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11425 Tiara St 3 Unit Apartment Building $2,687,152 CAD ($895,717 CAD/Unit) North Hollywood, CA 91601
Executive Summary
Incredible Owner User or investment opportunity in the heart of North Hollywood featuring three spacious 4-bedroom, 2.5-bathroom residences, with the rare opportunity for all units to be delivered vacant and the potential to build three ADU's. Ideal for investors, owner-users, or multigenerational living, the property offers tremendous flexibility and the ability to establish current market rents from day one. The remodeled owner's unit features updated finishes and comfortable, modern living spaces. With three substantial residences and a highly desirable unit mix, the property offers strong income potential and long-term appreciation. Conveniently located near the NoHo Arts District, major studios and entertainment hubs, shopping, dining, public transportation, and freeway access, this is a compelling opportunity to acquire a versatile multifamily asset in a high-demand North Hollywood rental market.
Property Facts
| Price | $2,687,152 CAD | Building Class | C |
| Price Per Unit | $895,717 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 4,503 SF |
| Gross Rent Multiplier | 12.28 | No. Stories | 2 |
| No. Units | 3 | Year Built | 1980 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | LAR3 - Multiple Residential | ||
| Price | $2,687,152 CAD |
| Price Per Unit | $895,717 CAD |
| Sale Type | Investment |
| Gross Rent Multiplier | 12.28 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,503 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Opportunity Zone |
Yes |
| Zoning | LAR3 - Multiple Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2.5 | 3 | $6,233 CAD | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2338-011-007 | Improvements Assessment | $730,297 CAD |
| Land Assessment | $889,664 CAD | Total Assessment | $1,619,960 CAD |
Property Taxes
Parcel Number
2338-011-007
Land Assessment
$889,664 CAD
Improvements Assessment
$730,297 CAD
Total Assessment
$1,619,960 CAD
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11425 Tiara St
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