11461 Albers Street

North Hollywood, CA 91601

$2,300,000
Price
5
Beds
15
Baths
9,747 Sq. Ft.
$236 / Sq. Ft.
9,747
Sq. Ft.
$236
per Sq. Ft.

Description

11461 Albers Street is located between Camellia Avenue and Tujunga Avenue in the Arts District of North Hollywood. This multifamily property has twelve units, seven two-bedrooms, and five one-bedroom apartments spread over 9,747 square feet on 13,020 square feet of land and was built in 1964. The building is situated four blocks from the North Hollywood Reception Center, The Cage Roller Hockey Rink, four blocks from the North Hollywood Metro train station, five blocks from NOHO central arts district;...11461 Albers Street is located between Camellia Avenue and Tujunga Avenue in the Arts District of North Hollywood. This multifamily property has twelve units, seven two-bedrooms, and five one-bedroom apartments spread over 9,747 square feet on 13,020 square feet of land and was built in 1964. The building is situated four blocks from the North Hollywood Reception Center, The Cage Roller Hockey Rink, four blocks from the North Hollywood Metro train station, five blocks from NOHO central arts district; that features plethora art, cafes, restaurants, studios, bars, workspaces, shopping and a vital employment hub for the North Hollywood. Don't miss out on this investment opportunity!
  1. Listed by Alex Matevosian • DRE #02047572 • Brokerage DRE #02211621 • MIG Commercial Real Estate Ser

Property Details for 11461 Albers Street

Parking Spaces Total
0
Private Pool
Yes
Total Units
12.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
2+ Common Walls
New Construction
No
Average Studio Area Units
Square Feet
LISTING UPDATED: 12/07/2024 05:56 AM

Property Details for 11461 Albers Street

StatusActive
MLS #GD24245783
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income / Combo - Res and Com
Year Built1964
Lot Size0.30 AC / 13,016 SF
CountyLos Angeles County

Building Information for 11461 Albers Street

Stories2Residences-Year Built1964Lot Size0.30 AC / 13,016 SF

Property Information for 11461 Albers Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $164,316
  • Gross Scheduled Income: $164,316
  • Net Operating Income: $90,816
Expense Details
  • Operating Expense: $73,500
  • Insurance Expense: $6,500
  • Professional Management Expense: $8,700
  • Trash Expense: $5,000
  • Water Sewer Expense: $2,000
  • Total Expenses: $73,500
Tax / Assessment Info
  • Tax Tract Number: 1455
  • Tax Census Tract: 1252.00
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Biking, Dog Park, Park, Mountainous, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Street
  • Pool Features: Private, In Ground
Land/Lot Info
  • Lot Features: Yard
  • Land Lease: No
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $31,056
  • Unit Type Pro Forma: 54762
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $65,448
  • Unit Type Pro Forma: 68065
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,280
  • Unit Type Total Rent: $67,812
  • Unit Type Pro Forma: 70524
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1

Property History for 11461 Albers Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11461 Albers Street

Taxable ValueLand$205,202Additions$382,735Total$587,937
Tax Record2024$8,665 ($722 / month)
Home Facts
Total Finished SqFt9,747 SqFtAbove Grade Finished SqFt9,747 SqFtLot Size13,016 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLAR4CountyLOS ANGELESAPN2350-007-042

Schools near 11461 Albers Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lankershim Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Amelia Earhart Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11461 Albers Street is a mixed use property for sale in North Hollywood, CA 91601. This property was listed for sale on December 7, 2024 by MIG Commercial Real Estate Ser, it's currently listed at $2,300,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Lankershim Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 11461 Albers Street is a 5-bed, 15-bath, 9,747 sqft mixed use property built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MIG Commercial Real Estate Ser, Alex Matevosian, DRE #02047572

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.