See all 18 photos
$1,089,000
Est. payment /mo
5 Beds
4 Baths
2,408 SqFt
Active Under Contract
5620 Cartwright Avenue North Hollywood, CA 91601
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Key Details
Property Type Condo
Sub Type All Other Attached
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,408 sqft
Price per Sqft $452
MLS Listing ID SR25168562
Bedrooms 5
Full Baths 4
Year Built 1937
Lot Size 8,874 Sqft
Property Sub-Type All Other Attached
Property Description
Income Property of the Year - Prime Investment Opportunity. An ideal choice for investors and first-time buyers alike! Live in one home and rent out the other- perfect for generating rental income. These two separate homes are on one large 8,871 sqft lot located in a peaceful neighborhood, just steps from the Burbank border. A true dream property in a high-demand area! 5618 Cartwright Ave is a 2-story home offering 3 bedrooms, 2 bathrooms, living space of 1,254 sqft. A large master suite, an open kitchen and dining area, and an attached 2-car garage.Current rent $ 2,350.00 @ month. If new tenant rent shall be increase to market rate around $ 3,700.00 @ month. Also, on #5620 Cartwright Ave, if a new tenant move in a new rent around $3,500.00. Total both $ 7,200.00. 5620 Cartwright Ave features 2 bedrooms, 2 bathrooms, living space of 1,154 sqft. A spacious living room, a formal dining area, a bonus room that can be used as a third bedroom, an attached 2-car garage, and a laundry area. Current rent is $ 2,000.00 @ month Both homes have private fenced yards, separate garages, and tons of potential all for only $1,089,000.00. ( $ 544,500 for each Home ). Each Home Has Separate Water, Gas & Electric Meters Tenants Pay Their Own Utilities!. Hurry ! it Wont Last Long!.
Location
State CA
County Los Angeles
Zoning LAR2
Direction no
Interior
Cooling Central Forced Air, Electric, Gas
Fireplaces Type FP in Living Room
Fireplace No
Exterior
Garage Spaces 150.0
View Y/N Yes
Water Access Desc Public
Total Parking Spaces 150
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 2415022024
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Standard

Listed by Surin Poommai Rise Realty
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