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11341 Victory Blvd 11 Unit Apartment Building $4,362,466 CAD ($396,588 CAD/Unit) North Hollywood, CA 91606
INVESTMENT HIGHLIGHTS
- Strategically located on Victory Blvd
- Nearby Burbank Airport, University City, NOHO Arts District and North Hollywood Park
- Provides easy access to 101, 170 and 5 freeways
EXECUTIVE SUMMARY
Strategically located on Victory Blvd, this 11-unit 7,030 square foot apartment building located in the heart of North Hollywood sits on an 11,988 square foot R3-zoned lot. This property features a secure gated entrance, a welcoming courtyard for residents, community laundry facilities, and ample parking. With rents currently below market value, there's great potential for rental income growth. Provides easy access to 101, 170 and 5 freeways, shopping, dining, and public transit such as the Redline. Nearby Burbank Airport, University City, NOHO Arts District and North Hollywood Park. Excellent investment opportunity with strong potential for income growth!
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$263,194
|
$37.44
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$263,194
|
$37.44
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $263,194 |
| Annual Per SF | $37.44 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $263,194 |
| Annual Per SF | $37.44 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $4,362,466 CAD | Building Class | C |
| Price Per Unit | $396,588 CAD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 7,030 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1977 |
| Apartment Style | Low-Rise | Parking Ratio | 1.99/1,000 SF |
| Zoning | R3, Los Angeles - Multi-family Residential | ||
| Price | $4,362,466 CAD |
| Price Per Unit | $396,588 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 7,030 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.99/1,000 SF |
| Zoning | R3, Los Angeles - Multi-family Residential |
AMENITIES
SITE AMENITIES
- Security System
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 2336-014-009 | Improvements Assessment | $974,793 CAD (2025) |
| Land Assessment | $974,793 CAD (2025) | Total Assessment | $1,949,587 CAD (2025) |
PROPERTY TAXES
Parcel Number
2336-014-009
Land Assessment
$974,793 CAD (2025)
Improvements Assessment
$974,793 CAD (2025)
Total Assessment
$1,949,587 CAD (2025)
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11341 Victory Blvd
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