5743 Case, North Hollywood, CA

Condo

For Sale

Listed price in listed location currency (USD).

$2,400,000

0012

MLS® BB26091875

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

HOA Fees

Taxes $32,348

Days Active 0

Approx. Age 2018

MLS® Number BB26091875

Property Address: 5743 Case, North Hollywood, CA, 91601

Average square foot calculated using Size range provided by listing agent.

Description

5743 Case is a 2018-built, fully leased fourplex in the heart of the North Hollywood Arts District offering a 5.23% cap rate, $125, 530 NOI, and seven years of proven, stable operations. Each unit includes 3 parking spaces, featuring a private side-by-side 2-car garage with direct access into the unit plus an additional space in front of the garage, a rare amenity that materially drives tenant demand and retention. The property consists of four large 3 bedroom units averaging over 1, 130 SF, each separately metered and equipped with in-unit laundry and modern, low-maintenance finishes. Floorplans are significantly larger and more functional than typical new construction, with open kitchens, spacious living areas, oversized bedrooms, high ceilings and large, deep closets. Unlike many newer builds that sacrifice livability for bedroom count, these units offer true usability, which is reflected in consistent occupancy and long-term tenancy! The asset produces $168, 000 in gross income with zero loss-to-lease and a strong average rent of $3.09/SF, demonstrating in-place rents that are aligned with the current market. Operating expenses remain efficient at approximately 23.5% of income, supporting a clean, predictable yield with minimal management needs! Located minutes from the North Hollywood Metro Station and in the NoHo Arts District, the property benefits from immediate access to major employment hubs, transit, and a dense live-work-play environment. Nearby conveniences including Trader Joe's and Target, along with top dining such as Idle Hour and The Front Yard, continue to drive strong tenant demand. With its proven income history, efficient expense profile, rare 3 parking spaces per unit, and larger, tenant-oriented layouts, 5743 Case presents a straightforward opportunity to acquire a stabilized, low-maintenance asset in one of LA's most active rental submarkets.

MLS® NumberBB26091875

Locker

Ensuite LaundryYes

Balcony

Furnished

Laundry LevelEnsuite

Exposure

Exterior

GarageYes

Approx. Age2018

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 29, 2026List Date

$2,400,000List Price

Commute

Commute

Starting Address

Destination Address

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