11751 Hart Street North Hollywood, CA 91605
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 TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site35 Days
- MLS StatusPending
- MLS ID Number24431051
- Home Size Source N/A
- Year Built1964
- Lot Size0.2517 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Assigned
- Parking Spaces 11
- Number of Stories 22
- Acreage 0.2517
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Heating Wall Furnace
Community Features
- Senior Community No
- MLS Area NHO - North Hollywood