5743 Case, North Hollywood, CA 91601
Local realty services provided by:CENTURY 21 Affiliated
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.
MLS#:BB26091875
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,400,000
About this home
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 d...
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Home facts
- Listing ID #:BB26091875
- Added:1 day(s) ago
- Updated:April 29, 2026 at 04:34 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:9
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,400,000
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