8,873 Sqft Lot
8,873 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SR25214765
HOA Y/N No
Year Built 1937
Lot Size 8,873 Sqft
Lot Dimensions Assessor
Property Sub-Type Duplex
Property Description
Unbelievable value – only $544,500 per home!
Whether you're 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 won't 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, shopping, dining, and easy freeway access
•All this for just $1,089,000 total! A true North Hollywood gem with endless potential — act fast, this opportunity won't last long!
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR2
Rooms
Other Rooms Two On A Lot
Interior
Interior Features Ceiling Fan(s)
Heating Natural Gas
Cooling Central Air
Flooring Tile, Vinyl, Wood
Fireplaces Type Dining Room, Family Room, Gas
Fireplace Yes
Appliance Gas Oven, Gas Range
Laundry Common Area, Inside
Exterior
Exterior Feature TV Antenna
Parking Features Garage, Garage Door Opener
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Fence Wood, Wire
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level One,Two
Foundation Combination
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One, Two
Additional Building Two On A Lot
New Construction No
Others
Senior Community No
Tax ID 2415022024
Security Features Smoke Detector(s)
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Special Listing Condition Standard
Nearby Locations
- 10
Colfax Charter Elementary
Public | KG - 5
- 9
Carpenter Community Charter
Public | KG - 5
- 9
Theodore Roosevelt Elementary School
Public | KG - 5
- 9
Robert Louis Stevenson Elementary
Public | KG - 5
- 9
Thomas Jefferson Elementary School
Public | KG - 5
- 8
Rio Vista Elementary School
Public | KG - 5
- 8
Toluca Lake Elementary
Public | PK - 5
- 8
Bret Harte Elementary
Public | KG - 5
- 8
Thomas Edison Elementary
Public | KG - 5
- 7
Celerity Palmati Charter
Public | KG - 8
- 7
Providencia Elementary
Public | KG - 5
- 7
George Washington Elementary
Public | KG - 5
- 7
Walt Disney Elementary School
Public | KG - 5
- 6
Celerity Cardinal Charter
Public | KG - 8
- 5
Strathern Elementary School
Public | PK - 5
- 5
Burbank Boulevard Elementary
Public | PK - 5
- 5
Victory Boulevard Elementary School
Public | KG - 5
- 5
New Horizons Charter Academy
Public | KG - 8
- 5
Lankershim Elementary School
Public | KG - 5
- 5
Fair Avenue School
Public | KG - 5
- 7
Walter Reed School
Public | 6 - 8
- 6
Luther Burbank Middle School
Public | 6 - 8
- 5
Sun Valley Magnet
Public | 6 - 8
- 4
Roy Romer Middle School
Public | 6 - 8
- 0
Off Campus Learning Center
Public | 7 - 12
- 0
Magnolia Park
Public | 6 - 12
- 8
North Hollywood High School
Public | 9 - 12
- 8
John Burroughs High School
Public | 9 - 12
- 3
East Valley High School
Public | 9 - 12
- 0
Valley Torah High School
Private | 9 - 12
- 0
Valley Torah
Private | 9 - 12
- 0
Valley Torah High School Girls' Division
Private | 9 - 12
- 0
Amelia Earhart Continuation
Public | 9 - 12
- 0
Monterey High (Continuation)
Public | 9 - 12
- 0
Providence High School
Private | 9 - 12
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