11130 Huston St - Apartments FOR SALE


North Hollywood, CA 91601
$2,395,000 USD
213-233-4379
11130 Huston St, North Hollywood, CA for Sale
$2,395,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

11130 Huston St
North Hollywood, CA 91601


HIGHLIGHTS

  • Eric Dilanian presents (8) Units (1 VACANT) Mid-Century Opportunity in a Prime Location of North Hollywood! Steps to NoHo Arts District Hot Spots
  • Building Specs: Built in 1963 | ±7,744 SF Building | ± 11,627 SF Lot Size | R3-Tier 3 TOC
  • Upside & Opportunity: Owner-User Opportunity and ADU Development Potential - Buyer to Verify Feasibility
  • Unit Mix: Boasting an Excellent Unit Mix of (4) 2 Bed & 2 Bath Units, (3) 1 Bed & 1 Bath Units, and (1) Oversized 3 Bed & 2 Bath Unit
  • Location: boasting a walk score of 91, the property is situated in Walker's Paradise, where daily errands do not require a car!
  • Steps to NoHo Art's District Hot Spots, within minutes to NoHo West, Laemmle NoHo and in close proximity to Studio City, Sherman Oaks, and Toluca Lake

OVERVIEW

Eric Dilanian with The Dilanian Real Estate Advisors, as part of RE/MAX Commercial & Investment Realty, is proud to present a compelling 8-unit investment opportunity on an oversized ±11,627 SF lot in a Prime North Hollywood location —just blocks to the NoHo Arts District Hot Spots and ~1 Mile from Toluca Lake. The property is offered for sale for the first time in ~40 Years! The property is delivered with a vacant, oversized 3-bedroom / 2-bath owner’s unit totaling ±1,568 SF, providing immediate rental upside, an ideal owner-user scenario, or a premium renovation opportunity to push rents quickly. Coupled with an expansive lot and favorable zoning, the asset offers multiple paths to value creation, including the potential development of ADUs (Buyer to verify feasibility). Situated at 11130 Huston Street, this stunning 1963 mid-century construction features a strong and desirable unit mix comprised of (1) 3 Bed / 2 Bath owner’s unit, (4) 2 Bed / 2 Bath units, and (3) 1 Bed / 1 Bath units. The improvements total ±7,744 SF and are located on an R3, Tier 3 TOC-zoned parcel, positioning the property for long-term density upside, redevelopment optionality, and accelerated appreciation. The oversized footprint and high-density zoning significantly differentiate this offering from competing assets in the submarket, making it an exceptional candidate for ADU development and future repositioning. Tucked on a quiet, well-kept street yet steps from premier retail, dining, and entertainment, the property boasts a Walk Score of 91 (“Walker’s Paradise”), a key driver of tenant demand and rent growth. This is a rare opportunity to acquire scale, land, and zoning leverage in one of Los Angeles’ most desired and rent-resilient rental markets, offering investors immediate upside, multiple exit strategies, and long-term wealth creation potential. **DISCLOSURE:** Buyers are advised to conduct independent thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$309 USD /SF

# OF UNITS

8

PRICE/UNIT

$299,375

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Units Steps to NoHo Arts District Hot Spots

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,627 SF

ZONING

LAR3

APN/PARCEL ID

2353-020-029

ASK ABOUT THIS PROPERTY

Eric DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4379

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Eric DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4379

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.