11966 Saticoy St - Apartments FOR SALE


North Hollywood, CA 91605
$2,200,000 USD
818-381-6601
11966 Saticoy St, North Hollywood, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/13
null | 5.59% Cap Rate

11966 Saticoy St
North Hollywood, CA 91605


HIGHLIGHTS

  • Great North Hollywood Location
  • Large Lot 37,453 Square Feet
  • Bungalow Style Units
  • ADU Potential
  • Secured Entry
  • One Non-Conforming Unit

OVERVIEW

The APLA Group Is proud to Present 11966 Saticoy Street a Prime North Hollywood Investment Opportunity!   This multi-unit property offers an excellent mix of Bungalow Style Units with 4 Bedroom and two bath house divided into Two Bedroom and One Bath Units (One Non-Conforming), a Three Bedroom and One Bathhouse, and 5 One Bedroom and One Bath Houses . With a spacious lot of approximately 37,453 sq. ft., there's ADU potential for added value. The property includes on-site parking with storage, on-site laundry, and each unit is individually metered for gas and electric—maximizing cash flow and rental upside.   Located in a sought-after neighborhood, it's within walking distance to public transit and shopping, with easy access to CA-170 and I-5 freeways. Plus, you're just minutes from Burbank Airport, making this location incredibly convenient for tenants.   An ideal investment for those looking to capitalize on rental growth and development opportunities.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$328 USD /SF

# OF UNITS

7

PRICE/UNIT

$314,286

CAP RATE

5.59%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bungalow Style Units on 37,453 Lot

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,453 SF

ZONING

LAR1

APN/PARCEL ID

2324-002-900

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.