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11175 Huston St
North Hollywood, CA 91601
Huston Galleria Apartments · Multifamily Property For Sale
·
40 Units
Investment Highlights
- Intrinsic Value – Add 18 ADUs (10 attached, 8 detached) with no parking loss; expand to 58 units.
- ADU Upside – Projected 7.84% cap, 8.62 GRM, and 20.23% avg annual return post-construction.
- Recent Upgrades – Copper plumbing, new roof, new subpanels, upgraded water heaters.
- 9.24% Intrinsic Cap Rate – Full upside after ADU build-out and income optimization.
- Current Metrics – $210K/unit, 5.39% cap, 11.13 GRM, with 41% upside (excluding ADUs).
- Location – Prime NoHo Arts District; less than 1 mile to Metro; near Universal & Burbank Media District.
Property Facts
| No. Units | 40 | Lot Size | 0.53 AC |
| Property Type | Multifamily | Building Size | 24,098 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.66/1,000 SF |
| Zoning | LAR3 - Residential | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 24,098 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | LAR3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Individual Locking Bedrooms
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | $1,528 | - |
| 1+1 | 32 | $1,560 | - |
Property Taxes
| Parcel Number | 2353-017-011 | Improvements Assessment | $2,251,935 |
| Land Assessment | $1,501,281 | Total Assessment | $3,753,216 |
Property Taxes
Parcel Number
2353-017-011
Land Assessment
$1,501,281
Improvements Assessment
$2,251,935
Total Assessment
$3,753,216
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