Property Details
About this Property
5263 Cartwright Ave is a brand-new, luxury 5-unit in the coveted Toluca Woods enclave—an 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. It’s located in a designated Opportunity Zone and delivers a projected 6.41% cap rate—an 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 brunch—this 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 builder’s warranty pr
MLS Listing Information
MLS #
CRBB25064254
MLS Source
California Regional MLS
Days on Site
49
Interior Features
Appliances
Dishwasher, Microwave, Other, Oven - Electric, Oven Range - Gas, Dryer, Washer
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Carport, Garage, Other, Garage: 2 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Cheyenne Womack
Myunits.com Inc.
License #: 02064825
Phone: (805) 973-7470
Co-Listing Agent
Lauren Cearley
License #: 02146823
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5263 Cartwright Ave is a Residential Income in North Hollywood, CA 91601. This – square foot property sits on a 6,758 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,999,000 and was built in 2025. This address can also be written as 5263 Cartwright Ave, North Hollywood, CA 91601.
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This listing information is up-to-date as of May 10, 2025. For the most current information, please contact Cheyenne Womack, (805) 973-7470
