11751 Hart Street
North Hollywood, CA 91605
10350 sqft | 20 beds | 0.25 acres | #24431051
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
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$2,499,000
- MLS #24431051
- MLS #24431051
- Cost2400000
- Acres0.2517
- Square Feet10350
- Year Built1964
- Bedrooms20
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Enrique Viramontes (#CLW-X76426)
Listing Office: Remax Commercial and Investment Realty (#CLW-X7538301)
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