$1,799,999
FOR SALEActive11421 Tiara Street
North Hollywood CA 91601
5,210
SF
Multi-Family
Type
1957
Built
$345/SF
Cost/SF
Listing Agent
Wesley Edberg
DRE #: 01952052
Brokerage: Equity Union
Location Analysis
About This Property
Outstanding investment opportunity in North Hollywood featuring 8 units with a desirable unit mix of one 3-bedroom, 2-bathroom unit and seven 1-bedroom, 1-bathroom units. Offered at an attractive 4.8% cap rate, this income-producing property provides strong rental demand and long-term upside potential. Conveniently located just minutes from NOHO West's shopping, dining, entertainment, and fitness options, as well as easy access to the 170, 101, and 405 Freeways. A rare chance to acquire a well-located multifamily asset in one of the San Fernando Valley's most sought-after rental markets.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.1615 acres
Lot Size
8
Total Units
5,210 SF
Square Footage
$345.49/SF
Price per SF
4.80%
Cap Rate
$109K
NOI
$22,500
Annual Tax
1,957
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
4.8% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
4.80%
Cap Rate
$108,806
NOI
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Closed commercial sales reported, newest first.