11966 Saticoy St

North Hollywood, CA 91605

$1,980,000
Last Sold Price
6
Beds
7
Baths
6,716 Sq. Ft.
$295 / Sq. Ft.
6,716
Sq. Ft.
$295
per Sq. Ft.

Description

11966 Saticoy Street, a Prime North Hollywood Investment Opportunity!
  This multi-unit property offers an excellent mix of Bungalow Style Units with 4 Bedroom and two bath house divided into Two Bedroom and One Bath Units (One Non-Conforming), a Three Bedroom and One Bathhouse, and 5 One Bedroom and One Bath Houses. There's ADU potential for added value with a spacious lot of approximately 37,453 sq. ft.. The property includes on-site parking with storage and on-site laundry, and each unit is individually
...11966 Saticoy Street, a Prime North Hollywood Investment Opportunity!

  This multi-unit property offers an excellent mix of Bungalow Style Units with 4 Bedroom and two bath house divided into Two Bedroom and One Bath Units (One Non-Conforming), a Three Bedroom and One Bathhouse, and 5 One Bedroom and One Bath Houses. There's ADU potential for added value with a spacious lot of approximately 37,453 sq. ft.. The property includes on-site parking with storage and on-site laundry, and each unit is individually metered for gas and electricity—maximizing cash flow and rental upside.

  Located in a sought-after neighborhood, it's within walking distance to public transit and shopping, with easy access to CA-170 and I-5 freeways. Plus, you're just minutes from Burbank Airport, making this location incredibly convenient for tenants.

  An ideal investment for those looking to capitalize on rental growth and development opportunities.
  1. Listed by James Antonucci • DRE #01822661 • Brokerage DRE #01428774 • Keller Williams Realty-Studio City • 818-381-6601
  2. Listed by Michael Pesci • DRE #01274379 • Brokerage DRE #01428774 • Keller Williams Studio City

Property Details for 11966 Saticoy Street

Parking Spaces Total
7
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6716
Assessor Parcel Number
2317-012-008
Property Attached YN
true
LISTING UPDATED: 03/19/2025 04:26 AM

Property Details for 11966 Saticoy Street

StatusClosed
MLS #SR24219067
Days on Market101
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty-Studio City, James Antonucci, DRE #01822661; Keller Williams Studio City, Michael Pesci, DRE #01274379

Sold By Keller Williams Realty-Studio City, James Antonucci, DRE #01822661

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Building Information for 11966 Saticoy Street

Building/Complex11966 Saticoy StFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1947Building Size-

Payment Calculator

$12,360 per month

30 year fixed, 6.845% Interest

Principal and Interest

$10,374

Property Taxes

$1,986

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11966 Saticoy Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $188,232
  • Gross Scheduled Income: $188,232
  • Vacancy Allowance: 5647
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $182,585
  • Net Operating Income: $122,906
  • Gross Multiplier: 11.69
  • Cap Rate: 5.59
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $59,679
  • Operating Expense Percent: 31.70%
  • New Taxes Expense: $27,500
  • Gardener Expense: $1,500
  • Fuel Expense: $3,760
  • Electric Expense: $3,760
  • Insurance Expense: $6,716
  • Professional Management Expense: $0
  • Trash Expense: $2,880
  • Water Sewer Expense: $3,760
  • Total Expenses: $59,679
Tax / Assessment Info
  • Tax Tract Number: 2317
  • Tax Census Tract: 1224.10
  • CFD/Mello-Roos Fee: $2,423
  • Tax Lot: 46
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 7
  • Parking Garage Spaces: 7
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 5
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $9,565
  • Unit Type Total Rent: $9,565
  • Unit Type Pro Forma: 9600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • 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: $2,137
  • Unit Type Total Rent: $2,137
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,837
  • Unit Type Total Rent: $1,837
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 11966 Saticoy Street

DateEvent & SourcePriceAppreciation
Mar 18, 2025

Sold

CRMLS #SR24219067

$1,980,000—
Mar 18, 2025

Sold

SDMLS #SR24219067

$1,980,000—
Mar 18, 2025

Sold

CLAW #SR24219067MR

$1,980,000—
Mar 12, 2025

Sold (Public Record)

Public Record #1553101237

$1,980,000—
Jan 31, 2025

Pending

CLAW #SR24219067MR

—
Jan 31, 2025

Pending

SDMLS #SR24219067

—
Jan 31, 2025

Accepting Backup Offers

CLAW #SR24219067MR

—
Jan 31, 2025

Accepting Backup Offers

SDMLS #SR24219067

—
Jan 31, 2025

Accepting Backup Offers

CRMLS #SR24219067

—
Oct 22, 2024

Listed (Active)

SDMLS #SR24219067

$2,200,000—
Oct 22, 2024

Listed (Active)

CRMLS #SR24219067

$2,200,000—
Oct 22, 2024

Listed (Active)

CLAW #SR24219067MR

$2,200,000—
DateEvent & SourcePrice
03/18/2025

Sold

CRMLS #SR24219067

$1,980,000
03/18/2025

Sold

SDMLS #SR24219067

$1,980,000
03/18/2025

Sold

CLAW #SR24219067MR

$1,980,000
03/12/2025

Sold (Public Record)

Public Record #1553101237

$1,980,000
01/31/2025

Pending

CLAW #SR24219067MR

—
01/31/2025

Pending

SDMLS #SR24219067

—
01/31/2025

Accepting Backup Offers

CLAW #SR24219067MR

—
01/31/2025

Accepting Backup Offers

SDMLS #SR24219067

—
01/31/2025

Accepting Backup Offers

CRMLS #SR24219067

—
10/22/2024

Listed (Active)

SDMLS #SR24219067

$2,200,000
10/22/2024

Listed (Active)

CRMLS #SR24219067

$2,200,000
10/22/2024

Listed (Active)

CLAW #SR24219067MR

$2,200,000

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

Public Records for 11966 Saticoy Street

Taxable ValueLand$1,020,000Additions$765,000Total$1,785,000
Tax Record2024$23,838 ($1,986 / month)
Home Facts
Total Finished SqFt6,716 SqFtAbove Grade Finished SqFt6,716 SqFtLot Size37,453 SqFtStyleMulti-Family Res (5+ Units)Year Built1947ZoningLAR1CountyLOS ANGELESAPN2317-012-008

Schools near 11966 Saticoy Street

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

John H. Francis Polytechnic
Public9 to 12

ISANA Cardinal 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.

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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 Keller Williams Realty-Studio City, James Antonucci, DRE #01822661; Keller Williams Studio City, Michael Pesci, DRE #01274379

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.