$3,995,000
5651 Case Avenue, North Hollywood CA 91601
Multi-Family (5 Units)
Property type
130 days
On market
$438
Price per sqft
N/A
Garage
2025
Year built
6,986 sqft
Lot size
Home highlights
Open Houses
Overview
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 $24,320/MONTH! Welcome to "The Case V", a brand-new and FULLY STABILIZED 2025 townhome-style apartment building situated in the heart of the North...
Listing provided by: Oliver Thornton DRE #01969227 310-704-1794, Hollywood Estates
Listing updated: Feb 14, 2026 at 08:19am.
Last checked: Jun 13, 2026 at 02:30pm
Source: CRMLS #26646863
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 5 | 4 | — | $4,995 | $4,995 | $5,250 | Unfurnished |
| 2 | 5 | 4 | — | $4,750 | $4,750 | $5,250 | Unfurnished |
| 3 | 3 | 3 | — | $3,700 | $3,600 | $4,000 | Unfurnished |
| 4 | 5 | 4 | — | $5,375 | $5,375 | $5,500 | Unfurnished |
| 5 | 5 | 4 | — | $5,500 | $5,500 | $5,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Dishwasher: 5
Refrigerator: 5
Financial Snapshot
Gross Rent Multiplier
164.3x
List Price / Annual Gross Rent
Cap Rate
5.11%
NOI / List Price
Vacancy Allowance: $11,731
Vacancy Allowance Rate: 4%
Net Operating Income: $204,288
Interior
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Architectural Style: Contemporary
Stories Total: 3
Levels: Multi Split
Garage and Parking
Parking: Attached Carport, Carport, Driveway, Garage, Private, Tandem
Garage: Attached
Parking Total: 10
Lot Information
Land Lease: No
Parcel #: 2337029017
Zoning: LARD1.5
Lot Size Dimensions: 50x140
Community
HOA: No
Senior Community: No