5620 CARTWRIGHT Avenue

North Hollywood (los Angeles),CA 91601

$ 1089000

5 Beds

0 Bath

2408 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,408 sqft

Price per Sqft $452

MLS Listing ID CRSR25214765

Bedrooms 5

Year Built 1937

Lot Size 8,874 Sqft

Property Sub-Type Duplex

Property Description

Investor's Dream or Perfect Owner-User Opportunity! Unbelievable value – only $544,500 per home! Whether you're a first-time buyer looking to live in one home and rent the other, or an investor seeking steady income, this rare North Hollywood duplex is a golden opportunity you won't want to miss. Ideally located just one block from Burbank, these two separate homes sit on a spacious 8,871 sqft lot with private fenced yards surrounded by trees and flowers - a serene retreat where you can enjoy nature year-round. Property Highlights: • 5618 Cartwright Ave – Built in 2006, no rent control on this 2-story home offers 3 bedrooms, 2 bathrooms, 1,254 sqft of living space, a spacious master suite, an open kitchen with dining area, laundry room, and an attached 2-car garage. Currently rented at $2,350/month with strong potential to increase to approx. $3,700/month at market rate. • 5620 Cartwright Ave –Built in 1937, rent control. A one-story home offers 2 bedrooms, 2 bathrooms, 1,154 sqft of living space, a formal dining area, a large living room, a bonus room (possible 3rd bedroom), a laundry area, and an attached 2-car garage. Current rent: $ 2,000.00/month. Pro-forma estimate $ 3,500.00 if a new tenant move in. Total Pro-forma of 2 houses estimate $ 7,200.00@ month. Addition

Location

State CA

County Los Angeles

Zoning LAR2

Interior

Heating Natural Gas

Cooling Central Air

Flooring Tile,Vinyl,Wood

Laundry Common Area,Inside

Exterior

Exterior Feature Other

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View None

Building

New Construction No

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