5263 Cartwright Ave North Hollywood, CA 91601
North Hollywood Neighborhood
14
Beds
14
Baths
7,892
Sq Ft
6,758
Sq Ft Lot
Highlights
- New Construction
- Open Floorplan
- No HOA
- City Lights View
- Modern Architecture
- Double Pane Windows
About This Home
As of August 20255263 Cartwright Ave is a brand-new, luxury fourplex plus adu 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 provides peace of mind. Plus, with 8 parking spots and 2 bonus spaces, it checks every box for a premium rental.
Don’t miss the chance to own a high-yield, low-maintenance asset in one of LA’s most charming and in-demand neighborhoods.
Last Agent to Sell the Property
Myunits.com Inc. Brokerage Phone: 805-973-7470 License #02064825 Listed on: 03/25/2025
Last Buyer's Agent
Myunits.com Inc. Brokerage Phone: 805-973-7470 License #02064825 Listed on: 03/25/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $37,781
Year Built
- Built in 2025 | New Construction
Lot Details
- 6,758 Sq Ft Lot
- No Common Walls
- Landscaped
Parking
- 2 Car Garage
- 4 Open Parking Spaces
- 4 Carport Spaces
- Parking Available
Property Views
- City Lights
- Neighborhood
Home Design
- Modern Architecture
Interior Spaces
- 7,892 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Recessed Lighting
- Double Pane Windows
Kitchen
- Electric Oven
- Gas Range
- Microwave
- Dishwasher
- Instant Hot Water
Bedrooms and Bathrooms
- 14 Bedrooms
- 14 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 106
- Tax Tract Number 125
- Assessor Parcel Number 2416026014
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 6 Separate Water Meters
- Electric Expense $1,000
- Gardener Expense $1,200
- Insurance Expense $7,103
- Maintenance Expense $2,000
- New Taxes Expense $35,970
- Operating Expense $47,273
- Gross Income $249,600
- Net Operating Income $192,343
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2025
Closed on
Aug 4, 2025
Sold by
Mamoun Michael Mounir and Mamoun Ghada F
Bought by
Mamoun Revocable Trust and Mamoun
Seller's Agent
Cheyenne Womack
Myunits.com Inc.
Buyer's Agent
Cheyenne Womack
Myunits.com Inc.
List Price
$3,150,000
Sold Price
$2,900,000
Premium/Discount to List
-$250,000
-7.94%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
224.05%
Purchase Details
Closed on
May 21, 2025
Sold by
5263 Cartwright Noho Llc and Roark Development Llc
Bought by
Mamoun Michael Mounir and Mamoun Ghada F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,595,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2021
Sold by
5263 Cartwright Noho Llc
Bought by
Roark Development Llc
Purchase Details
Listed on
Jul 6, 2018
Closed on
Jul 27, 2018
Sold by
Hall Adam David and Hall Zachary James
Bought by
5263 Cartwright Noho Llc
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Michael Moran
No Firm Affiliation
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%
Purchase Details
Listed on
Apr 18, 2012
Closed on
Jun 15, 2012
Sold by
Jimenez Edgar and Gingold Dylan
Bought by
Hall Adam David and Hall Zachary James
Seller's Agent
Amerigo Furlan
If Realty
Buyer's Agent
Amerigo Furlan
If Realty
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.33%
Purchase Details
Closed on
Apr 26, 2002
Sold by
Turner Josephine and Turner Frank
Bought by
Jimenez Edgar and Gingold Dylan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,811
Interest Rate
6.83%
Mortgage Type
FHA
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | North American Title Co | |
| Grant Deed | $950,000 | Lawyers Title Company | |
| Grant Deed | $250,000 | Advantage Title Inc | |
| Grant Deed | $177,500 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,880,000 | Construction | |
| Previous Owner | $617,500 | Commercial | |
| Previous Owner | $574,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $193,500 | Unknown | |
| Previous Owner | $15,500 | Credit Line Revolving | |
| Previous Owner | $196,811 | FHA | |
| Closed | $6,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | $2,900,000 | -3.3% | $367 / Sq Ft |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 05/10/2025 05/10/25 | Price Changed | $2,999,000 | -1.7% | $380 / Sq Ft |
| 04/24/2025 04/24/25 | Price Changed | $3,050,000 | -3.2% | $386 / Sq Ft |
| 03/25/2025 03/25/25 | For Sale | $3,150,000 | +231.6% | $399 / Sq Ft |
| 08/06/2018 08/06/18 | Sold | $950,000 | +5.7% | $750 / Sq Ft |
| 07/12/2018 07/12/18 | Pending | -- | -- | -- |
| 07/06/2018 07/06/18 | For Sale | $899,000 | +259.6% | $710 / Sq Ft |
| 06/21/2012 06/21/12 | Sold | $250,000 | -13.5% | $197 / Sq Ft |
| 05/04/2012 05/04/12 | Pending | -- | -- | -- |
| 04/18/2012 04/18/12 | For Sale | $289,000 | -- | $228 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,603 | $1,756,205 | $1,283,326 | $472,879 |
| 2024 | $20,603 | $1,706,182 | $1,233,495 | $472,687 |
| 2023 | $20,598 | $1,706,182 | $1,233,495 | $472,687 |
| 2022 | $16,245 | $1,382,656 | $998,618 | $384,038 |
| 2021 | $11,635 | $979,038 | $979,038 | $0 |
| 2019 | $11,421 | $950,000 | $760,000 | $190,000 |
| 2018 | $3,794 | $303,571 | $220,780 | $82,791 |
| 2016 | $3,618 | $291,784 | $212,207 | $79,577 |
| 2015 | $3,567 | $287,402 | $209,020 | $78,382 |
| 2014 | $3,586 | $281,773 | $204,926 | $76,847 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Cheyenne Womack
Myunits.com Inc.
(805) 973-7470
1 in this area
5 Total Sales
-
Seller Co-Listing Agent in 2025
Lauren Cearley
Myunits.com Inc.
(213) 302-8662
1 in this area
4 Total Sales
-
D
Seller's Agent in 2018
David Fogg
Keller Williams Realty World Media Center
-
M
Buyer's Agent in 2018
Michael Moran
No Firm Affiliation
-
A
Seller's Agent in 2012
Amerigo Furlan
If Realty
(310) 836-4663
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25064254
APN: 2416-026-014
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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