Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11414 Calvert St North Hollywood, CA 91606

    Sponsored
    For Sale
    $4,600,000

    Apartment - North Hollywood, CA

    Type:Apartment
    Property size:
    5,224 SF
    Lot size:
    31,740.00 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 30 at 2:06 am

    Property Features for 11414 Calvert St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    5
    APN
    2338001008
    Exterior features
    Community Features Included: Suburban, Lot 20000-39999 Sqft, Rectangular Lot
    Size
    5,224 SF
    Lot size
    31,740.00 Acres

    Utilities

    Heating system
    Central

    Building Details

    Year built
    1955
    Floors in Building
    1
    Number of units
    8
    Architectural style
    Other

    We can help!

    Listing Contact
    Cindy Hill

    Dream Team Real Estate Consultants. Inc (818) 380-5100

    Listing agent Cindy Hill (818) 989-2000 License #00885625

    Listing date Jan 20, 2026

    MLS# SR26011032 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    North Hollywood Multifamily Investment Opportunity

    This 8-unit apartment building, constructed in 1955, is located in North Hollywood. The unit mix comprises two studio units, two 1-bedroom/1-bathroom units, three 2-bedroom/1-bathroom units, and one 3-bedroom/2-bathroom unit. The property features a total of 5,224 rentable square feet on a 31,730 square foot lot. North Hollywood offers a variety of attractions, particularly within the NoHo Arts District, which has evolved into a pedestrian-friendly urban area. The neighborhood features shopping, local restaurants, and bars. Residents benefit from convenient public transportation options, including Metro rail stations, the North Hollywood Red Line, and Orange Line bus ways, as well as access to the 101, 170, and 134 freeways. A $1 billion mixed-use development is underway at Lankershim and Chandler, redeveloping 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This development, combined with the existing Arts District, may make North Hollywood a location for investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3795726
    Latitude
    34.1810393

    Nearby Similar for Sale

    • $3,750,000
      7,200 SF

      New Luxury North Hollywood Quadplex

      New construction 4-unit property with rooftop decks and mountain views.
      10857 Morrison St, North Hollywood, CA 91601
      View Details
    • $1,199,000
      1,822 SF

      North Hollywood Mixed-Use Compound

      Three units on a large lot with development potential.
      6041 Cleon Ave, North Hollywood, CA 91606
      View Details
    • $1,250,000
      2,890 SF

      North Hollywood Fourplex Investment Opportunity

      Fourplex in North Hollywood with potential for increased rents.
      5841 Tujunga Ave, North Hollywood, CA 91601
      View Details
    • $350,000

      Established Pizza Shop in North Hollywood

      Successful pizza shop for sale in a high-traffic North Hollywood location.
      12061 Strathern St, North Hollywood, CA 91605
      View Details
    • $3,495,000
      9,088 SF

      North Hollywood Fully Leased Quadruplex

      Fully leased, modern 6-unit property in North Hollywood.
      6421 Troost Ave, North Hollywood, CA 91606
      View Details
    • $2,100,000
      4,760 SF

      North Hollywood 6-Unit Apartment Complex

      Well-maintained 6-unit apartment complex in a desirable North Hollywood location.
      6661 Wilkinson Ave, North Hollywood, CA 91606
      View Details
    • $795,000

      North Hollywood Restaurant/Bar Opportunity

      Turnkey restaurant/bar in high-traffic North Hollywood location for sale.
      11671 Victory Blvd, North Hollywood, CA 91606
      View Details
    • New
      $1,199,000
      2,971 SF

      Spanish-Style Quadruplex in North Hollywood

      Charming quadruplex perfect for families or multi-generational living.
      6130 Whitsett Ave, North Hollywood, CA 91606
      View Details
    • $365,000
      4,800 SF

      Established Franchise Store in Hollywood

      Well-established Baja Fresh franchise in prime Hollywood location for sale.
      10760 Riverside Dr, North Hollywood, CA 91602
      View Details
    • $1,300,000
      3,700 SF

      North Hollywood Duplex Investment Opportunity

      Spacious duplex with three units and ample parking.
      8023 Troost Ave, North Hollywood, CA 91605
      View Details
    • $8,750,000
      18,432 SF

      New Multifamily Investment in NoHo

      New construction multifamily property with 12 units in North Hollywood.
      10821 Hartsook St, North Hollywood, CA 91601
      View Details
    • $1,150,000
      Pending

      Mixed-Use Property in NoHo Arts

      Mixed-use property in the NoHo Arts District.
      11311 Burbank Blvd, North Hollywood, CA 91601
      View Details

    FAQs

    What type of property is this?
    Apartment building - 8-unit apartment building in thriving North Hollywood neighborhood.
    Where is this apartment building located?
    The property is located at 11414 Calvert St North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $4,600,000.
    What are key features of this property?
    This property features: - Located in the thriving and expanding NoHo Arts District, a hip, pedestrian-friendly urban village with diverse attractions.; - Convenient access to public transportation, including Metro rail stations (Red Line and Orange Line) and easy access to the 101, 170, and 134 freeways.; - Significant future development potential with a $1 billion mixed-use project underway at Lankershim and Chandler.
    (818) 640-4360
    Request Owner's contact information
    11414 Calvert St North Hollywood, CA 91606
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11414 Calvert St
    North Hollywood, CA 91606
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11414 Calvert St North Hollywood, CA 91606
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cindy Hill
    Real Estate License ID: 00885625
    (818) 640-4360
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.