Back 5263 Cartwright Ave
Off Market

5263 Cartwright Ave

Los Angeles CA 91601

13
13
0.16 ac.
Multi-Family
Last sold for $2,900,000
Cheyenne WomackCheyenne Womack, last sold this property on 06 August 2025 after 36 days on market.

Overview

5263 Cartwright Ave is a brand-new, luxury fourplex plus adu in the coveted Toluca Woods enclavean ultra-charming pocket of North Hollywood bordering Toluca Lake and Magnolia Park. Surrounded by tree-lined streets, coffee shops, and entertainment studios, this location attracts long-term A+ tenants who value a neighborhood feel with urban convenience. This NON RENT-CONTROLLED, four-story double-duplex + ADU project offers thoughtful layouts with spacious living areas, private decks with incredible views, and top-floor master suites tenants will love. Its located in a designated Opportunity Zone and delivers a projected 6.41% cap ratean exceptional return for such a rare, blue-chip location. Listed at just $2,999,000, the property is poised to generate approx. $249,600 in annual rental income. The unit mix includes one 4-bed, three 3-beds, and a well-designed 1-bed ADU with its own garage. Interiors feature open-concept layouts, large windows, high-end finishes, and stainless-steel appliances. Walk to the NoHo Arts District, bike to Magnolia Park, or head to Toluca Lake Village for brunchthis is one of the most desirable and stable rental pockets in the Valley. Tenants cover the cost of all their utilities, keeping operating expenses minimal, and the 1-year builders warranty provides peace of mind. Plus, with 8 parking spots and 2 bonus spaces, it checks every box for a premium rental. Dont miss the chance to own a high-yield, low-maintenance asset in one of LAs most charming and in-demand neighborhoods.

Features

13 bedrooms
13 bathrooms
0.16 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 13 bedroom multi families sold in Los Angeles over the last 12 months.

Property history for 5263 Cartwright Ave

2025
Sold
$2,900,000
06 Aug 2025 by Cheyenne Womack, of The 2-4 Unit Specialists
2018
Sold
$950,000
06 Aug 2018 by David Fogg, of Keller Williams Wmc

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Local market activity for 13 bedroom multi families in Los Angeles

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