12515 Saticoy St - Apartments FOR SALE


North Hollywood, CA 91605
$1,550,000 USD
818-380-5294
12515 Saticoy St, North Hollywood, CA for Sale
$1,550,000 USD
Apartments - FOR SALE
1/11
null | 6.11% Cap Rate

12515 Saticoy St
North Hollywood, CA 91605


HIGHLIGHTS

  • 10-unit multifamily property in North Hollywood built in 1958
  • 9.23 GRM and a 6.11% CAP rate, offered at $285.77 per square foot!
  • Eight (8) 1+1 units and two (2) 2+1 units
  • Ten (10) on-site parking spaces
  • Roof completed in 2017 & new windows
  • Can be purchased separately or as part of a 6-property portfolio totaling 48 units throughout North Hollywood and Hollywood

OVERVIEW

12515 Saticoy Street is a charming 10-unit, two-story multifamily property located in North Hollywood. Built in 1958, the building offers 5,424 square feet of rentable living space on a 9,041 square foot LAR3-zoned lot. The property features a desirable unit mix of eight (8) one-bedroom/one-bathroom units and two (2) two-bedroom/one-bathroom units. It is well maintained and provides ten (10) on-site parking spaces. Located in a prime North Hollywood neighborhood, the property benefits from excellent proximity to major employment centers, transit, and lifestyle amenities. Residents enjoy convenient access to the NoHo Arts District, home to theaters, studios, galleries, and popular dining destinations such as Republic of Pie and Granville. Nearby retail and entertainment options include Universal Studios Hollywood, Universal CityWalk, and Burbank Empire Center. The property is also situated near major employment hubs including Warner Bros. Studios, NBCUniversal, as well as the broader media and post-production corridor throughout Burbank and Studio City. Commuter access is exceptional, with convenient access to the 170, 101, and 5 freeways along with the North Hollywood Metro Station, providing direct connectivity to Downtown Los Angeles and the Westside. Can be purchased separately or as part of a 6-property portfolio totaling 48 units throughout North Hollywood and Hollywood! The property is located within the city of Los Angeles and is subject to Rent Control.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

10

PRICE/UNIT

$155,000

CAP RATE

6.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

LAR3

APN/PARCEL ID

2307-018-007

ASK ABOUT THIS PROPERTY

Nicole ApostolosEquity Union Real EstateMore Info
818-380-5294

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Nicole ApostolosEquity Union Real EstateMore Info
818-380-5294

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