CA > North Hollywood
North Hollywood, CA 91605,11751 Hart ST
North Hollywood, CA 91605,11751 Hart ST
North Hollywood, CA 91605,11751 Hart ST
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Diego Magdaleno

Diego Magdaleno

+1(714) 681-1222
$2,499,000
Est. payment /mo
20 Beds
20 Baths
10,350 SqFt
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UPDATED:

09/30/2024 06:16 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 10,350 sqft

Price per Sqft $241

MLS Listing ID 24431051

Bedrooms 20

HOA Y/N No

Year Built 1964

Lot Size 0.252 Acres

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 6.10% and a GRM of 9.55, this highly sought-after investment presents a rare opportunity to capitalize on the market's potential. ALL OFFERS MUST BE SUBMITTED WITH POF AND ARE DUE FRIDAY, AUGUST 30TH, BY 2 PM.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Garage Assigned

Total Parking Spaces 11

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2321007032

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Enrique Viramontes • Remax Commercial and Investment Realty
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