ELIGIBLE FOR 100% BONUS DEPRECIATION WITH ESTIMATED YEAR 1 FEDERAL TAX DEDUCTIONS OF APPROXIMATELY $193,000, VERIFIED BY A LEGITIMATE COST SEGREGATION EXPERT! NO RENT CONTROL VIA SB-8 EXEMPT STATUS AND FULLY STABILIZED/RENTED OUT AT $24,100/MONTH! Welcome to “The Case V”, a brand-new and FULLY STABILIZED 2025 townhome-style apartment building situated in the heart of the North Hollywood Arts District, adjacent to Toluca Lake. Built with a Senate Bill 8 exemption, this property is not subject to radical Los Angeles rent control, making it an exceptional investment opportunity. The property consists of four units plus an ADU, totaling 9,127 square feet on a spacious 7,000-square-foot lot. The well-designed unit mix includes two 5-bedroom, 4-bathroom units, one 3-bedroom, 3.5-bathroom ADU, and one 5-bedroom, 5-bathroom unit. Each unit features in-unit washer and dryer, hardwood floors, stainless steel appliances, and recessed lighting, offering residents a luxurious and modern living experience. Listed at just $3,995,000, this turnkey investment delivers an ACTUAL 5.6% CAP rate in a prime location with many other new construction properties on the same street. Built with class and elegance by Thornton Development Group, this property showcases high-end finishes and meticulous craftsmanship. Nestled in a quiet residential neighborhood surrounded by newly constructed homes, 5651 Case Ave offers the perfect balance of tranquility and accessibility. Residents will enjoy close proximity to the vibrant energy of the North Hollywood Arts District and the prestige of Toluca Lake. Don’t miss out on this exceptional investment opportunity to secure your place in one of Los Angeles’ most sought-after rental markets today! Request OM from the listing agent.
Property Details
Price:
$3,995,000
MLS #:
25563547
Status:
Active
Beds:
23
Baths:
20
Type:
Single Family
Neighborhood:
nhonorthhollywood
Listed Date:
Jul 11, 2025
Finished Sq Ft:
9,127
Total Sq Ft:
9,127
Lot Size:
6,986 sqft / 0.16 acres (approx)
Year Built:
2025
See this Listing
Schools
Interior
Appliances
DW, MW, RF
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Exterior
Architectural Style
CNT
Parking Spots
10
Financial
Map
Community
- Address5651 Case AV North Hollywood CA
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
Market Summary
Current real estate data for Single Family in North Hollywood as of Dec 08, 2025
216
Single Family Listed
72
Avg DOM
270
Avg $ / SqFt
$827,876
Avg List Price
Property Summary
- 5651 Case AV North Hollywood CA is a Single Family for sale in North Hollywood, CA, 91601. It is listed for $3,995,000 and features 23 beds, 20 baths, and has approximately 9,127 square feet of living space, and was originally constructed in 2025. The current price per square foot is $438. The average price per square foot for Single Family listings in North Hollywood is $270. The average listing price for Single Family in North Hollywood is $827,876.
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5651 Case AV
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