a viewing.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,600,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 15 spots |
| Year Built | 1987 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 2416026018 |
| MLS # | P123494 |
| Property ID | 322027480 |
| Lot Sqft | 6,761 |
| Zoning | Unknown |
| Days on Market | 129 |
| Original List Price | $3,600,000 |
| Date Updated | August 01, 2025 |
| Date Created | July 31, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jose Maria Chaparro an agent of Jenkins Properties. Lic #02023861
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of August 01, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT