11421 Tiara Street, North Hollywood, CA 91601

$1,799,999

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List Price
$1,799,999
Status
ACTIVE
MLS#
SR26121134
Year Built
1957
Lot Size
7,036
Acres
0.16
Lot Location
6-10 Units/Acre
Days on Market
60
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Outstanding investment opportunity in North Hollywood featuring 8 units with a desirable unit mix of one 3-bedroom, 2-bathroom unit and seven 1-bedroom, 1-bathroom units. Offered at an attractive 4.8% cap rate, this income-producing property provides strong rental demand and long-term upside potential. Conveniently located just minutes from NOHO West's shopping, dining, entertainment, and fitness options, as well as easy access to the 170, 101, and 405 Freeways. A rare chance to acquire a well-located multifamily asset in one of the San Fernando Valley's most sought-after rental markets.

Additional Information

Taxes
$22,500
Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$150,684
Operating Expense
41878

Listing courtesy of Listing Agent: Dennis Chernov (dennis@chernovteam.com) from Listing Office: Equity Union.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.