We are proud to present a compelling 8-unit investment opportunity on an oversized 11,627 SF lot in a Prime North Hollywood location just blocks to the NoHo Arts District Hot Spots and ~1 Mile from Toluca Lake. The property is offered for sale for the first time in ~40 Years!… Read More The property is delivered with a vacant, oversized 3-bedroom / 2-bath owner's unit totaling 1,568 SF, providing immediate rental upside, an ideal owner-user scenario, or a premium renovation opportunity to push rents quickly. Coupled with an expansive lot and favorable zoning, the asset offers multiple paths to value creation, including the potential development of ADUs (Buyer to verify feasibility). Situated at 11130 Huston Street, this stunning 1963 mid-century construction features a strong and desirable unit mix comprised of (1) 3Bed / 2 Bath owner's unit, (4) 2 Bed / 2 Bath units, and (3) 1 Bed / 1 Bath units. The improvements total 7,744 SF and are located on an R3, Tier 3 TOC-zoned parcel, positioning the property for long-term density upside, redevelopment optionality, and accelerated appreciation. The oversized footprint and high-density zoning significantly differentiate this offering from competing assets in the submarket, making it an exceptional candidate for ADU development and future repositioning. Tucked on a quiet, well-kept street yet steps from premier retail, dining, and entertainment, the property boasts a Walk Score of 91 ("Walker's Paradise"), a key driver of tenant demand and rent growth. This is a rare opportunity to acquire scale, land, and zoning leverage in one of Los Angeles' most desired and rent-resilient rental markets, offering investors immediate upside, multiple exit strategies, and long-term wealth creation potential. **Disclosure:** Buyers are advised to conduct thorough due diligence, including verification of building square footage, unit count, lot size, legalbedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility ofconstructing ADUs, additional units, and/or development feasibly.**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY ** Read Less
Property listed by Remax Commercial and Investment Realty, Eric Dilanian 213-817-1000
Listing Snapshot
Days Online
54
Last Updated
Beds
14
3/4 Baths
13
Square Ft.
7,744
Lot Size
0.27 Acres
Year Built
1963
MLS Number
26841001
Additional Details
Building
Built in 1963, Living area: 7744.0, 1 building, 2 stories, Levels: Two
Cooling
CentralAir, WallWindowUnits
Heating
Central, WallFurnace
Income
Gross Income: $212,352, Net Operating Income: $124,216
Laundry
CommonArea
Lot
0.2669 acres, Dimensions: 75x155
Parking
8 total parking spaces, Carport, Garage
Taxes
Parcel Number: 2353020029, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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