5810 Cartwright Ave, North Hollywood, CA 91601

$1,555,000
10
BD
8
BA
5,851
SqFt
Sold Price
$1,555,000
List Price
$1,599,000
Closing Date
Dec 09, 2022
MLS#
22-204013
Status
SOLD
Type
Multifamily
Bedrooms
10
Bathrooms
8
Living Area
5,851

Property Description

Very large 5,851 square foot 2 story 5 unit building with 10 car parking on a large 8200 square foot lot in NoHo. Original 3+2 house in front built in 1941. The rear 4 units were added on in 1988. Property subject to L.A RSO. Property does not need soft story retrofit as per seller. Property has alley access in rear with entry to a large gated tuck under carport with room for 10 cars parked tandem. Units are very large averaging more than 1000 square feet each. Building is very well priced currently at 13.49 GRM and a 5+ % Cap Rate. Washer/Dryer shed in carport. Gas wall heaters. Tenants pay gas/electricity. Located just minutes to the popular North Hollywood Arts District. Good solid investment property. Seller ready to go, let's do a deal! Call listing agent for more info or questions.

Additional Information

Year Built
1941
View
None
Garage
Carport Attached

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of eXp Realty of California Inc, Derrick Ruiz. Selling Office: .

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