NOT LISTED FOR SALE
14 Beds
14 Baths
7,352 Sq Ft
1987 Built

Last Sold March 28, 2018

Last sale price $2,708,000 $368 Per Sq Ft

66 Days on Market

Highlights

  • Property is near a park
  • Cooling System Mounted To A Wall/Window
  • Masonry wall
  • North Hollywood Senior High School Rated A
  • Laundry Room
  • Paved or Partially Paved Lot

About This Home

As of March 2018

11311 Huston street is a beautiful, well maintained 7 unit building on a lovely residential street close to freeways and parks. This coveted building has been managed and maintained and is fully leased up. The owner owns the laundry facility on site and each unit comes with two below grade parking spaces. All 7 units are 2 bedroom and 2 bath. Most units have upgraded wood floors, cabinetry and tile floors in kitchen and baths. Upper units have a loft space. This is a wonderful opportunity to own non rent controlled building in NOHO.

Last Agent to Sell the Property

Shelly Smith

Keller Williams Empire Estates License #01492153 Listed on: 11/14/2017

Keller Williams Empire Estates

Co-Listed By

Christine Haynes

First Team Real Estate License #01388320

Last Buyer's Agent

Shelly Smith

Keller Williams Empire Estates License #01492153 Listed on: 11/14/2017

Keller Williams Empire Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,101 Sq Ft Lot
  • No Common Walls
  • Masonry wall
  • Paved or Partially Paved Lot
  • Density is 6-10 Units/Acre

Parking

  • 14 Car Garage
  • 14 Carport Spaces

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 7,352 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 56
  • Tax Tract Number 5867
  • Assessor Parcel Number 2353015016

Community Details

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,524
  • Fuel Expense $1,370
  • Insurance Expense $864
  • Trash Expense $1,612
  • Water Sewer Expense $2,000
  • New Taxes Expense $30,000
  • Operating Expense $37,370
  • Gross Income $158,880
  • Net Operating Income $120,670

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

14

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Parcel Number: 2353015016
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 368.34

Exterior Features

  • Fence: Yes
  • Fencing: Masonry
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 14.00
  • Garage Spaces: 14.00
  • Total Parking Spaces: 28.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1612.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Near Public Transit, Park Nearby, Paved, Walkstreet
  • Lot Size: 7101
  • Lot Size Sq Ft: 7101.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1050 Square Feet
  • Electric Expense: 1524.00
  • Fuel Expense: 1370.00
  • Gross Income: 158880.00
  • Gross Scheduled Income: 158040.00
  • Insurance Expense: 864.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 840.00
  • Net Operating Income: 120670.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 37370.00
  • Rent Control: No
  • Total Actual Rent: 13170.00
  • Total Expenses: 37370.00

Tax Info

  • New Taxes Expense: 30000.00
  • Tax Lot: 56
  • Tax Tract Number: 5867

Range of Values:

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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
03/28/2018 03/28/18 Sold $2,708,000 -15.2% $368 / Sq Ft
03/26/2018 03/26/18 For Sale $3,195,000 0.0% $435 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
12/11/2017 12/11/17 Price Changed $3,195,000 +1234.0% $435 / Sq Ft
11/14/2017 11/14/17 For Sale $239,500 -- $33 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17258101

California Regional Multiple Listing Service (CRMLS)