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Ian Michael

admin@luxurela.com +1(714) 723-1545

$ 2,195,000

Est. payment | -/mo

14 Beds

13 Baths

7,744 SqFt

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$ 2,195,000

Est. payment | -/mo

Save Virtual Tour

14 Beds

13 Baths

7,744 SqFt

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,744 sqft

Price per Sqft $283

MLS Listing ID 26841001

Bedrooms 14

HOA Y/N No

Year Built 1963

Lot Size 0.267 Acres

Lot Dimensions Assessor

Property Description

** PRICE CORRECTION BY $200K - NOW $2,195,000 ** 10.57 GRM, 5.92% CAP RATE AND $283/SF ON DAY ONE. We are proud to present a compelling 8-unit investment opportunity on an oversized 11,627 SF lot in a Prime North Hollywood location just blocks to the NoHo Arts District Hot Spots and ~1 Mile from Toluca Lake. The property is offered for sale for the first time in ~40 Years! Situated at 11130 Huston Street, this stunning 1963 mid-century construction features a strong and desirable unit mix comprised of (1) 3 Bed / 2 Bath owner's unit, (4) 2 Bed / 2 Bath units, and (3) 1 Bed / 1 Bath units. The improvements total 7,744 SF and are located on an R3, Tier 3 TOC-zoned parcel, positioning the property for long-term density upside, redevelopment optionality, and accelerated appreciation (Buyer to verify feasibility).The oversized footprint and high-density zoning significantly differentiate this offering from competing assets in the submarket, making it a candidate for ADU development and future repositioning (Buyer to Verify). Tucked on a quiet, well-kept street yet steps from premier retail, dining, and entertainment, the property boasts a Walk Score of 91 ("Walker's Paradise"), a key driver of tenant demand and rent growth. This is a rare opportunity to acquire scale, land, and zoning leverage in one of Los Angeles' most desired and rent-resilient rental markets, offering investors immediate upside, multiple exit strategies, and long-term wealth creation potential.**DISCLOSURE:** Buyers are advised to conduct independent thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport, Garage

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2353020029

Special Listing Condition Standard

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Listed by Eric Dilanian Remax Commercial and Investment Realty #01951699

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 723-1545

admin@luxurela.com

50 Wilshire Blvd suite 203,, Beverly Hills, California 9021290212, USA

11130 Huston ST North Hollywood, CA 91601

Ian Michael

Key Details

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Interior

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Others

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11130 Huston ST