38
See all 38 photos
$3,995,000
Est. payment /mo
21 Beds
18 Baths
Pending
5663 Case Avenue North Hollywood, CA 91601
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID BB25078122
Bedrooms 21
Property Sub-Type Res Income 2-4 Units
Property Description
5663 Case Ave is a massive, brand-new construction 5-unit in prime North HollywoodNON-RENT CONTROLLED and located in a designated Opportunity Zone. This luxury investment property sits on a rapidly gentrifying street and boasts the best curb appeal on the block. With an unbeatable unit mix, high-end designer finishes, and minimal expenses, this property projects an impressive 6.38% cap rate. In addition to the high return, the propertys Opportunity Zone designation offers significant tax advantages for buyers (consult with your CPA). The property is non-RSO, features separate meters for all utilities, and comes with a 1-year builders warranty, ensuring minimal maintenance and longterm stability. The unit mix consists of one massive 6-bedroom, tri-level townhome (2,356 SF), three large 5-bedroom units, and one spacious 4-bedroom unitall designed for maximum rentability. These premium townhomes offer luxury finishes and tenant-friendly layouts, making them highly desirable rentals. Features include expansive kitchens with large islands and open living spaces, designer tile, modern cabinetry, stainless steel appliances, high ceilings, large closets, and balconies off the living spaces and bedrooms. The property is further enhanced with drought-tolerant landscaping, ample parking, and abundant natural light throughout. With brand-new everything, strong rental demand, and built-in tax benefits, this is a rare opportunity to secure a high-performing, low-maintenance asset in one of LAs fastest-growing rental markets. Dont miss your chance to own one of North Hollywoods finest new
Location
State CA
County Los Angeles
Zoning Builder
Direction From US-101 (Hollywood Freeway): Exit onto Vineland Ave and head north, Turn left onto Burbank Blvd, Turn right onto Case Ave an
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 2337029015
Virtual Tour https://www.myunits.com/buy/5663case
Listed by Lauren Cearley Myunits.com Inc.