$2,499,000
11751 Hart Street North Hollywood (los Angeles), CA 91605
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$2,499,000
Est. payment /mo
10,350 SqFt
Pending
11751 Hart Street North Hollywood (los Angeles), CA 91605
UPDATED:
09/13/2024 11:23 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 10,350 sqft
Price per Sqft $241
MLS Listing ID CL24431051
HOA Y/N No
Year Built 1964
Lot Size 0.252 Acres
Acres 0.25
Property Description
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
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Type Assigned
Building
New Construction No
Others
Tax ID 2321007032
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Listed by Enrique Viramontes • Remax Commercial and Investment Realty
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