$13,750,000

Estimated payment $90,715/month

Total Views 206
77 Beds
77 Baths
37,088 Sq Ft
$371 Price per Sq Ft

Highlights

  • Gated Parking
  • Subterranean Parking
  • Central Heating and Cooling System
  • 0.74 Acre Lot

About This Home

Offered for the first time in decades, 10933 Huston Street, a rare 40-unit multifamily investment opportunity in a prime North Hollywood location. Built in 1989, this property is not subject to LA City Rent Control (Only subject to CA State Rent Control AB 1482).Sold by the family of the original developer, this pride-of-ownership property has been meticulously maintained under long-term ownership and is now ready for its next chapter. With significant rental upside potential, the property offers investors the opportunity to modernize units and maximize returns in a submarket known for strong rental demand and continued growth.Ideally situated on a quiet tree-lined street, just east of Vineland, it is just minutes from the vibrant NoHo Arts District, Toluca Lake and Studio City. The property offers an exceptional blend of neighborhood charm and urban convenience. Tenants enjoy proximity to major employment centers, boutique shopping, trendy dining, and the North Hollywood Metro Station providing seamless access to the greater Los Angeles area via the Red Line and Orange Line Busway.The building features a desirable unit mix of 37 spacious 2-bedroom/2-bath units and 3 well-appointed 1-bedroom/1-bath units with central A/C & Heat, catering to a wide range of renters from professionals to families. Many of the Two bedroom units have dual master suite floorplans. There is also a Large Rec Room/Studio with potential to be converted to an ADU(Buyer to verify).Located near top-rated schools, community parks, and major freeways including the 101, 134 and 170, 10933 Huston St. is perfectly positioned in a high-demand rental corridor. With its unmatched location, proven stability, and clear value-add potential, this legacy asset is a must-see for investors seeking a foothold in the North Hollywood market.

Listing Agent

Brett Sanson

Marcus & Millichap License #01387480

Co-Listing Agent

Jeff Louks

Marcus & Millichap License #00908473

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 230x140

Interior Spaces

  • 37,088 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 77 Bedrooms
  • 77 Bathrooms

Parking

  • 77 Parking Spaces
  • Subterranean Parking
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • 40 Units

Listing and Financial Details

  • Assessor Parcel Number 2421-010-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 37088
  • Lot Acreage: 0.7394
  • Lot Dimensions: 230x140
  • Stories: 2
  • Year Built: 1989
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 77
  • Total Bathrooms: 77.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 370.74

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Subterranean, Gated
  • Total Parking: 77

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 75.37
  • Assessed Improvement Value: 4247972
  • Assessed Land Percent: 24.63
  • Assessed Land Value: 1387841
  • Total Assessed Value: 5635813
  • Assessor Parcel Number: 2421-010-025
  • Lot Size Area: 32209

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.23
  • Number Of Units: 40
  • Total Annual Expense: 428965
  • Type Of Units: 40
  • Vacancy Rate: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $13,750,000 0.0% $371 / Sq Ft
01/31/2025 01/31/25 For Rent $2,400 0.0% --
11/06/2023 11/06/23 Price Changed $2,400 +33.3% $2 / Sq Ft
11/02/2023 11/02/23 For Rent $1,800 -- --
Source: The MLS

Source: The MLS

MLS Number: 25542513

The MLS