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11763 Hamlin St 8 Unit Apartment Building $1,955,000 ($244,375/Unit) 7.12% Cap Rate North Hollywood, CA 91606

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INVESTMENT HIGHLIGHTS

  • Balanced Unit Mix: Six 1-Bedroom/1-Bath and Two 2-Bedroom/2-Bath
  • Six of Eight Units Have Been Renovated
  • Gated Entry with Security Surveillance System
  • Ample On-Site Parking
  • Approved ADU Plans
  • On-Site Laundry Room - Leased Equipment

EXECUTIVE SUMMARY

11763 Hamlin Street presents a compelling multifamily investment opportunity in the heart of North Hollywood. The property consists of 8 well-configured units, including six 1-bedroom/1-bath units and two 2-bedroom/2-bath units, totaling approximately 6,647 rentable square feet on an 8,178 square foot lot. The unit mix is well-suited to strong and consistent rental demand, appealing to both singles and small families seeking housing in a centrally located submarket of the San Fernando Valley. The property benefits from efficient density, a favorable lot size, and an attractive balance of unit types that supports stable cash flow and long-term appreciation. Situated in North Hollywood, the asset enjoys proximity to major employment centers, freeway access, retail, dining, and transit options, making it a highly desirable location for renters. This offering represents an excellent opportunity for investors seeking a manageable-size multifamily asset with durable income, upside potential, and exposure to a proven Los Angeles rental market.
Please note the following:
1) Please Do Not Disturb Tenants
2) Interior inspections and access to books and records will be provided upon acceptance of an offer.
3) All offers must be submitted with proof of funds.
Broker and Agent make no representations or warranties regarding the accuracy of square footage, lot size, development potential, or any other information related to the property. All information has been provided by the Seller or obtained from public records or other sources deemed reliable but has not been independently verified. Buyer is advised to conduct their own due diligence and verify all information through personal inspection and verify all information through personal inspection and consultation with appropriate professionals.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS In Escrow

Price $1,955,000
Price Per Unit $244,375
Sale Type Investment
Cap Rate 7.12%
Gross Rent Multiplier 9.19
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 6,467 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.24/1,000 SF
Opportunity Zone Yes
Zoning LARD1.5 - low- to medium-density housing
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2322-020-035
Land Assessment
$754,290
Improvements Assessment
$1,113,228
Total Assessment
$1,867,518
  • Listing ID: 39165443

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 11763 Hamlin St, North Hollywood, CA 91606

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