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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Richard Piscani

Richard Piscani

+1(818) 802-7620
$2,499,000
Est. payment /mo
20 Beds
20 Baths
10,350 SqFt
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UPDATED:

09/13/2024 08:58 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 10,350 sqft

Price per Sqft $241

MLS Listing ID 24-431051

Bedrooms 20

Year Built 1964

Lot Size 0.252 Acres

Acres 0.2518

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 North Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment None

Exterior

Garage Assigned

Garage Spaces 11.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty

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Richard Piscani

+1(818) 802-7620

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