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 7.17% and a GRM of 8.75, this highly sought-after investment presents a rare opportunity to capitalize on the market's potential. ALL
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$42,570
TurboHome Estimated Value
$2,619,000
$253 sqft
High Valuation
$2,749,950
$266/sqft
Normal Valuation
$2,619,000
$253/sqft
Low Valuation
$2,488,050
$240/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $253/sqft | $2,619,000 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: North Hollywood
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Comparative Value
$2.40M
$2.40M
11751 Hart St, North Hollywood, CA 91605
List Price: $2,400,000
Subject Property
11751 Hart St, North Hollywood, CA 91605
Sale Price: $2,400,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT11751 Hart St, North Hollywood, CA 91605
List: $2,400,000
Listed: 8/22/2024
Area:10,350 sqft
Price/sqft:$232
Beds:20
Baths:20
Year Built:—
Lot Size:10,965
Comparable Properties
COMPARABLEChoose comps
11751 Hart St, North Hollywood, CA 91605
Sale: $2,400,000
2/25/2025 • 0.00 mi
Area:10,350 sqft
Price/sqft:$232
Beds:20
Baths:20
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
11751 Hart St, North Hollywood, CA 91605 | $2,400,000 | 10,350 | $232 | 10,965 | — | 8/22/2024 | 20 | 20 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
11751 Hart St, North Hollywood, CA 91605 | $2,400,000 | 10,350 | $232 | 10,965 | 0.00 mi | 2/25/2025 | 20 | 20 | — | 100.0% |
Nearby Listings
1 similar properties within 5 miles
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