NOT LISTED FOR SALE

11809 Hart St North Hollywood, CA 91605

North Hollywood Neighborhood
5 Beds
10 Baths
7,376 Sq Ft
0.25 Acres

Last Sold July 15, 2022

Last sale price $1,650,000 $224 Per Sq Ft

49 Days on Market

Highlights

  • Central Heating and Cooling System
  • Laundry Facilities
  • Auto Driveway Gate
  • North Hollywood Senior High School Rated A
  • South Facing Home

About This Home

As of July 2022

The Hart Street Apartments are a two story multi family 10 unit building. built in 1977. The subject property has many recent capital improvements. Some major items are a new roof in 2017, copper plumbing, installation of central heating and air conditioning, replaced windows and doors, etc.... This is the first time the building has been on the market for sale since 1985. The property is well kept and easy to operate. Rents are considerably below market and offers the new owner a substantial income increase as the units turn over. Parking is on grade and in the rear of the building, parking and entry are controlled access. Low operating costs, high demand rental area and rising rents ensure the new owner/investor a stable investment for years to come. Income and expense are taken from sellers 2021 I/E statement.

Last Agent to Sell the Property

Michael Dixon

NAI Capital, Inc. License #01004121 Listed on: 05/20/2022

NAI Capital, Inc.

Last Buyer's Agent

Michael Dixon

NAI Capital, Inc. License #01004121 Listed on: 05/20/2022

NAI Capital, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • South Facing Home

Interior Spaces

  • 2-Story Property
  • Oven or Range
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 10 Bathrooms

Home Security

  • Window Bars
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • Auto Driveway Gate

Utilities

  • Central Heating and Cooling System

Community Details

  • 10 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2321-007-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: No
  • Lot Acreage: 0.2517
  • Price Per Unit: 187500.00
  • Probate: No
  • Stories: 2
  • Year Built: 1977
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Common Walls: Attached
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 10.00
  • Equipment: Range/Oven

Exterior Features

  • Direction Faces: South
  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 12

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector, Window Bars
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 231798
  • Assessed Land Percent: 60
  • Assessed Land Value: 347704
  • Total Assessed Value: 579502
  • Assessor Parcel Number: 2321-007-002
  • Lot Size Area: 10964

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 10
  • Rent Control: 100
  • Type Of Units: Multi-Family

Range of Values:

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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
07/15/2022 07/15/22 Sold $1,650,000 -12.0% $224 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $1,875,000 0.0% $254 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $1,875,000 -- $254 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Dixon

    Seller's Agent in 2022

    Michael Dixon

    NAI Capital, Inc.

    (818) 905-2400

    1 in this area

    7 Total Sales

    Michael Dixon
    Section Image
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Map

Source: The MLS

MLS Number: 22-160227

The MLS
California Los Angeles County North Hollywood 91605 North Hollywood

11809 Hart St, North Hollywood, CA

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