11315 Tiara St North Hollywood, CA 91601

Located in the heart of Mid-Town North Hollywood, this property features a fully renovated and furnished triplex with a junior accessory dwelling unit (JADU). The property consists of three three-bedroom/two-bathroom units and one one-bedroom/one-bathroom JADU, totaling approximately 4,350 square feet of living space on a 7,000-square-foot lot. Originally constructed in 1926 with additions in 2005, the property underwent a comprehensive renovation starting in 2024. The renovation included a new 400-amp electrical panel with three meters, 13 ductless mini-split HVAC units, full plumbing replacement, and complete interior remodeling. All four units are fully furnished with approximately $50,000 in quality furnishings including beds, sofas, dining sets, smart TVs, and full kitchen appliances. Six building permits have been filed and finalized. All utilities, including water, gas, electric, trash and Internet, are included in rent. All occupied units are on short-term leases expiring by June 2026. The property's Transit Priority Area designation, LARD2 zoning, and TOC Tier 1 eligibility provide future density bonus options. North Hollywood's Mid-Town corridor is positioned for transformative appreciation driven by District NoHo, a $1 billion development delivering 1,500 residential units, and 500,000 square feet of office space at the North Hollywood Metro B Line station, less than one mile from the property.