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11741 Saticoy St
North Hollywood, CA 91605
Attractive $151K/Unit | 36 Units Vacant · Multifamily Property For Sale
·
85 Units
Investment Highlights
- Rare Offering – Only Two Properties with 85+ Units Have Sold in the Entire San Fernando Valley in Past 12 Months (Source: CoStar COMPS)
- Immediate Repositioning Opportunity – May Be Deliverable with 36 Units Vacant
- Offered for Sale for First Time in 35 Years
- Available for Only $151,647 per Unit – Cost-Effective Entry Point for Substantial Foothold in the San Fernando Valley
- Full Copper Plumbing, Several New Electric Subpanels
- Sprawling 1.28 Acre Lot with LAR3 Zoning
Property Facts
| No. Units | 85 | Lot Size | 1.28 AC |
| Property Type | Multifamily | Building Size | 35,825 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 2.4/1,000 SF |
| Zoning | R3-1, Los Angeles | ||
| No. Units | 85 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.28 AC |
| Building Size | 35,825 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 2.4/1,000 SF |
| Zoning | R3-1, Los Angeles |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 35 | $988.50 | 290 |
| 1+1 | 49 | $1,100 | 500 |
| 2+2 | 1 | $2,095 | 900 |
Property Taxes
| Parcel Number | 2317-007-005 | Improvements Assessment | $3,800,000 |
| Land Assessment | $8,000,000 | Total Assessment | $11,800,000 |
Property Taxes
Parcel Number
2317-007-005
Land Assessment
$8,000,000
Improvements Assessment
$3,800,000
Total Assessment
$11,800,000
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