11763 Hamlin Street

North Hollywood, CA 91606

$2,050,000
Price
10
Beds
10
Baths
6,467 Sq. Ft.
$317 / Sq. Ft.
6,467
Sq. Ft.
$317
per Sq. Ft.

Description

We are pleased to offer this eight unit investment opportunity, located in the City of North Hollywood. The unit mix consists of six 1+1 and two 2+2 units. The investment consists of approximately 6,467 of rentable square feet and is situated on an approximately 8,178 square foot parcel. Recent property upgrades include a new surveillance system, new exterior lighting, new exterior building and unit numbers, and five of the units have recently been renovated. The building amenities include a large...We are pleased to offer this eight unit investment opportunity, located in the City of North Hollywood. The unit mix consists of six 1+1 and two 2+2 units. The investment consists of approximately 6,467 of rentable square feet and is situated on an approximately 8,178 square foot parcel. Recent property upgrades include a new surveillance system, new exterior lighting, new exterior building and unit numbers, and five of the units have recently been renovated. The building amenities include a large parking area with nine total spaces, a an on-site laundry room for additional income, and the property is separately metered for electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is subject to the Los Angeles Soft-Story Retrofit Program.
  1. Listed by Griffin White • DRE #02031785 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 11763 Hamlin Street

Zoning
LARD1.5
Parcel Number
2322020035
Total Units
8.0
Living Area
6467
Source Living Area
Vendor Enhanced
Area
North Hollywood (NHO)
Vacancy Rate
2%
Lot Size Area
8178
LISTING UPDATED: 09/25/2024 02:46 PM

Property Details for 11763 Hamlin Street

StatusActive
MLS #24-420243
Days on Market121
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.19 AC / 8,178 SF
CountyLos Angeles County

Building Information for 11763 Hamlin Street

Stories2Residences-Year Built1963Building Size-Lot Size0.19 AC / 8,178 SF

Property Information for 11763 Hamlin Street

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Income
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $200,728
  • Net Operating Income: $131,976.00
  • Gross Income: $204,787
  • Cap Rate: 6.44%
  • Gross Rent Multiplier: $10.10
  • Total Annual Expense: 68752
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 8178
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 9
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Ceiling Fan
  • Heating Type: Wall Gas
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-26-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,582.00
  • Unit Actual Rent: $2,582.00
  • Unit Projected Rent: $3,052.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,096.00
  • Unit Actual Rent: $2,096.00
  • Unit Projected Rent: $2,407.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,657.00
  • Unit Actual Rent: $2,657.00
  • Unit Projected Rent: $3,052.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,347.00
  • Unit Actual Rent: $2,347.00
  • Unit Projected Rent: $2,407.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,658.80
  • Unit Actual Rent: $1,658.80
  • Unit Projected Rent: $2,407.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,096.00
  • Unit Actual Rent: $2,096.00
  • Unit Projected Rent: $2,407.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,178.80
  • Unit Actual Rent: $1,178.80
  • Unit Projected Rent: $2,407.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,407.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113

Property History for 11763 Hamlin 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 11763 Hamlin Street

Taxable ValueLand$739,500Additions$1,093,450Total$1,832,950
Tax Record2024$23,207 ($1,934 / month)
Home Facts
Total Finished SqFt6,467 SqFtAbove Grade Finished SqFt6,467 SqFtLot Size8,178 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLARD1.5CountyLOS ANGELESAPN2322-020-035

Schools near 11763 Hamlin 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
Charter - K to 8
Rating
School
Distance
Victory Boulevard Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

ISANA Palmati Academy
CharterK to 8

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.

Similar Homes

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11763 Hamlin Street is a multi-family home for sale in North Hollywood, CA 91606. This property was listed for sale on July 26, 2024 by BRC Advisors- BH, it's currently listed at $2,050,000. It has been on the market for a total of 121 days and was last sold on October 5, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Victory Boulevard Elementary School, Roy Romer Middle School and North Hollywood Senior High School. 11763 Hamlin Street is a 10-bed, 10-bath, 6,467 sqft multi-family home built in 1963.

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 BRC Advisors- BH, Griffin White, DRE #02031785

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.