5620 CARTWRIGHT Avenue, North Hollywood, CA 91601

• 5 beds |
• 4 baths

Property Description

Investors Dream or Perfect Owner-User Opportunity! Unbelievable value only $544,500 per home! Whether youre a first-time buyer looking to live in one home and rent the other, or an investor seeking steady income, this rare North Hollywood duplex is a golden opportunity you wont want to miss. Ideally located just one block from Burbank, these two separate homes sit on a spacious 8,871 sqft lot with private fenced yards surrounded by trees and flowers a serene retreat where you can enjoy nature year-round. Property Highlights: 5618 Cartwright Ave Built in 2006, no rent control on this 2-story home offers 3 bedrooms, 2 bathrooms, 1,254 sqft of living space, a spacious master suite, an open kitchen with dining area, laundry room, and an attached 2-car garage. Currently rented at $2,350/month with strong potential to increase to approx. $3,700/month at market rate. 5620 Cartwright Ave Built in 1937, rent control. A one-story home offers 2 bedrooms, 2 bathrooms, 1,154 sqft of living space, a formal dining area, a large living room, a bonus room (possible 3rd bedroom), a laundry area, and an attached 2-car garage. Current rent: $ 2,000.00/month. Pro-forma estimate $ 3,500.00 if a new tenant move in. Total Pro-forma of 2 houses estimate $ 7,200.00@ month. Additional Features: Separate yards with private fencing. Tenants occupy both homes with no lease agreement, just month-to-month rent for both homes. Individual water, gas & electric meters tenants pay their own utilities Combined rental potential of $7,200.00 per month if a new tenants move in. Prime location near studios,

Listing Status:

Active

Listing Office:

Rise Realty :

Listing Agent:

Surin Poommai : 818-445-4220

MLS ID:

SR25214765

Interior

• A/C: Central Forced Air
• Heating: Natural Gas

Exterior

• General: N/K
• Pool: N/K

Construction

• General: 1 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Assessor2415022024

Financial

• Source: California Regional MLS

This listing courtesy of Surin Poommai, Rise Realty