NOT LISTED FOR SALE

11243 Tiara St Los Angeles, CA 91601

North Hollywood Neighborhood
9 Beds
9 Baths
5,020 Sq Ft
7,001 Sq Ft Lot

Last Sold August 26, 2021

Last sale price $1,950,000 $388 Per Sq Ft

54 Days on Market

About This Home

As of August 2021

We are pleased to present for sale an 8 unit multifamily building located at11243 Tiara St. North Hollywood, CA 91601. Originally constructed in 1963, the 5,020 square foot property is situated on a 7,000 square foot lot. The soft story retrofitting was recently completed. Six of the apartments have been renovated and a new driveway was recently poured. The building contains on site laundry facilities providing some additional income for an investor.

Last Agent to Sell the Property

Joshua Luchs

Kidder Mathews of California, Inc. License #01845545 Listed on: 04/15/2021

Last Buyer's Agent

Joshua Luchs

Kidder Mathews of California, Inc. License #01845545 Listed on: 04/15/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,001 Sq Ft Lot

Interior Spaces

  • 5,020 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units
  • Vacancy Allowance $4,086

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 2337-011-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: We are pleased to present for sale an 8 unit multifamily building located at11243 Tiara St. North Hollywood, CA 91601. Originally constructed in 1963, the 5,020 square foot property is situated on a 7,000 square foot lot. The soft story retrofitting was recently completed. Six of the apartments have been renovated and a new driveway was recently poured. The building contains on site laundry facilities providing some additional income for an investor.
  • Living Area: 5020
  • Lot Acreage: 0.1607
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Bedrooms: 9
  • Total Bathrooms: 9.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 396.41

Exterior Features

  • Other Structures: None

Garage/Parking

  • Carport Spaces: 8
  • Parking Garage: Assigned, Covered Parking
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 69.84
  • Assessed Improvement Value: 309174
  • Assessed Land Percent: 30.16
  • Assessed Land Value: 133500
  • Total Assessed Value: 442674
  • Assessor Parcel Number: 2337-011-010
  • Lot Size Area: 7001

Rental Info

  • Total Actual Rent: 136212.00
  • Owner Pays: Water, Gardener

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.61
  • Number Of Units: 8
  • Total Annual Expense: 45035
  • Type Of Units: Multi Tenant
  • Vacancy Allow: 4086
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Range of Values:

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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
08/26/2021 08/26/21 Sold $1,950,000 -2.0% $388 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $1,990,000 -- $396 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joshua Luchs

    Seller's Agent in 2021

    Joshua Luchs

    Kidder Mathews of California, Inc.

    (818) 231-2477

    2 in this area

    8 Total Sales

    Joshua Luchs
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Map

Source: The MLS

MLS Number: 21-725874

The MLS
California Los Angeles County Los Angeles 91601 North Hollywood

11243 Tiara St, Los Angeles, CA

This home is located at 11243 Tiara St, Los Angeles, CA 91601 since 15 April 2021. This property was built in 1963. 11243 Tiara St is a home located in Los Angeles County with nearby schools including Maurice Sendak Elementary School, Roy Romer Middle School, and East Valley Senior High School.

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