Joe Cloninger

Partner, Sales/Marketing License ID: 01954784

GET MORE INFORMATION

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 1,650,000

$ 1,725,000 4.3%

Est. payment | -/mo

11 Beds

8 Baths

5,452 SqFt

$ 1,650,000

$ 1,725,000 4.3%

Est. payment | -/mo

11 Beds

8 Baths

5,452 SqFt

Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,452 sqft

Price per Sqft $302

MLS Listing ID 26651469

Sold Date 08/05/26

Bedrooms 11

Year Built 1965

Lot Size 7,098 Sqft

Acres 0.1629

Property Sub-Type Multi-Family

Property Description

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.

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

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap
Bought with Marcus & Millichap