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11751 Hart St
North Hollywood, CA 91605

$2,499,000 USD

Apartments For Sale  •  14,051 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,051 SF
  • Lot Size 0.25 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 6.10 %
  • Zoning R3
53 Transit Score
70 Walk Score

Highlights

Great Unit Mix Comprised of 9 (2 bed + 2 bath) / 2 (1 bed + 1 bath) Units
Soft-Story Seismic Rertrofit Completed in 2020
Conveniently Located Within Minutes to the 170, 134 and 5 Freeways
Gentrifying Location with Major Corporations and Shopping Centers Being Established (NOHO West, Target, Starbucks, Trader Joe's)
First Time on the Market in Almost 20 Years

Financial Summary (Actual)

Net Operating Income: $152,472 USD (2024)
Cap Rate: 6.10 %
Total Expenses: $101,231 USD

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.5 mi
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.9 mi
AirportDriveWalkDistance
Bob Hope 4 min - 2.0 mi
Los Angeles International 36 min - 24.9 mi
Long Beach (Daugherty Field) 50 min - 37.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Luis Morales 213-233-4392 RE/MAX Commercial & Investment Realty
Luis Morales 213-233-4392 RE/MAX Commercial & Investment Realty