5312 Cartwright AVE North Hollywood, CA 91601

Built in 1991 by the current owners, the subject property has been well
maintained and does not fall under the LA City Rent Control Ordinance—
only the statewide AB 1482. The unit mix is comprised of (One)
studio, (One) 1-Bedroom/1.5-Bathroom + Loft, (Five) 2-Bedroom/2-
Bathroom, and (One) 2-Bedroom/2.5-Bathroom + Loft totaling
approximately 8,475 SF of rental space sitting on approximately
6,750 SF of land—R3 zoned. Furthermore, four of the units on the
top floor offer high ceiling and lots of light.
This building has an on-site laundry facility and 14 parking spaces.
This well-kept building is very easy to manage and is well-positioned
in the south tip of North Hollywood and will offer great appreciation
for a long-term holder. Furthermore, the building is fitted with copper
plumbing.
The property is located between Vineland Ave & Cahuenga Blvd,
situated just south of Chandler Blvd. The site is in walking distance
to plenty of shops, stores, and parks. As well, it sits in an extremely
dense rental area. The building has easy access to the 101, 134, and
170 Freeways, as well as being a short drive over the mountain to
the west side. This well-maintained investment opportunity will make
a great addition to the next investor's portfolio, who will also benefit
from the long-term appreciation growth in a great area!