5431 Cartwright Ave North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated payment $7,116/month
Highlights
- Gated Parking
- Laundry Room
- 2 Car Garage
- Toluca Lake Elementary School Rated A-
- Central Air
- Bike Trail
About This Home
Located in the heart of North Hollywood’s vibrant Arts District, this well-maintained duplex presents an exceptional opportunity for both investors and owner-users alike. The property features two thoughtfully configured units with updated interiors, including renovated kitchens and bathrooms, offering comfortable living spaces that appeal to today’s tenants and buyers. Larger 3 bed and 2 bath back unit will be DELIVERED VACANT at closing, providing immediate flexibility for an owner-occupant to move in or for an investor to lease at current market rents and maximize income potential. The gated property also includes a detached two-car garage and outdoor space, adding convenience and additional value. Ideally situated near studios, transit, dining, and entertainment, the property is also just moments from the popular Chandler Bikeway — a scenic local trail perfect for biking, jogging, and enjoying the neighborhood’s outdoor lifestyle — further enhancing its appeal in one of the San Fernando Valley’s most sought-after neighborhoods.
Listing Agent
Compass Brokerage Phone: 626-202-6030 License #01782069 Listed on: 02/18/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 5,855 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in average condition
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Driveway
- Gated Parking
Home Design
- Duplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 1,890 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer
Utilities
- Central Air
Listing and Financial Details
- Legal Lot and Block 8 / 4
- Tax Tract Number 10203
- Assessor Parcel Number 2416016019
- $378 per year additional tax assessments
Community Details
Overview
- 2 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Other Expense $60
- Trash Expense $1,200
- Water Sewer Expense $1,800
- Operating Expense $5,500
- Net Operating Income $1,598
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,678 | $1,050,600 | $816,000 | $234,600 |
| 2024 | $12,678 | $1,030,000 | $800,000 | $230,000 |
| 2023 | $3,116 | $239,996 | $101,146 | $138,850 |
| 2022 | $2,976 | $235,291 | $99,163 | $136,128 |
| 2021 | $2,930 | $230,678 | $97,219 | $133,459 |
| 2019 | $2,844 | $223,838 | $94,337 | $129,501 |
| 2018 | $2,741 | $219,450 | $92,488 | $126,962 |
| 2016 | $2,599 | $210,931 | $88,898 | $122,033 |
| 2015 | $2,562 | $207,763 | $87,563 | $120,200 |
| 2014 | $2,581 | $203,694 | $85,848 | $117,846 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/18/2026 02/18/26 | For Sale | $1,125,000 | +9.2% | $595 / Sq Ft | |
| 08/22/2023 08/22/23 | Sold | $1,030,000 | +3.0% | $545 / Sq Ft | View Prior Sale |
| 08/22/2023 08/22/23 | Price Changed | $999,999 | -2.9% | $529 / Sq Ft | |
| 07/31/2023 07/31/23 | Price Changed | $1,029,920 | +3.0% | $545 / Sq Ft | |
| 07/19/2023 07/19/23 | For Sale | $999,999 | -- | $529 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,030,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | Stewart Title | |
| Grant Deed | -- | Stewart Title | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $824,000 | New Conventional | |
| Previous Owner | $75,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26036760
APN: 2416-016-019
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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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