4-Unit Quadplex with Private
New
For Sale
$2,299,000
5753 Case Ave, North Hollywood, CA 91601
Contemporary residences pair three-bedroom layouts with attached garages, in-unit laundry, and central heating and air conditioning.
Property Size4,676 SF
Lot Size0.16 Acres
Price / SF$491.66
Days on Market7
Property Features for 5753 Case Ave
General Information
Standard status
Active
Size
4,676 SF
Total Parking Spaces
8
Lot size
0.16 Acres
Property subtype
MULTI_FAMILY
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
3 x 3BR/2BA, 1 x 3BR/2.5BA
Multifamily Units
4
Additional Details
Asking Price
$2,299,000
Amenities
private attached garage
vaulted ceilings
wood-style flooring
gourmet kitchens
stainless steel appliances
central heating and air conditioning
in-unit washers and dryers
Building Details
Building Size
4,676 SF
Year Built
2018
Listing Agency:
The Collective Realty
Listed By:
Will Tiao · License #01918965
(323) 363-1096
Source:
Benbelack
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 21 at 6:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Collective Realty
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Investment Insights
Based on property information with market context.
Built in 2018, this quadplex contains four three-bedroom residences: three have 2 bathrooms, and one has 2.5 bathrooms. Each unit includes an attached garage, while the property provides eight parking spaces overall. Interior features include vaulted ceilings, wood-style flooring, stainless steel kitchen appliances, central heating and air conditioning, and in-unit washers and dryers. The parcel measures 6,972 square feet.
Three residences are occupied, and one is scheduled to be delivered vacant. The property is near the NoHo Arts District, with restaurants, entertainment, shopping, and cultural attractions in the surrounding area. Access to the Metro B Line, Hollywood Burbank Airport, and the 170 and 101 freeways connects the site with Burbank, Studio City, Toluca Lake, and greater Los Angeles.
The 2018 construction, three-bedroom configuration across all four units, and attached garages define the property’s residential setup. Pro forma figures include a 4.9% capitalization rate and a 14.39 gross rent multiplier.
Three residences are occupied, and one is scheduled to be delivered vacant. The property is near the NoHo Arts District, with restaurants, entertainment, shopping, and cultural attractions in the surrounding area. Access to the Metro B Line, Hollywood Burbank Airport, and the 170 and 101 freeways connects the site with Burbank, Studio City, Toluca Lake, and greater Los Angeles.
The 2018 construction, three-bedroom configuration across all four units, and attached garages define the property’s residential setup. Pro forma figures include a 4.9% capitalization rate and a 14.39 gross rent multiplier.
Key Highlights
- Four three‑bedroom units: three with 2 bathrooms and one with 2.5 bathrooms
- Built in 2018 on a 6,972‑square‑foot lot
- Each residence has an attached garage; 8 parking spaces total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,660
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,200
$1.6M
Cap Rate 7%
$1,166,571
$1.2M
Cap Rate 9%
$907,333
$907.3K
Market Conditions
NOI Build-Up for 4,676 SF
Gross rent
$126.3K $27.00/SF
− Vacancy
−$9.6K −$2.05/SF
EGI
$116.7K $24.95/SF
− OpEx
−$35.0K −$7.48/SF
NOI
$81.7K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,200
Cap Rate 7%
$1,166,571
Cap Rate 9%
$907,333
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,660 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$1.07M
$940.5K – $1.25M
NOI $75,241 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,246 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,155
Businesses Nearby
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Contemporary residences pair three-bedroom layouts with attached garages, in-unit laundry, and central heating and air conditioning.
Where is this quadplex located?
The property is located at 5753 Case Ave North Hollywood, CA.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: Four three‑bedroom units: three with 2 bathrooms and one with 2.5 bathrooms; Built in 2018 on a 6,972‑square‑foot lot; Each residence has an attached garage; 8 parking spaces total
