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5753 Case Avenue North Hollywood, CA 91601
$2,299,000 12 beds, 9 baths
4, 676 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 26996941
List price is $2,299,000
Beds: 12
Baths: 9
Built in 2018
4,676 sqft
2 stories
0.16 acres
Lot size: 0.1601
County: Los Angeles
Property style: Modern
Zoning: LARD1.5
Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer
Parking description: Garage
Heating/cooling: Central Air
Heating description: Central
MLS area: NHO - North Hollywood

Last Updated: 11/5/2026

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This listing belongs to the NHO - North Hollywood MLS area

The style of this listing is Modern.
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Lat/Long: 34.175377, -118.372247.
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Listing Agent: Will Tiao
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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