11966 Saticoy Street
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Description
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.
- Listed by James Antonucci • DRE #01822661 • Brokerage DRE #01428774 • Keller Williams Realty-Studio City • 818-381-6601
- Listed by Michael Pesci • DRE #01274379 • Brokerage DRE #01428774 • Keller Williams Studio City
Property Details for 11966 Saticoy Street
Property Details for 11966 Saticoy Street
| Status | Active |
|---|---|
| MLS # | SR24219067 |
| Days on Market | 69 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1947 |
| County | Los Angeles County |
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Building Information for 11966 Saticoy Street
Property Information for 11966 Saticoy Street
- Tenant Pays: Electricity, Gas
- 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
- 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 Tract Number: 2317
- Tax Census Tract: 1224.10
- CFD/Mello-Roos Fee: $2,423
- Tax Lot: 46
- Community Features: Sidewalks, Street Lights, Urban
- Laundry: Yes
- Laundry Features: Community
- Virtual Tour URL Branded: https://vimeo.com/aplagroup/11966saticoyst
- Virtual Tour URL Unbranded: https://www.hshprodmls2.com/11966saticoy-st
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- 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
- Garage Spaces: 7
- Parking Garage Spaces: 7
- Carport Spaces: 0
- 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 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 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
- 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
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 11966 Saticoy Street
Schools near 11966 Saticoy Street
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 | ||
Sun Valley Engineering And Technology Magnet Public6 to 12 | ||
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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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.