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5431 Cartwright Ave, North Hollywood, CA, 91601

5beds
3baths
1,890sqft
$1,089,000
$576price/sqft
$7,191/moest. monthly cost
$287,640/yrincome needed

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.

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

8/10
7/10
3/10

Construction

Condition

  • Year built: 1948

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Washer
  • Laundry features: Washer Hookup,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Cooling

  • Cooling features: Central Air

Features

  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 1,890
  • Total interior livable area: 1,890 sqft

Property

Details

  • Parcel number: 2416016019
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Fencing: Average Condition

Lot

  • Lot size: 5,855 sqft
  • Features: 0-1 Unit/Acre,Front Yard

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage,Gated
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,506$66,072
Home Insurance *$182$2,184
Property Taxes $1,098$13,176
Electricity $405$4,863
Total$7,191$86,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$246,548/yr
40% on housing$215,730/yr
45% on housing$191,760/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$576This listing

vs Other Active Listings

Avg $/sqft

ZIP 91601$543
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 91601$735
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-18Listed for sale$1,125,000
2023-08-22Sold$1,030,000
2023-07-28Contingent$999,999
2023-07-19Listed for sale$999,999

For Sale by Agent

AgentMAY KUNKA
BrokerageCompass

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