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    North Hollywood Multifamily Investment Opportunity Title is generated by Realmo AI

    11849 Hart St, North Hollywood, CA 91605

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    Claim this Listing
    For Sale
    $1,195,000

    Apartment - North Hollywood, CA

    Type:Apartment
    Property size:
    3,930 SF
    Lot size:
    8,850.00 Acres
    Price / SF:
    $304/SF
    Added:
    Mar 19, 2026
    Days on Market:
    93
    Last Refresh:
    Jun 19 at 2:06 am

    Property Features for 11849 Hart St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Exterior features
    Community Features Included: Suburban, 2-5 Units/Acre
    Standard status
    Active
    APN
    2321007016
    Size
    3,930 SF
    Lot size
    8,850.00 Acres

    Building Details

    Year built
    1953
    Floors in Building
    2
    Number of units
    5
    Architectural style
    Other

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    Listing Contact
    James Antonucci

    Listing agent James Antonucci License #01822661

    Listing office Keller Williams Realty-Studio City 12711 Ventura Blvd., Studio City, CA

    Listing date Mar 19, 2026

    MLS# SR26060638 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.

    HighLights

    • Located in a high‑demand rental market in North Hollywood.
    • Desirable unit mix: one 3‑bedroom/1‑bath unit and four 2‑bedroom/1‑bath units.
    • Individually metered for gas and electric, reducing owner utility expenses.
    • On‑site parking and laundry facilities.
    • Convenient access to shopping, restaurants, public transportation, and Los Angeles Valley College.
    • Easy access to California State Route 170 and Hollywood Burbank Airport.

    Overview

    Located in North Hollywood, the property at 11849 Hart St presents a multifamily investment opportunity in a desirable rental market within the San Fernando Valley. The property features a five-unit apartment building consisting of 1 three-bedroom, one-bathroom unit and 4 two-bedroom, one-bathroom units. This unit configuration is intended to appeal to a range of renters, including families, roommates, and young professionals. Each unit is individually metered for gas and electric. Tenants have access to on-site parking and laundry facilities. The building's layout and unit mix are designed to provide rental appeal and tenant stability. The property is located near shopping centers, restaurants, grocery stores, and public transportation. Los Angeles Valley College is also nearby. Commuters have access to California State Route 170, which connects to freeways and employment hubs throughout the San Fernando Valley and Los Angeles. Hollywood Burbank Airport is also conveniently located nearby. The lot size is approximately 0.20 acres, and the property size is 3930 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $125.0k $31.80
    − Vacancy −$10.0k −$2.54
    EGI $115.0k $29.26
    − OpEx −$51.7k −$13.17
    NOI $63.2k $16.09
    3,930 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $903.4K
    $790.5K – $1.05M (±1% cap)
    NOI $63,237 @ 7.0% cap · market cap 5.29%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.10M
    $1.84M – $2.45M (±1% cap)
    NOI $147,287 @ 7.0% cap · market cap 12.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience 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
    -118.3916526
    Latitude
    34.197673

    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building in a high-demand rental market.
    Where is this apartment building located?
    The property is located at 11849 Hart St North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: Located in a high‑demand rental market in North Hollywood.; Desirable unit mix: **one 3‑bedroom/1‑bath unit and four 2‑bedroom/1‑bath units.**; Individually metered for gas and electric, reducing owner utility expenses.
    More about this property
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