Description

Located in the heart of North Hollywood, 11853 Hart St offers an attractive multifamily investment opportunity in one of the San Fernando Valley’s most desirable and high-demand rental markets. This well-situated property benefits from a quiet residential street setting while still providing convenient access to major employment centers, shopping, and transportation throughout the greater Los Angeles area. The property features a five-unit apartment building comprised entirely of spacious two-bedroom, one-bathroom units (5–2+1). This highly desirable unit configuration appeals to a wide range of renters including families, roommates, and young professionals seeking comfortable living spaces in a central Valley location. Each unit is individually metered for gas and electric, helping reduce owner utility expenses and streamline property management. Tenants enjoy practical amenities including on-site parking and on-site laundry facilities, both highly valued conveniences in the local rental market. The building’s functional layout and unit mix provide strong rental appeal and long-term tenant stability, making it a solid asset for both seasoned investors and those seeking to expand their portfolio. The property is located near a variety of neighborhood conveniences including shopping centers, restaurants, grocery stores, and public transportation options. Residents are also just minutes from Los Angeles Valley College, providing consistent rental demand from students, faculty, and staff. Commuters will appreciate the quick access to the nearby California State Route 170, which connects easily to other major freeways and employment hubs throughout the San Fernando Valley and Los Angeles. The property is also conveniently located near Hollywood Burbank Airport, making travel simple for residents and adding further convenience to the location. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.