$3,250,000

Estimated payment $18,888/month

Total Views 158
9 Beds
8 Baths
4,734 Sq Ft
$687 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Solar Power System
  • Contemporary Architecture
  • North Hollywood Senior High School Rated A
  • Automatic Gate
  • Living Room with Fireplace

About This Home

11611 Burbank Blvd is a beautifully reimagined five-unit multifamily property in the heart of the NoHo, just adjacent to the Arts District at 11611 Burbank Blvd, North Hollywood. This meticulously improved property includes three beautifully renovated units featuring one very large, 3-bed/2-bath (perfect for an owner's unit) and two 1-bed/1-bath floor plans along with two newly constructed 2-bed/2-bath ADUs. Spanning approximately 4,734 square feet in total, every unit boasts high-end finishes, modern kitchens, updated systems, and thoughtful design elements throughout along with one 220v outlet for an EV charger. Delivered completely vacant, this turn-key asset is primed for premium market-rate leasing along with the potential for owner occupancy. Ideally situated just west of Lankershim Blvd and moments from the North Hollywood Metro Station, this location offers unmatched access to the creative, cultural, and culinary energy of the NoHo Arts District. Residents enjoy close proximity to the El Portal Theatre, The Federal Bar, NoHo West retail and dining center, Whole Foods, and an ever-expanding array of studios, galleries, and performance venues. This highly walkable and transit-friendly neighborhood continues to see strong demand from entertainment professionals, young creatives, and urban-minded renters seeking style and connectivity. With all units delivered vacant and a blend of newly built and extensively upgraded spaces, 11611 Burbank Blvd presents an outstanding opportunity for investors seeking yield in one of L.A.'s fastest-evolving rental markets. Whether you're adding to a portfolio or entering with a standout asset, this property represents the ideal balance of location, design, and income potential in the beating heart of North Hollywood.

Listing Agent

David Leibowitz

Investment Real Estate Associates License #01912487 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,149

Year Built

  • Built in 1949 | Newly Remodeled

Lot Details

  • 6,544 Sq Ft Lot
  • Fenced Yard

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Turnkey
  • Flat Roof Shape
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,734 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Recessed Lighting
  • Electric Fireplace
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Remodeled Bathroom
  • 8 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces
  • Electric Vehicle Home Charger
  • Covered Parking
  • Automatic Gate

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Solar Power System
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 2338-031-012

Community Details

Overview

  • 2 Buildings
  • 5 Units

Security

  • Card or Code Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,149

Year Built

Built in 1949 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Building Permit: Yes
  • Living Area: 4734
  • Lot Acreage: 0.1502
  • Probate: No
  • Property Condition: New Construction, Updated/Remodeled
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Turnkey, Storage Space, Recessed Lighting
  • Number Dishwasher: 5
  • Number Disposal: 5
  • Number Range: 5
  • Number Refrigerator: 5
  • Fireplace Rooms: Electric, Living Room
  • Flooring: Laminate
  • Appliances: Electric
  • Bedrooms: 9
  • Bathroom Features: Remodeled
  • Kitchen Features: Skylight(s)
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 8.00
  • Equipment: Alarm System, Dishwasher, Washer, Dryer, Refrigerator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Solar Panels, Range/Oven
  • Price Per S Q F T: 686.52
  • Windows: Skylights

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: None
  • Patio: Balcony
  • Roof: Flat, Shingle

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Gated, Electric Vehicle Charging Station(s), Covered Parking
  • Total Parking: 6

Utilities

  • Water Heater: Tankless, Water Heater Unit, Electric, Gas
  • Cooling: Central, Heat Pump(s), Air Conditioning, Electric
  • Heating: Central
  • Number Water Meters: 5
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Smoke Detector, Prewired for alarm system, T.V.
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 9.91
  • Assessed Improvement Value: 112200
  • Assessed Land Percent: 90.09
  • Assessed Land Value: 1020000
  • Total Assessed Value: 1132200
  • Assessor Parcel Number: 2338-031-012
  • Lot Description: Automatic Gate, Fenced Yard, Single Lot
  • Lot Size Area: 6544

Rental Info

  • Tenant Pays: Electricity, Water, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.39
  • Number Of Units: 5
  • Total Annual Expense: 50300
  • Type Of Units: Residential
  • Vacancy Rate: 100

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,149 $1,154,844 $1,040,400 $114,444
2024 $14,149 $1,132,200 $1,020,000 $112,200
2023 $11,892 $951,314 $630,706 $320,608
2022 $11,347 $932,662 $618,340 $314,322
2021 $4,426 $338,060 $131,337 $206,723
2019 $4,301 $328,036 $127,443 $200,593
2018 $4,165 $321,605 $124,945 $196,660
2016 $3,954 $309,119 $120,095 $189,024
2015 $3,899 $304,477 $118,292 $186,185
2014 $3,936 $298,513 $115,975 $182,538
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $5,950 0.0% $3 / Sq Ft
08/21/2025 08/21/25 For Sale $3,250,000 0.0% $687 / Sq Ft
08/18/2025 08/18/25 For Rent $5,500 0.0% --
01/18/2023 01/18/23 Sold $1,110,000 0.0% $366 / Sq Ft
12/19/2022 12/19/22 Price Changed $1,110,000 -4.8% $366 / Sq Ft
11/16/2022 11/16/22 Price Changed $1,166,000 -2.8% $384 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $1,200,000 -- $396 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,110,000 Chicago Title Company
Grant Deed -- None Available
Grant Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $832,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

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Source: The MLS

MLS Number: 25581343

The MLS

APN: 2338-031-012