5312 Cartwright Avenue

North Hollywood, CA 91601

$2,895,000
Price
13
Beds
14
Baths
8,475 Sq. Ft.
$342 / Sq. Ft.
8,475
Sq. Ft.
$342
per Sq. Ft.

Description

Built in 1991 by the current owners, the subject property has been well
maintained and does not fall under the LA City Rent Control Ordinance—
only the statewide AB 1482. The unit mix is comprised of (One)
studio, (One) 1-Bedroom/1.5-Bathroom + Loft, (Five) 2-Bedroom/2-
Bathroom, and (One) 2-Bedroom/2.5-Bathroom + Loft totaling
approximately 8,475 SF of rental space sitting on approximately
6,750 SF of land—R3 zoned. Furthermore, four of the units on the
top floor offer high ceiling and lots of light.
...

Property Details for 5312 Cartwright Avenue

Parking Spaces Total
14
Private Pool
No

Property Details for 5312 Cartwright Avenue

StatusActive
MLS #SR20220426
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1991
Lot Size0.15 AC / 6,750 SF
CountyLos Angeles County

Listing Agent

Contact Agent(s)

Location

Listing Courtesy of Compass, Mirella Venti, DRE #01740644; Reza Ghobadi, Reza Ghobadi, DRE #01780045

Listing Agents

  1. Mirella Venti

    Alternative Listing Agent

    Compass

    DRE #01740644

Building Information for 5312 Cartwright Avenue

Stories1Residences-Year Built1991Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$9,702 per month

30 year fixed, 2.95% Interest

Principal and Interest

$9,702

Property Taxes

HOA Dues

$0

Similar Homes

Property Information for 5312 Cartwright Avenue

Property Features
    Interior Features
  • Common Walls: 2+ Common Walls
  • Laundry: Yes
  • Laundry Equipment Own Lease: Own
  • Laundry Features: In Garage, Washer Hookup
  • Total Units: 8.0
    Exterior Features
  • Pool Features: None
    Parking Info
  • Garage Spaces: 14
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: true
  • Parcel Number: 2416027009
  • Property Type: Residential Income
  • Stories Total: 1
  • Year Built: 1991
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 8475
  • Building Area Units: Square Feet
  • Living Area: 8475
Community/Development / Location Info
    School/Location Info
  • Zip Code: 91601
  • Street Number Numeric: 5312.0
  • Street Name: Cartwright
  • Street Suffix: Avenue
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: North on Vineland Avenue, right on Magnolia Boulevard, left on Cartwright Street
  • MLS Area Major: North Hollywood (NHO)
    Association Information
  • Community Features: Street Lights
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 1253.20
  • Tax Lot: 128
  • Tax Tract Number: 125320
  • Zoning: LAR3
    Income Details
  • Cap Rate: 3.46
  • Gross Income: $167,820
  • Gross Multiplier: 17.48
  • Gross Operating Income: $167,820
  • Gross Scheduled Income: $165,600
  • Laundry Income: $2,220
  • Net Operating Income: $100,280
  • Vacancy Allowance: 4968
    Expense Details
  • Electric Expense: $4,500
  • Fuel Expense: $240
  • Insurance Expense: $3,739
  • New Taxes Expense: $36,188
  • Operating Expense: $52,573
  • Pest Control Expense: $720
  • Professional Management Expense: $0
  • Total Expenses: $62,573
  • Trash Expense: $3,986
  • Water Sewer Expense: $8,000
  • Gardener Expense: $1,200
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,825
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2250
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,825
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,100
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1550
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,100
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $1,625
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2250
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,625
  • Unit Type Type: 3
    Unit 4
  • Unit Type Actual Rent: $1,825
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2250
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,825
  • Unit Type Type: 4
    Unit 5
  • Unit Type Actual Rent: $2,700
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2750
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $2,700
  • Unit Type Type: 5
    Unit 6
  • Unit Type Actual Rent: $1,200
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1850
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,200
  • Unit Type Type: 6
    Unit 7
  • Unit Type Actual Rent: $1,525
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2250
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,525
  • Unit Type Type: 7
    Unit 8
  • Unit Type Actual Rent: $2,000
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2250
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $2,000
  • Unit Type Type: 8
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 0
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Acres: .15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6750
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 5312 Cartwright Ave

DateEvent & SourcePriceAppreciation
Oct 19, 2020

Listed (Active)

CRMLS #SR20220426

$2,895,000
Oct 19, 2020

Listed (Active)

CLAW #SR20220426CN

$2,895,000
DateEvent & SourcePrice
10/19/2020

Listed (Active)

CRMLS #SR20220426

$2,895,000
10/19/2020

Listed (Active)

CLAW #SR20220426CN

$2,895,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5312 Cartwright Avenue


SchoolTypeGradesDistanceRating
East Valley Senior High SchoolPublic9-120.5 mi
3
Toluca Lake Elementary SchoolPublicK-50.5 mi
7
Science Academy STEM MagnetPublic6-120.6 mi
10
Toluca Crossroads SchoolPrivateK-10.6 mi
NR

East Valley Senior High School

9-12, 0.5 mi, Public

3

Toluca Lake Elementary School

K-5, 0.5 mi, Public

7

Science Academy STEM Magnet

6-12, 0.6 mi, Public

10

Toluca Crossroads School

K-1, 0.6 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5312 Cartwright Avenue is a multi-family home for sale in North Hollywood, CA 91601. This property was listed for sale on October 19, 2020 by Compass at $2,895,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Teach Academy Of Technologies, Math, Science, & Technology Magnet Academy At Roosevelt High and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 5312 Cartwright Avenue is a 13-bed, 14-bath, 8,475 sqft multi-family home built in 1991. This address can also be written as 5312 Cartwright Ave.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Compass, Mirella Venti, DRE #01740644; Reza Ghobadi, Reza Ghobadi, DRE #01780045

The information being provided by CARETS and CRMLS is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, VCRDS and/or CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS or CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.