Property Detail

5753 Case

North Hollywood CA 91601

$2,299,000

Status: Active

Property Details

Description

Exceptional opportunity to acquire a modern, 2018-built fourplex in a desirable North Hollywood location, offering the appeal of contemporary townhouse-style living with strong income potential and minimal anticipated near-term capital improvements. Offered at $2,299,000, 5753 Case Avenue features four spacious three-bedroom residences, each with its own private attached garage, providing a level of privacy, convenience, and functionality rarely found in traditional apartment buildings. Situated on a 6,972 SF lot, the 4,524 SF property includes three 3-bedroom/2-bathroom units and one 3-bedroom/2.5-bathroom unit. Thoughtfully designed interiors feature dramatic vaulted ceilings, abundant natural light, wood-style flooring, gourmet kitchens with stainless steel appliances, central heating and air conditioning, and in-unit washers and dryers. Each residence benefits from its own attached garage, with a total of eight parking spaces across the property. These desirable amenities, combined with the property's newer construction, create an attractive residential offering in the competitive North Hollywood rental market. The property offers compelling investment fundamentals, with projected annual Gross Operating Income of $159,780 and pro forma Net Operating Income of $113,169, based on estimated annual expenses of $46,611. At the asking price of $2,299,000, this represents a 4.9% pro forma capitalization rate and 14.39 gross rent multiplier. Three units are currently occupied, while the fourth will be delivered vacant, providing an immediate opportunity to establish market rent or potentially accommodate an owner-user. The combination of existing rental income, newer construction, and the vacant unit offers investors flexibility and the opportunity to enhance returns.Ideally located near the vibrant NoHo Arts District, the property provides convenient access to an array of restaurants, entertainment, shopping, and cultural attractions. The Metro B Line, Hollywood Burbank Airport, and nearby 170 and 101 freeways offer excellent connectivity to Burbank, Studio City, Toluca Lake, and the greater Los Angeles area. Combining modern construction, spacious three-bedroom floor plans, private attached garages, and attractive pro forma financial performance, 5753 Case Avenue represents a distinctive opportunity to acquire a well-appointed multifamily investment in one of the San Fernando Valley's established rental markets.

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Listing provided courtesy of Will Tiao of The Collective Realty. Last updated 2026-11-04 09:10:55.000000. Listing information © 2025 CRMLS.

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Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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