11275 Huston St,
North Hollywood, CA 91601
交易中 $1,725,000 ($172.5萬)
卧室: 11 浴室: / 其他類型
房屋信息

其他類型

5452平方英呎
(507平方米)

7098 平方英呎
(659平方米)

1965 年

0

2026年02月12日
已上市 131 天

地產編號: 26651469
所處郡縣: LA
面積單價:$316.40/sq.ft ($3,406 / 平方米)
房屋簡介

We are pleased to present an eight (8) unit apartment building located at 11275 Huston Street in North Hollywood, California. The subject property is located in a great North Hollywood location, west of Lankershim Boulevard and south of Magnolia Boulevard. Situated in a great North Hollywood location, the property features a desirable unit mix of five one-bedroom and three two-bedroom units, and two units will be delivered vacant, allowing market rents from day one. The offering provides a strong initial return at a 7.21% cap rate, complemented by great curb appeal, soft-story retrofit completion, and on-site tuck-under parking with an excellent opportunity for ADU conversion. The asset benefits from dominant access to major commercial corridors including Burbank, Lankershim, Vineland, and Tujunga Boulevards, as well as immediate connectivity to the 170 and 101 freeways. Tenants and visitors enjoy proximity to the North Hollywood Recreation Center, the North Hollywood Metro station, and the vibrant NoHo Arts District with theaters, cafes, restaurants, and nightlife. Overall, the property presents a compelling value-add opportunity through the ability to lease or renovate the vacant units and potentially convert the existing tuck-under parking into ADUs, all while benefiting from a strong in-place 7.21% cap rate that provides attractive initial cash flow.

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