Welcome to "The Case V", a brand-new 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 $4,100,000, this turnkey investment delivers an projected 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:
$4,100,000
MLS #:
25494031
Status:
Active
Baths:
0
Address:
5651 Case Avenue
Type:
Residential Income
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Feb 18, 2025
State:
CA
ZIP:
91601
Lot Size:
6,986 sqft / 0.16 acres (approx)
Year Built:
2025
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Schools
Interior
Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Carport, Attached Carport, Driveway, Private, Tandem Garage
Parking Spots
10.00
Stories Total
3
Financial
Map
Community
- Address5651 Case Avenue North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
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5651 Case Avenue
North Hollywood, CA
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