12045 Hart Street

North Hollywood, CA 91605

$1,400,000
Price
8
Beds
6
Baths
4,666 Sq. Ft.
$300 / Sq. Ft.
4,666
Sq. Ft.
$300
per Sq. Ft.

Description

We're pleased to present this six-unit building on a large R3 lot in a dynamic North Hollywood location. Imagine the possibilities .... The new owner can build 12 units by right or 15 units with a Tier I bonus. The area attracts high rents and is located close to everything the valley has to offer today. The current six units are in fairly good condition with 60% upside in income. There is a spacious parking lot in the rear. An exciting value-add opportunity on a great street!We're pleased to present this six-unit building on a large R3 lot in a dynamic North Hollywood location. Imagine the possibilities .... The new owner can build 12 units by right or 15 units with a Tier I bonus. The area attracts high rents and is located close to everything the valley has to offer today. The current six units are in fairly good condition with 60% upside in income. There is a spacious parking lot in the rear. An exciting value-add opportunity on a great street!

Property Details for 12045 Hart Street

Water Front
None
Zoning
LAR3
Style
Unknown
Cross Streets
One parcel east of Laurel Canyon Blvd.
Parcel Number
2321008027
Total Units
6.0
Living Area
4666
Source Living Area
Assessor
LISTING UPDATED: 12/27/2024 02:44 PM

Property Details for 12045 Hart Street

StatusActive
MLS #24-461839
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.22 AC / 9,383 SF
CountyLos Angeles County

Building Information for 12045 Hart Street

Stories2Residences-Year Built1953Building Size-Lot Size0.22 AC / 9,383 SF

Property Information for 12045 Hart Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Residential
  • View: Yes
  • View Description: Courtyard
  • View: Courtyard
  • Security Features: Automatic Gate, Window Bars
  • Direction Faces: South
  • Property Condition: Value Mainly In Land
  • Water: District
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Water Heater Unit
  • Building Permit: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $51,600
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.2154
  • Lot Size Square Feet: 9383
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 12
  • Covered Parking: 0
  • Open Other Spaces Total: 12
  • Carport Spaces Total: 12
  • Parking Features: Carport
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Ceiling Fan
  • Heating Type: Other
  • Flooring: Carpet, Laminate
  • Equipment: Ceiling Fan, Built-Ins
  • Interior Features: Ceiling Fan(s)
  • Cooking Appliances: Built-In And Free Standing
  • Laundry: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-08-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $700.00
  • Unit Actual Rent: $700.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $700.00
  • Unit Actual Rent: $700.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $750.00
  • Unit Actual Rent: $750.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $700.00
  • Unit Actual Rent: $700.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $700.00
  • Unit Actual Rent: $700.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 5
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $750.00
  • Unit Actual Rent: $750.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Percent: 38.49

Property History for 12045 Hart 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 12045 Hart Street

Taxable ValueLand$301,178Additions$188,485Total$489,663
Tax Record2024$6,980 ($582 / month)
Home Facts
Total Finished SqFt4,666 SqFtAbove Grade Finished SqFt4,666 SqFtLot Size9,450 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLAR3CountyLOS ANGELESAPN2321-008-027

Schools near 12045 Hart 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
Bellingham 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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12045 Hart Street is a multi-family home for sale in North Hollywood, CA 91605. This property was listed for sale on November 8, 2024 by Keller Williams Studio City, it's currently listed at $1,400,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Bellingham Elementary School, Roy Romer Middle School and North Hollywood Senior High School. 12045 Hart Street is a 8-bed, 6-bath, 4,666 sqft multi-family home built in 1953.

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 Studio City, Andrea Lamberger, DRE #01869860

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.