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11667 Burbank Blvd 3 Unit Apartment Building $1,196,169 CAD ($398,723 CAD/Unit) 3.02% Cap Rate North Hollywood, CA 91601



Investment Highlights
- Quick Access To CA-170 Freeway
- Los Angeles Valley College Nearby
- Corner Lot
- Individually Metered For Gas & Electric
- Great North Hollywood Location
- North Hollywood Transit Station Nearby
Executive Summary
11667 Burbank Boulevard presents a well-located multifamily opportunity in the heart of North Hollywood, offering strong rental demand, excellent accessibility, and long-term growth potential. Positioned on a desirable corner lot, the property benefits from enhanced visibility, natural light, and improved accessibility for both residents and visitors.
The building features a highly desirable unit mix of three spacious 2-bedroom / 1.5-bath units, catering to small families, roommates, and professionals seeking larger floor plans in a high-demand rental market. Individually metered gas and electric service provides operational efficiency and reduced owner utility expenses. Additional tenant amenities include on-site parking and on-site laundry facilities, both highly valued features in this competitive North Hollywood corridor.
The property’s location is a key driver of its appeal. With quick access to the California State Route 170, tenants enjoy convenient connectivity to surrounding employment centers throughout the San Fernando Valley and greater Los Angeles area. The property is also located near Los Angeles Valley College, supporting consistent rental demand from students, faculty, and local professionals. Public transportation is easily accessible via the nearby North Hollywood station, providing Metro Rail and bus connections throughout the region.
Residents also benefit from close proximity to the vibrant NoHo Arts District, known for its theaters, restaurants, cafes, and entertainment venues. Nearby shopping centers and everyday retail further enhance convenience, making this an attractive living option for tenants seeking both accessibility and lifestyle amenities.
With its strong North Hollywood location, functional unit layout, corner-lot positioning, and proximity to transit, education, and entertainment hubs, 11667 Burbank Boulevard represents a compelling multifamily investment opportunity offering stable rental demand and long-term upside in one of the Valley’s most dynamic submarkets.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
The building features a highly desirable unit mix of three spacious 2-bedroom / 1.5-bath units, catering to small families, roommates, and professionals seeking larger floor plans in a high-demand rental market. Individually metered gas and electric service provides operational efficiency and reduced owner utility expenses. Additional tenant amenities include on-site parking and on-site laundry facilities, both highly valued features in this competitive North Hollywood corridor.
The property’s location is a key driver of its appeal. With quick access to the California State Route 170, tenants enjoy convenient connectivity to surrounding employment centers throughout the San Fernando Valley and greater Los Angeles area. The property is also located near Los Angeles Valley College, supporting consistent rental demand from students, faculty, and local professionals. Public transportation is easily accessible via the nearby North Hollywood station, providing Metro Rail and bus connections throughout the region.
Residents also benefit from close proximity to the vibrant NoHo Arts District, known for its theaters, restaurants, cafes, and entertainment venues. Nearby shopping centers and everyday retail further enhance convenience, making this an attractive living option for tenants seeking both accessibility and lifestyle amenities.
With its strong North Hollywood location, functional unit layout, corner-lot positioning, and proximity to transit, education, and entertainment hubs, 11667 Burbank Boulevard represents a compelling multifamily investment opportunity offering stable rental demand and long-term upside in one of the Valley’s most dynamic submarkets.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Property Facts
| Price | $1,196,169 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $398,723 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 3.02% | Building Size | 2,720 SF |
| Gross Rent Multiplier | 16.7 | No. Stories | 1 |
| No. Units | 3 | Year Built | 1957 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | LARD3 | ||
| Price | $1,196,169 CAD |
| Price Per Unit | $398,723 CAD |
| Sale Type | Investment |
| Cap Rate | 3.02% |
| Gross Rent Multiplier | 16.7 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,720 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Opportunity Zone |
Yes |
| Zoning | LARD3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 3 | - | - |
1 1
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (86)
Property Taxes
| Parcel Number | 2339-015-066 | Improvements Assessment | $219,529 CAD |
| Land Assessment | $117,945 CAD | Total Assessment | $337,475 CAD |
Property Taxes
Parcel Number
2339-015-066
Land Assessment
$117,945 CAD
Improvements Assessment
$219,529 CAD
Total Assessment
$337,475 CAD
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11667 Burbank Blvd
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