Seller's Agent in 2025
Oliver Thornton
Hollywood Estates
(310) 704-1794
57 Total Sales
5651 Case Ave North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated Value: $1,867,000 - $3,911,000
0.16
Acre
$18,779,451
Price per Acre
6,984
Sq Ft Lot
Highlights
- No HOA
- Neighborhood Views
- Level Lot
About This Lot
As of October 2023ELIGIBLE FOR 100% BONUS DEPRECIATION WITH ESTIMATED YEAR 1 FEDERAL TAX DEDUCTIONS OF APPROXIMATELY $193,000, VERIFIED BY A LEGITIMATE COST SEGREGATION EXPERT! NO RENT CONTROL VIA SB-8 EXEMPT STATUS AND FULLY STABILIZED/RENTED OUT AT $24,100/MONTH! Welcome to "The Case V", a brand-new and FULLY STABILIZED 2025 townhome-style apartment building situated in the heart of the North Hollywood Arts District, adjacent to Toluca Lake. Built with a Senate Bill 8 exemption, this property is not subject to radical Los Angeles rent control, making it an exceptional investment opportunity. The property consists of four units plus an ADU, totaling 9,127 square feet on a spacious 7,000-square-foot lot. The well-designed unit mix includes two 5-bedroom, 4-bathroom units, one 3-bedroom, 3.5-bathroom ADU, and one 5-bedroom, 5-bathroom unit. Each unit features in-unit washer and dryer, hardwood floors, stainless steel appliances, and recessed lighting, offering residents a luxurious and modern living experience. Listed at just $3,995,000, this turnkey investment delivers an ACTUAL 5.6% CAP rate in a prime location with many other new construction properties on the same street. Built with class and elegance by Thornton Development Group, this property showcases high-end finishes and meticulous craftsmanship. Nestled in a quiet residential neighborhood surrounded by newly constructed homes, 5651 Case Ave offers the perfect balance of tranquility and accessibility. Residents will enjoy close proximity to the vibrant energy of the North Hollywood Arts District and the prestige of Toluca Lake. Don't miss out on this exceptional investment opportunity to secure your place in one of Los Angeles' most sought-after rental markets today! Request OM from the listing agent.
Last Agent to Sell the Property
Myunits.com Inc. License #01921425 Listed on: 10/12/2023
Property Details
Property Type
- Land
Lot Details
- 6,984 Sq Ft Lot
- Level Lot
- Property is zoned LARD1.5
Property Views
- Neighborhood Views
Listing and Financial Details
- Tax Lot 57
- Tax Tract Number 6345
- Assessor Parcel Number 2337029017
- $249 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2023
Closed on
Sep 28, 2023
Sold by
Century Realty Investment Llc
Bought by
Thornton Holdings Llc
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
List Price
$1,495,000
Sold Price
$1,495,000
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,515,346
Avg. Annual Appreciation
35.21%
Original Mortgage
$2,787,000
Outstanding Balance
$2,723,208
Interest Rate
7.23%
Mortgage Type
Construction
Estimated Equity
$287,138
Purchase Details
Closed on
Feb 22, 2023
Sold by
Hashemiye Pooya
Bought by
Century Realty Investment Llc
Purchase Details
Listed on
Sep 7, 2022
Closed on
Sep 9, 2022
Sold by
Coddington Robert and Fournier Jennifer
Bought by
Hashemiye Pooya
Seller's Agent
Missy Improta
eXp Realty of Greater Los Angeles
Buyer's Agent
Elizabeth Maddox
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.38%
Purchase Details
Closed on
Jul 12, 2010
Sold by
Best Deal Properties Inc
Bought by
Coddington Robert and Fournier Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,685
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
May 25, 2010
Sold by
Hunter Douglas M
Bought by
Best Deal Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,685
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
May 12, 2010
Sold by
Pettit Michael J
Bought by
Hunter Douglas M
Purchase Details
Closed on
Nov 16, 2005
Sold by
Fink Rodney A
Bought by
Pettit Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 13, 2004
Sold by
Cruz Paul
Bought by
Fink Rodney A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 9, 1993
Sold by
Robertson Larry Dwight and Kolakosky Mary
Bought by
Fink Rodney A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,400
Interest Rate
7.28%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thornton Holdings Llc | $1,495,000 | Provident Title Company | |
| Century Realty Investment Llc | -- | None Listed On Document | |
| Hashemiye Pooya | $1,200,000 | Lawyers Title | |
| Coddington Robert | $400,000 | Progressive Title Company | |
| Best Deal Properties Inc | -- | None Available | |
| Hunter Douglas M | $280,000 | Lawyers Title | |
| Pettit Michael J | $551,000 | Equity Title Company | |
| Fink Rodney A | -- | Multiple | |
| Fink Rodney A | $135,000 | Gateway Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thornton Holdings Llc | $2,787,000 | |
| Previous Owner | Coddington Robert | $394,685 | |
| Previous Owner | Pettit Michael J | $440,800 | |
| Previous Owner | Fink Rodney A | $154,000 | |
| Previous Owner | Fink Rodney A | $121,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $3,995,000 | +167.2% | $438 / Sq Ft | |
| 10/12/2023 10/12/23 | Sold | $1,495,000 | 0.0% | $931 / Sq Ft | |
| 10/12/2023 10/12/23 | Pending | -- | -- | -- | |
| 10/12/2023 10/12/23 | For Sale | $1,495,000 | +24.6% | $931 / Sq Ft | |
| 09/23/2022 09/23/22 | Sold | $1,200,000 | 0.0% | $748 / Sq Ft | View Prior Sale |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- | |
| 09/07/2022 09/07/22 | For Sale | $1,200,000 | -- | $748 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,191 | $1,524,900 | $1,122,000 | $402,900 |
| 2024 | $18,191 | $1,495,000 | $1,100,000 | $395,000 |
| 2023 | $14,648 | $1,200,000 | $960,000 | $240,000 |
| 2022 | $6,186 | $516,343 | $271,755 | $244,588 |
| 2021 | $6,104 | $506,220 | $266,427 | $239,793 |
| 2019 | $5,920 | $491,208 | $258,526 | $232,682 |
| 2018 | $5,861 | $481,577 | $253,457 | $228,120 |
| 2016 | $5,591 | $462,879 | $243,616 | $219,263 |
| 2015 | $5,509 | $455,927 | $239,957 | $215,970 |
| 2014 | $5,531 | $446,997 | $235,257 | $211,740 |
Source: Public Records
Agents Affiliated with this Home
-
Oliver Thornton
-
Elizabeth Maddox
Seller's Agent in 2023
Elizabeth Maddox
Myunits.com Inc.
(818) 850-8485
23 in this area
101 Total Sales
-
Missy Improta
Seller's Agent in 2022
Missy Improta
eXp Realty of Greater Los Angeles
(310) 597-1914
1 in this area
87 Total Sales
-
Jason Improta
Seller Co-Listing Agent in 2022
Jason Improta
eXp Realty of Greater Los Angeles
(310) 597-1915
1 in this area
81 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23190759
APN: 2337-029-017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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