5618 Cartwright Ave Unit 2 Los Angeles, CA 91601
North Hollywood NeighborhoodEstimated payment $6,383/month
Highlights
- Traditional Architecture
- Bonus Room
- Two Homes on a Lot
- Wood Flooring
- No HOA
- 5-minute walk to Whitnall Off-Leash Dog Park
About This Home
Investor’s Dream or Perfect Owner-User Opportunity!
Unbelievable value – only $544,500 per home!
Whether you’re a first-time buyer looking to live in one home and rent the other, or an investor seeking steady income, this rare North Hollywood duplex is a golden opportunity you won’t want to miss. Ideally located just one block from Burbank, these two separate homes sit on a spacious 8,871 sqft lot with private fenced yards surrounded by trees and flowers — a serene retreat where you can enjoy nature year-round.
Property Highlights:
• 5618 Cartwright Ave – Built in 2006, no rent control on this 2-story home offers 3 bedrooms, 2 bathrooms, 1,254 sqft of living space, a spacious master suite, an open kitchen with dining area, laundry room, and an attached 2-car garage. Currently rented at $2,350/month with strong potential to increase to approx. $3,700/month at market rate.
• 5620 Cartwright Ave –Built in 1937, rent control. A one-story home offers 2 bedrooms, 2 bathrooms, 1,154 sqft of living space, a formal dining area, a large living room, a bonus room (possible 3rd bedroom), a laundry area, and an attached 2-car garage. Current rent: $ 2,000.00/month. Pro-forma estimate $ 3,500.00 if a new tenant move in. Total Pro-forma of 2 houses estimate $ 7,200.00@ month.
Additional Features:
• Separate yards with private fencing. •Tenants occupy both homes with no lease agreement, just month-to-month rent for both homes.
•Individual water, gas & electric meters — tenants pay their own utilities
•Combined rental potential of $7,200.00 per month if a new tenants move in.
•Prime location near studios, shopping, dining, and easy freeway access
•All this for just $1,089,000 total! A true North Hollywood gem with endless potential — act fast, this opportunity won’t last long!
Listing Agent
Rise Realty Brokerage Phone: 818-445-4220 License #01354205 Listed on: 09/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,971
Year Built
- Built in 1937
Lot Details
- 8,874 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Wire Fence
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Parking Available
- Garage Door Opener
Home Design
- Duplex
- Traditional Architecture
- Entry on the 1st floor
- Combination Foundation
- Shingle Roof
Interior Spaces
- 2,408 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Fireplace
- Family Room with Fireplace
- Living Room
- Dining Room with Fireplace
- Bonus Room
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Homes
- Two Homes on a Lot
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Connected
- TV Antenna
Listing and Financial Details
- Tax Lot 25
- Tax Tract Number 10182
- Assessor Parcel Number 2415022024
- $385 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,200
- Other Expense $6,971
- Operating Expense $9,171
- Net Operating Income $43,029
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 | $6,971 | $560,021 | $273,970 | $286,051 |
| 2024 | $6,971 | $549,042 | $268,599 | $280,443 |
| 2023 | $6,840 | $538,278 | $263,333 | $274,945 |
| 2022 | $6,528 | $527,724 | $258,170 | $269,554 |
| 2021 | $6,439 | $517,377 | $253,108 | $264,269 |
| 2020 | $6,500 | $512,073 | $250,513 | $261,560 |
| 2019 | $6,250 | $502,033 | $245,601 | $256,432 |
| 2018 | $6,144 | $492,190 | $240,786 | $251,404 |
| 2016 | $5,855 | $473,080 | $231,437 | $241,643 |
| 2015 | $5,771 | $465,975 | $227,961 | $238,014 |
| 2014 | $5,802 | $456,848 | $223,496 | $233,352 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2025 09/14/25 | For Sale | $1,089,000 | -- | $452 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $153,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25214765
APN: 2415-022-024
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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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