5743 Case Ave, North Hollywood
100% LEASED, 2018 FOURPLEX W/ 7 YEARS PROVEN RETURNS
The 2-4 Unit Specialists present 5743 Case, a 2018-built, two-story fourplex in the NoHo Arts District offering a 5.23% cap rate and $125,530 NOI with 100% occupancy. The asset generates $168,000 gross with $3,500/month rents across all units and zero loss to lease, reflecting strong in-place income aligned with today’s market.
Each of the four oversized 3 bed units averages 1,130 SF and includes in-unit laundry, separate meters, and rare 3-car parking per unit with a side-by-side 2-car garage plus an additional space. Low 23.5% expenses and a prime location near transit, retail, and major studios support stable, long-term tenant demand.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
Unit Mix:
Opportunity Zone:
Parking:
Rent Control:
$2,400,000
Fourplex
Pre-Market
4
2018
5.23%
14.29
$168,000/Year
4,525 sqft
6,976 sqft
$530.39
$600,00
3x 3b/2b, 1x 3b/2.5b
Yes
8 Garage Spaces + 4 Bonus Spaces
No
Other Features:
No Rent Control, 2 Story Building, All 3 Bed Units
The Highlights
2018 construction with seven years of proven rental history and consistent performance
True 5.23% cap rate generating $125K NOI with stable, predictable income
100% leased with zero loss-to-lease, reflecting strong in-place rents
All 3 bedroom unit mix averaging over 1,130 SF, ideal for long-term tenants
3 parking spaces per unit, a rare and highly valuable amenity in NoHo
Private side-by-side 2 car garages with direct access into each unit
Additional dedicated parking space per unit, enhancing tenant convenience and flexibility
Separately metered units with an efficient, low-expense operating profile
In-unit laundry in every unit paired with modern, durable, low-maintenance finishes
Prime NoHo Arts District location near
The Neighborhood
<15-Minute Walk
The Magnolia Grille, NoBAR, Lawless Brewing Co., Ralphs, Tamashii Ramen House, Amsterdam Café, Amazing Thai Cuisine, Blazing Hot Chicken, Tequilas Burbank, The Road Theatre Company, Idle Hour
<15-Minute Drive
NoHo Arts District, The Federal, Amazon Fresh, Eat, Dave's Hot Chicken, Republic of Pie, 24 Hour Fitness, NoHo West, Porto’s Bakery & Cafe, Laemmle NoHo7, North Hollywood Park, The Good Nite
<$15 Uber Ride
Disney Studios, Porto's Bakery, Target, Magnolia Park, Vitello's, Bob's Big Boy, Granville, City Kitchen, Target, Tiki No, Humble Bird, Whole Foods, Aeirloom Bakery, Forman's Whiskey Tavern, Jinya Ramen
Property Presented By:
