Modern Fourplex with Private
New
For Sale
$2,299,000
5753 Case Ave, North Hollywood, CA 91601
Residential Income, Modern, North Hollywood, CA
Property Size4,676 SF
Lot Size0.16 Acres
Price / SF$491.66
Days on Market3
Property Features for 5753 Case Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD1.5
Bedrooms
12
Bathrooms
9
Full bathrooms
9
Rooms
Bedroom 8, Bathroom 4, Bedroom 1, Bathroom 6, Bathroom 8, Bedroom 5, Bedroom 9, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 11, Bedroom 10, Bathroom 2, Bedroom 2, Bathroom 9, Bedroom 6, Bathroom 7, Bedroom 7, Bathroom 3, Bathroom 5, Bedroom 12
Parking features
Garage
View
City
Directions
170 freeway, E on Burbank Blvd., N on Case Ave.
Subdivision
North Hollywood
Standard status
Active
APN
2337-028-017
Size
4,676 SF
Lot size
0.16 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
vaulted ceilings
wood-style flooring
gourmet kitchens
stainless steel appliances
central heating and air conditioning
in-unit washers and dryers
Building Details
Year built
2018
Floors in Building
2
Number of units
4
Architectural style
Modern
Listing Agency:
The Collective Realty
(310) 569-1335
Listed By:
Will Tiao · License #01918965
(323) 363-1096
Added: Oct 16
Changed: Oct 17
Last Checked: Oct 18 at 12:06PM
MLS# 26996941
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2018, this four-unit residential property contains three three-bedroom, two-bathroom residences and one three-bedroom, two-and-a-half-bathroom residence. Each unit has an attached garage, with eight parking spaces across the property. Interiors include vaulted ceilings, wood-style flooring, stainless steel kitchen appliances, central heating and air conditioning, and in-unit laundry. The property occupies a 0.1601-acre lot and is zoned LARD1.5.
Three residences are occupied; the remaining unit will be delivered vacant. The property is near the NoHo Arts District, with restaurants, entertainment, shopping, and cultural attractions in the area. Access to the Metro B Line, Hollywood Burbank Airport, and the 170 and 101 freeways connects the property with Burbank, Studio City, Toluca Lake, and the wider Los Angeles area.
Three residences are occupied; the remaining unit will be delivered vacant. The property is near the NoHo Arts District, with restaurants, entertainment, shopping, and cultural attractions in the area. Access to the Metro B Line, Hollywood Burbank Airport, and the 170 and 101 freeways connects the property with Burbank, Studio City, Toluca Lake, and the wider Los Angeles area.
Key Highlights
- Four‑unit property built in 2018
- Unit mix: three 3‑bedroom/2‑bath residences and one 3‑bedroom/2.5‑bath residence
- Three units occupied; one unit delivered vacant
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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Property Analytics
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Current Use
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Three residences are occupied, while the fourth will be delivered vacant for leasing or owner occupancy.
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‑unit property built in 2018; Unit mix: three 3‑bedroom/2‑bath residences and one 3‑bedroom/2.5‑bath residence; Three units occupied; one unit delivered vacant
