5312 Cartwright Avenue, 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!