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    12-Unit Apartment Community on Corner Lot Title is generated by Realmo AI

    11936 Hart St, North Hollywood, CA 91605

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    For Sale
    $2,350,000

    Apartment - North Hollywood, CA

    Type:Apartment
    Property size:
    7,826 SF
    Lot size:
    9,007.00 Acres
    Price / SF:
    $300/SF
    Added:
    Sep 15, 2025
    Days on Market:
    278
    Last Refresh:
    Jun 19 at 12:06 am

    Property Features for 11936 Hart St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    3
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3
    Exterior features
    Community Features Included: Suburban, 11-15 Units/Acre
    Standard status
    Active
    APN
    2321012005
    Size
    7,826 SF
    Lot size
    9,007.00 Acres

    Building Details

    Year built
    1965
    Floors in Building
    2
    Number of units
    12
    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 Sep 15, 2025

    MLS# SR25217645 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

    • Prime North Hollywood location with excellent access to freeways, shopping, dining, and the Hollywood Burbank Airport.
    • Desirable unit mix: 4 Bachelors, 4 One‑Bedroom/One‑Bath, and 4 Two‑Bedroom/One‑and‑a‑Half‑Bath units.
    • Secure, gated entry and on‑site gated parking.
    • Individually metered units for gas and electricity.
    • On‑site laundry facility enhancing tenant satisfaction.
    • Well‑maintained 12‑unit apartment community on a corner lot.

    Overview

    This well-maintained 12-unit apartment community at 11936 Hart St is laid out with a unit mix of four bachelor units, four one-bedroom/one-bath units, and four two-bedroom/one-and-a-half-bath units. The property includes a secure, gated entry and on-site gated parking for residents. An on-site laundry facility adds convenience for tenants day-to-day. Each unit is individually metered for gas and electricity, supporting straightforward utility management.

    The property is situated on a corner lot in North Hollywood, offering convenient access to major thoroughfares with proximity to the CA-170 and I-5 freeways. The surrounding area includes everyday shopping and dining options, and is also near Costco Business Center and Home Depot. For air travel, Hollywood Burbank Airport is described as only minutes away, and public transit options are noted as accessible for local commuting.

    For investors or operators seeking a small multifamily asset, the 11936 Hart St configuration provides multiple tenancy profiles through its bachelor, one-bedroom, and two-bedroom unit mix. The combination of gated security, on-site parking, and on-site laundry is designed to support resident convenience, while individual gas and electric meters can help streamline operational oversight. Buyer due diligence is required to confirm all details.

    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 $248.9k $31.80
    − Vacancy −$19.9k −$2.54
    EGI $229.0k $29.26
    − OpEx −$103.0k −$13.17
    NOI $125.9k $16.09
    7,826 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.80M
    $1.57M – $2.10M (±1% cap)
    NOI $125,927 @ 7.0% cap · market cap 5.36%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.19M
    $3.67M – $4.89M (±1% cap)
    NOI $293,301 @ 7.0% cap · market cap 12.48%
    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
    -118.393437
    Latitude
    34.197384

    FAQs

    What type of property is this?
    Apartment building - Twelve individually metered units with gated parking and on-site laundry on a corner lot in North Hollywood.
    Where is this apartment building located?
    The property is located at 11936 Hart St North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: Prime North Hollywood location with excellent access to freeways, shopping, dining, and the Hollywood Burbank Airport.; Desirable unit mix: 4 Bachelors, 4 One‑Bedroom/One‑Bath, and 4 Two‑Bedroom/One‑and‑a‑Half‑Bath units.; Secure, gated entry and on‑site gated parking.
    More about this property
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