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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



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.
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 | Building Class | C |
| Price Per Unit | $244,375 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 6,467 SF |
| Cap Rate | 7.12% | Average Occupancy | 100% |
| Gross Rent Multiplier | 9.19 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1963 |
| Property Type | Multifamily | Parking Ratio | 1.24/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | LARD1.5 - low- to medium-density housing | ||
| 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 |
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 2322-020-035 | Improvements Assessment | $1,113,228 |
| Land Assessment | $754,290 | Total Assessment | $1,867,518 |
PROPERTY TAXES
Parcel Number
2322-020-035
Land Assessment
$754,290
Improvements Assessment
$1,113,228
Total Assessment
$1,867,518
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11763 Hamlin St
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