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5651 Case Avenue, North Hollywood, CA 91601
Priced at Only: $3,995,000
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Address: 5651 Case Avenue, North Hollywood, CA 91601
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  • MLS#: 25563547 ( )
  • Street Address: 5651 Case Avenue
  • Viewed: 3
  • Price: $3,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 0
  • Days On Market: 208
  • Additional Information
  • County: LOS ANGELES
  • City: North Hollywood
  • Zipcode: 91601
  • Provided by: Hollywood Estates
  • Contact: Oliver Oliver
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Eligible for 100% bonus depreciation with estimated year 1 federal tax deductions of approximately $193,000, verified by a legitimate cost segregation expert! No rent control via sb 8 exempt status and fully stabilized/rented out at $24,100/month! Welcome to "the case v", a brand new and fully stabilized 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 $3,995,000, this turnkey investment delivers an actual 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.
Features
Appliances
  1. Dishwasher
  2. Microwave
  3. Refrigerator
Architectural Style
  1. Contemporary
Building Area Total
  1. 9127.00
Cooling
  1. Central Air
Country
  1. US
Heating
  1. Central
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Multi/Split
Netoperatingincome
  1. 214094.00
Parcel Number
  1. 2337029017
Parking Features
  1. Carport
  2. Attached Carport
  3. Driveway
  4. Private
  5. Tandem Garage
Postalcodeplus4
  1. 1903
Sourcesystemkey
  1. 25563547:CLAW
Totalexpenses
  1. 67455.00
Year Built
  1. 2025
Year Built Source
  1. Seller
Zoning
  1. LARD1.5
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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