Pending

11751 Hart Street

North Hollywood CA, 91605

$2,499,000


$241.45 per sqft

Pending

20 Beds

20 Baths

10,350 sqft

Residential

Built in 1964

Listed by Enrique Viramontes with Remax Commercial and Investment Realty 213-233-4363

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.

24431051

MLS ID

August 22, 2024

Listed

September 13, 2024

Updated

Map

11751 Hart Street
North Hollywood CA, 91605

Interior Features

Total Stories

2


Bedrooms

20


Total Bathrooms

20


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.25 Acres

Other Property Details

Area Name

NHO - North Hollywood


Days on Market

22


Garage

No


Parking

Assigned


Parking Total

11


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listing History

Date

Event

Price

9/13/2024

Pending

Listing Contact: 213-817-1000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/13/2024 at 9:40 PM UTC

 

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