Active
5651 Case Avenue, North Hollywood (los Angeles)
North Hollywood ( los Angeles ) CA, 91601
$4,100,000
$449.22 per sqft
Active
9,127 sqft
Other
Built in 2025
Welcome to "The Case V", a brand-new 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 $4,100,000, this turnkey investment delivers an projected 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
CL25494031
MLSⓇ ID
February 18, 2025
Listed
February 22, 2025
Updated
Interior Features
Appliances
Dryer
Laundry Description
Dryer, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
North Hollywood (los Angeles)
Garage
No
Parking
Tandem, Other, Private
View
No
County
Los Angeles
Pool
No
Zoning
LARD
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Listed by Oliver Thornton with Hollywood Estates
Listing Contact: 310-704-1794
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