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5620 & 5618 Cartwright Ave - 5620 & 5618 Cartwright Ave, North Hollywood, 2 Unit Apartment Building Offered at $1,500,348 CAD North Hollywood, CA 91601
INVESTMENT HIGHLIGHTS
- The property is situated in a prime location with a nice and quiet neighborhood near the border of Burbank City.
EXECUTIVE SUMMARY
Two Houses on one large 8,874 sqft., lot with a separate French yard.
- 5618 Cartwright Ave, built in 2006, 2 stories, 3 beds,2 baths, large kitchen and living room, private garden, and gazebo, living space of 1,254sqft., 2 car garage. No Rent control.
- 5620 Cartwright Ave, Built in 1937, 1 story, 2 beds, 2 baths, nice kitchen, dining room, family room with fireplace, large yard, living space 1,154sqft., 2-car garage. Rent control.
-Each unit has a laundry facility and a separate utilities meter. All Units are month-to-month rent, and all lease agreements have expired.
-The property is sold as is in its current condition. The seller is a handyman, he keeps the properties in a well condition for all units.
-The property is sold with the tenants. All units are fully occupied.
-To show, please call the agent: SURIN POOMMAI at any time: (818) 445-4220
- 5618 Cartwright Ave, built in 2006, 2 stories, 3 beds,2 baths, large kitchen and living room, private garden, and gazebo, living space of 1,254sqft., 2 car garage. No Rent control.
- 5620 Cartwright Ave, Built in 1937, 1 story, 2 beds, 2 baths, nice kitchen, dining room, family room with fireplace, large yard, living space 1,154sqft., 2-car garage. Rent control.
-Each unit has a laundry facility and a separate utilities meter. All Units are month-to-month rent, and all lease agreements have expired.
-The property is sold as is in its current condition. The seller is a handyman, he keeps the properties in a well condition for all units.
-The property is sold with the tenants. All units are fully occupied.
-To show, please call the agent: SURIN POOMMAI at any time: (818) 445-4220
DATA ROOM Click Here to Access
- Market Information
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Fireplace
- Yard
- Family Room
- Garden
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+4 | 2 | - | 2 |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (78)
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5620 & 5618 Cartwright Ave - 5620 & 5618 Cartwright Ave, North Hollywood,
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