11341 Victory Blvd
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11341 Victory Blvd
11 Unit Apartment Building $3,350,000 ($304,545/Unit) North Hollywood, CA 91606
Executive Summary
Strategically located on Victory Blvd, this 11-unit 7,030 square foot apartment building located in the heart of North Hollywood sits on an 11,988 square foot R3-zoned lot. This property features a secure gated entrance, a welcoming courtyard for residents, community laundry facilities, and ample parking. With rents currently below market value, there's great potential for rental income growth. Provides easy access to 101, 170 and 5 freeways, shopping, dining, and public transit such as the Redline. Nearby Burbank Airport, University City, NOHO Arts District and North Hollywood Park. Excellent investment opportunity with strong potential for income growth!
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$190,044
|
$27.03
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$190,044
|
$27.03
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $190,044 |
| Annual Per SF | $27.03 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $190,044 |
| Annual Per SF | $27.03 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $3,350,000 | Building Class | C |
| Price Per Unit | $304,545 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 7,030 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1977 |
| Apartment Style | Low Rise | Parking Ratio | 1.56/1,000 SF |
| Price | $3,350,000 |
| Price Per Unit | $304,545 |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 7,030 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.56/1,000 SF |
Site Amenities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
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Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 2336-014-009 | Improvements Assessment | $690,825 (2024) |
| Land Assessment | $690,825 (2024) | Total Assessment | $1,381,650 (2024) |
PROPERTY TAXES
Parcel Number
2336-014-009
Land Assessment
$690,825 (2024)
Improvements Assessment
$690,825 (2024)
Total Assessment
$1,381,650 (2024)
zoning
| Zoning Code | R1, Los Angeles |
| R1, Los Angeles |
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11341 Victory Blvd
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