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11447 Tiara Street North Hollywood (los Angeles), CA 91601
5,210 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,210 sqft
Price per Sqft $283
MLS Listing ID CL25625857
HOA Y/N No
Year Built 1957
Lot Size 7,039 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
11447 Tiara St presents an attractive eight-unit multifamily investment opportunity located in the highly desirable North Hollywood 91601 submarket. Built in 1957, this 5,210 SF, two-story property sits on a 7,037 SF lot and is zoned LAR3. The asset offers stable in-place income with meaningful pro forma upside, supported by a strong rent-to-market gap and 100% occupancy at the time of underwriting. The property benefits from six on-site parking spaces, separately metered gas and electric, and updated unit interiors featuring modern kitchens, bathrooms, flooring, and in-unit laundry in select units, driving tenant retention and rent growth. Ideally positioned just south of the North Hollywood Metro Station and in the heart of the NoHo Arts District, the asset offers tenants walkable access to dining, entertainment, and employment hubs, while providing investors with strong long-term tenant demand, ADU or redevelopment optionality under LAR3 zoning (buyer to verify), and multiple executable paths to grow NOI and long-term equity.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2338011003
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Listed by Tony Azzi • Tony Azzi