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    12515 Saticoy St, North Hollywood, CA 91605

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    Claim this Listing
    For Sale
    Under Contract
    $1,550,000

    MULTI_FAMILY - North Hollywood, CA

    Property size:
    5,424 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $285/SF
    Added:
    Apr 28, 2026
    Days on Market:
    57
    Last Refresh:
    Jun 23 at 12:06 am

    Property Features for 12515 Saticoy St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    LAR3
    Bedrooms
    12
    Bathrooms
    10
    Rooms
    Bathroom 3, Bedroom 7, Bathroom 1, Bedroom 1, Bathroom 7, Bathroom 8, Bedroom 5, Bathroom 4, Bedroom 9, Bathroom 6, Bathroom 2, Bedroom 10, Bedroom 6, Bathroom 10, Bathroom 5, Bedroom 4, Bedroom 3, Bedroom 11, Bedroom 2, Bedroom 8, Bedroom 12, Bathroom 9
    Parking
    10
    Standard status
    Active Under Contract
    APN
    2307-018-007
    Size
    5,424 SF
    Lot size
    0.21 Acres

    Building Details

    Year built
    1958
    Floors in Building
    2
    Number of units
    10

    We can help!

    Listing Contact
    Nicole Apostolos

    Listing agent Nicole Apostolos License #01464936

    Listing office Equity Union 13400 Ventura Blvd., Sherman Oaks, CA

    Listing date Apr 28, 2026

    MLS# 26813193 Listing URL

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime North Hollywood location with excellent access to employment centers, transit, and lifestyle amenities including the No

    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 $172.5k $31.80
    − Vacancy −$13.8k −$2.54
    EGI $158.7k $29.26
    − OpEx −$71.4k −$13.17
    NOI $87.3k $16.09
    5,424 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.25M
    $1.09M – $1.45M (±1% cap)
    NOI $87,276 @ 7.0% cap · market cap 5.63%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.90M
    $2.54M – $3.39M (±1% cap)
    NOI $203,279 @ 7.0% cap · market cap 13.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    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
    -118.405953
    Latitude
    34.208858

    FAQs

    Where is this apartment building located?
    The property is located at 12515 Saticoy St North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: Prime North Hollywood location with excellent access to employment centers, transit, and lifestyle amenities including the No
    More about this property
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