Property
Listing Agent: James Antonucci (DRE #01822661) · Listing Office: Keller Williams Realty-Studio City · Contact: 818-381-6601 · Bought with: James Antonucci · Keller Williams Realty-Studio City · MLS #SR24219067 · Source: CRMLS
11966 Saticoy Street, a Prime North Hollywood Investment Opportunity! This multi-unit property offers an excellent mix of Bungalow Style Units with 4 Bedroom and two bath house divided into Two Bedroom and One Bath Units (One Non-Conforming), a Three Bedroom and One Bathhouse, and 5 One Bedroom and One Bath Houses. There's ADU potential for added value with a spacious lot of approximately 37,453 sq. ft.. The property includes on-site parking with storage and on-site laundry, and each unit is individually metered for gas and electricity—maximizing cash flow and rental upside. Located in a sought-after neighborhood, it's within walking distance to public transit and shopping, with easy access to CA-170 and I-5 freeways. Plus, you're just minutes from Burbank Airport, making this location incredibly convenient for tenants. An ideal investment for those looking to capitalize on rental growth and development opportunities.
Listing description from the March 2025 sale, as reported to CRMLS.