NOT LISTED FOR SALE

11312 Huston St North Hollywood, CA 91601

North Hollywood Neighborhood
10 Beds
6 Baths
21,250 Sq Ft
0.3 Acres

Last Sold January 26, 2018

Last sale price $9,000,000 $424 Per Sq Ft

152 Days on Market

Highlights

  • 13,169 Sq Ft lot
  • Subterranean Parking
  • Air Conditioning
  • North Hollywood Senior High School Rated A

About This Home

As of January 2018

The subject property is a unique opportunity to own a full 14-unit condominium community in the southern portion of the NoHo Arts District, just one block from Toluca Lake and two blocks from Studio City. The entire building consists of large units averaging over 1,500 square feet, featuring at least three bedrooms each, and saturated with condominiumquality amenities. Constructed in 2011, the property is not subject to Los Angeles Rent Control and it carries a recorded condominium tract map (Tract 67599).Each of the spacious units includes its own in-unit washer/ dryer, central air/heat, stainless steel appliances, designer cabinets, high ceilings, recessed lighting, and custom walkin closets. Interiors also feature luxury vinyl plank flooring with tile kitchens and bathrooms, granite countertops, and semi-recessed bathroom sinks. Each unit includes its own private balcony and penthouse units also contain lofts.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 06/21/2017

Last Buyer's Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 06/21/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2011

Lot Details

  • 0.3 Acre Lot

Interior Spaces

  • 21,250 Sq Ft Home
  • 4-Story Property

Parking

  • 35 Parking Spaces
  • Subterranean Parking

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 2353-023-060

Property Details

Home Type

Multi-Family

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 21250
  • Stories: 4
  • Year Built: 2011
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 443.53

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Subterranean
  • Total Parking: 35

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 381734
  • Assessed Land Value: 200004
  • Assessor Parcel Number: 2353-023-060
  • Geocode Override: No
  • Lot Size Area: 13169

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.45
  • Number Of Units: 14
  • Total Annual Expense: 177380
  • Type Of Units: Residential
  • Vacancy Rate: 6

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 List to Sale Price per Sq Ft Prior Sale
01/26/2018 01/26/18 Sold $9,000,000 -4.5% $424 / Sq Ft
08/14/2017 08/14/17 Price Changed $9,425,000 -4.8% $444 / Sq Ft
06/21/2017 06/21/17 For Sale $9,900,000 +58.4% $466 / Sq Ft
01/23/2015 01/23/15 Sold $6,250,100 -3.8% $276 / Sq Ft View Prior Sale
12/17/2014 12/17/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $6,500,000 -- $287 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Raymundo

    Seller's Agent in 2018

    Rick Raymundo

    Marcus & Millichap

    (818) 219-6146

    4 in this area

    66 Total Sales

    Rick Raymundo
    Section Image
  • Filip Niculete

    Seller's Agent in 2015

    Filip Niculete

    Marcus & Millichap

    (818) 357-9525

    11 in this area

    101 Total Sales

    Filip Niculete
    Section Image
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Map

Source: The MLS

MLS Number: 17-243746

The MLS
California Los Angeles County North Hollywood 91601 North Hollywood

11312 Huston St, North Hollywood, CA

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