5319 Cartwright Avenue

North Hollywood, CA 91601

**For Sale: Exceptional 9-Unit Building in North Hollywood - No RSO!**Introducing 5319 Cartwright, a beautifully designed 9-unit building located in the vibrant North Hollywood area. This property offers a fantastic investment opportunity with ample living space and modern amenities, perfect for both current tenants and future residents. This beautiful property was built in 1987 and is not subject to Los Angeles Rent Control (RSO). It is governed by California AB 1482. This provides an investor the option to increase rents up to 5% + CPI, with a cap of 10%. Translation... This is a great Investor-friendly latitude and rent growth potential.**Property Highlights:**- **9 Spacious Units:** Each unit is thoughtfully designed to maximize living space, providing comfort and functionality.- **Central HVAC:** All units are equipped with central heating and air conditioning for year-round comfort.- **Individual Water Heaters:** Each unit features its own water heater, ensuring convenience and efficiency for residents.- **Separate Utilities:** Enjoy separate electrical and gas meters for each unit, simplifying management and billing.- **On-Site Laundry Room:** A dedicated laundry room is available for residents, adding to the convenience of living in this building.Located in a desirable neighborhood, this property is not subject to rent control, making it an ideal investment for maximizing rental income. With its attractive design and functional features, 5319 Cartwright is a fantastic opportunity for savvy investors looking to expand their portfolio in North Hollywood.Don't miss out on this chance to own a well-maintained building in a thriving area! Contact us today for more information or to schedule a viewing.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.