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.
Property Details
Price:
$2,499,000
MLS #:
24431051
Status:
Pending
Baths:
0
Address:
11751 Hart Street
Type:
Residential Income
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Aug 22, 2024
State:
CA
ZIP:
91605
Lot Size:
10,965 sqft / 0.25 acres (approx)
Year Built:
1964
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Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
Assigned
Parking Spots
11.00
Stories Total
2
Financial
Map
Community
- Address11751 Hart Street North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91605
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Courtesy of Remax Commercial and Investment Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
11751 Hart Street
North Hollywood, CA
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