North Hollywood, CA 91601,11447 Tiara St #1
North Hollywood, CA 91601,11447 Tiara St #1
North Hollywood, CA 91601,11447 Tiara St #1
16
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$1,475,000
Est. payment /mo
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10 Beds
9 Baths
5,210 SqFt
Active

11447 Tiara St #1 North Hollywood, CA 91601

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,210 sqft

Price per Sqft $283

MLS Listing ID 25625857

Bedrooms 10

Year Built 1957

Lot Size 7,039 Sqft

Acres 0.1616

Property Sub-Type Multi-Family

Property Description

11447 Tiara St presents an attractive eight-unit multifamily investment opportunity located in the highly desirable North Hollywood 91601 submarket. Built in 1957, this 5,210 SF, two-story property sits on a 7,037 SF lot and is zoned LAR3. The asset offers stable in-place income with meaningful pro forma upside, supported by a strong rent-to-market gap and 100% occupancy at the time of underwriting. The property benefits from six on-site parking spaces, separately metered gas and electric, and updated unit interiors featuring modern kitchens, bathrooms, flooring, and in-unit laundry in select units, driving tenant retention and rent growth. Ideally positioned just south of the North Hollywood Metro Station and in the heart of the NoHo Arts District, the asset offers tenants walkable access to dining, entertainment, and employment hubs, while providing investors with strong long-term tenant demand, ADU or redevelopment optionality under LAR3 zoning (buyer to verify), and multiple executable paths to grow NOI and long-term equity.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Tony Azzi

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Herman Singh

Herman Singh

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+1(718) 679-7822

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11447 Tiara St #1