North Hollywood, CA 91605,11751 Hart St
North Hollywood, CA 91605,11751 Hart St
North Hollywood, CA 91605,11751 Hart St
10
$2,400,000
$2,400,000
Est.Price: ?

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20 BD
20 BA
10,350 SqFt

11751 Hart St North Hollywood, CA 91605

Est. payment /mo
SOLD DATE : 02/25/2025

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Key Details

Sold Price $2,400,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,350 sqft

Price per Sqft $231

MLS Listing ID 24-431051

Sold Date 02/25/25

Bedrooms 20

Year Built 1964

Lot Size 0.252 Acres

Acres 0.2518

Property Sub-Type Multi-Family

Property Description

We are pleased to present the exclusive sale of the Hart Street Apartments, a remarkable multi-unit property boasting an impressive 11 units. Featuring a desirable mix of 9 spacious two-bedroom, two-bath apartments and 2 one-bedroom, one-bath units, this offering presents an exceptional investment opportunity. Hitting the market for the first time in nearly two decades, this meticulously maintained property showcases impeccable upkeep throughout the owner's tenure. The recently refreshed front landscaping enhances the property's already captivating curb appeal, while tenant amenities such as an on-site laundry room, secure parking with dedicated spaces, completed soft-story retrofit with compliance certification, and secured entry provide added convenience and peace of mind. Ideally situated in a thriving area that has attracted numerous notable corporations, including Target, NoHo West, Starbucks, and Trader Joe's, this property offers unparalleled accessibility to supermarkets, fitness centers, public transportation, hospitals, and schools. With an incredible "TRUE" cap rate of 7.17% and a GRM of 8.75, this highly sought-after investment presents a rare opportunity to capitalize on the market's potential. ALL

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment None

Exterior

Parking Features Assigned

Garage Spaces 11.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Bought with Remax Commercial and Investment Realty

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agent

Asianna Joyce

Agent | License ID: 02204089

+1(310) 717-8030

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