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
Macy’s, The Cheesecake Factory, Mendocino Farms, Furley's Bar - Glendale, Porto's Bakery and Cafe, Mario's Italian Deli & Market
<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
BJ's Restaurant & Brewhouse, California Pizza Kitchen at Glendale, Olive Garden Italian Restaurant, Starbucks Coffee Company, Target, Din Tai Fung, Broadway Burger, Barnes & Noble, Louis Vuitton Glendale Americana
Property Presented By:
