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11341 Victory Boulevard

North Hollywood, CA 91606
  • $3,350,000
  • STATUS: Active
  • ON SITE: 171 Days
  • MLS #: GD24201100
UPDATED: 98 min ago
$3,350,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Listing Agent(s): Tamar Hacikian of Keller Williams R. E. Services (818-432-3200)


Description

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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/156109413
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11341 Victory Boulevard North Hollywood, CA 91606

  • Price: $3,350,000
  • Status: Active
  • On Site: 171 Days
  • Updated: 98 min ago
  • MLS #: GD24201100
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1977
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
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!
Exterior Features

Carport YN Yes Entry Level 1 Entry Location 1 Lot Features Front YardNear Public Transit Number Of Separate Electric Meters 11 Parking Features Attached CarportCoveredUncovered Parking Total 11 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features ParkSidewalks Garage YN Yes Gross Income 190044 Gross Scheduled Income 190044 Insurance Expense 4825 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 123554 New Construction YN No Number Of Separate Gas Meters 11 Number Of Separate Water Meters 1 Number Of Units Leased 11 Operating Expense 66490 Property Sub Type Apartment Rent Control YN Yes Security Features Security Gate Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 15837 Trash Expense 4470 Water Sewer Expense 11240 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Tamar Hacikian of Keller Williams R. E. Services (818-432-3200)