Listing Sold By:
Remax Commercial and Investment Realty
Local Realty Services Provided By:
Keller Williams Realty Studio City
Overview
What It'll Cost
Neighborhood
Similar Homes
$2,400,000
11751 Hart St, North Hollywood, CA 91605
20 Beds
20 Baths
10,350
sq ft
.25
ac
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$2,400,000
11751 Hart St, North Hollywood, CA 91605
Estimation provided by Keller Williams Realty Inc.
20 Beds
20 Baths
10,350
sq ft
.25
ac
Sold
Sold
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
Assessed Value is a combination of the land and additions.
2023
$23,829
(+4.68%)
$1,852,205
Land 1,158,982 +
Additions 693,223
2022
$22,763
(+1.42%)
$1,780,450
Land 1,113,978 +
Additions 666,472
2021
$22,444
(+2.96%)
$1,780,450
Land 1,113,978 +
Additions 666,472
2019
$21,798
(+24,513.47%)
$1,757,963
Land 1,102,556 +
Additions 655,407
2017
$88.56
$1,689,701
Land 1,038,965 +
Additions 617,605
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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