11936 Hart St 12 Unit Apartment Building $3,462,275 CAD ($288,523 CAD/Unit) 5.13% Cap Rate North Hollywood, CA 91605

Welcome to 11936 Hart St, a well-maintained 12-unit apartment community situated in the heart of North Hollywood, one of the San Fernando Valley’s most dynamic and high-demand rental markets. This exceptional property offers an ideal investment opportunity with a desirable unit mix consisting of 4 Bachelors, 4 One-Bedroom/One-Bath units, and 4 Two-Bedroom/One-and-a-Half-Bath units, appealing to a wide range of renters. The property sits on a corner lot and features a secure, gated entry, providing residents with both comfort and peace of mind. Amenities include on-site gated parking and a convenient on-site laundry facility, enhancing tenant satisfaction and long-term stability. Each unit is individually metered for gas and electricity, ensuring efficient management and reduced ownership expenses. Located in a prime North Hollywood location, the property benefits from excellent accessibility. Just a short distance to the CA-170 and I-5 freeways, residents enjoy easy commutes throughout Los Angeles. The property is also near major conveniences including the Costco Business Center, Home Depot, and numerous shopping and dining options. For those who travel frequently, the Hollywood Burbank Airport is only minutes away, while public transit options are readily accessible for local commuters. With its strong rental demand, gated security features, on-site amenities, and unbeatable location, 11936 Hart St stands out as a rare opportunity for investors seeking a stable, income-producing asset in a thriving neighborhood. This is an excellent chance to acquire a high-performing multifamily property in one of Los Angeles’ most desirable rental submarkets.
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