Los Angeles, Residential Income – 11312 Huston St, North Hollywood, CA 91601, USA -001-11-30T00:00:00-08:00
Marcus and Millichap is pleased to announce the sale of 11312 Huston Street, a unique opportunity to own a full 14-unit condominium community in the southern portion of the NoHo Arts District, just one block from Toluca Lake and two blocks from Studio City.
11312 Huston St, North Hollywood, CA 91601, USA
$9,425,000 USD
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Address11312 Huston Street, North Hollywood
Price$9,425,000
Price Changed4.79% (-$475,000, 43 days ago)
Year Built2011
Bedrooms Total0
Living Area21,250
Lot Size (Sq.Ft.)13,169
Listing ID17243746
StatusActive
Parcel Number2353023060
ZoningLAR3
Special ConditionsStandard
Days on Market96

Detailed Description: Marcus and Millichap is pleased to announce the sale of 11312 Huston Street, a unique opportunity to own a full 14-unit condominium community in the southern portion of the NoHo Arts District, just one block from Toluca Lake and two blocks from Studio City. The entire building consists of large units averaging over 1,500 sq.ft, featuring at least three bedrooms each, and saturated with condominiumquality amenities. Constructed in 2011, the property is not subject to Los Angeles Rent Control and it carries a recorded condominium tract map (Tract 67599). Each of the spacious units includes its own in-unit washer / dryer, central air / heat, stainless steel appliances, designer cabinets, high ceilings, recessed lighting, and custom walkin closets. Interiors also feature luxury vinyl plank flooring with tile kitchens and bathrooms, granite countertops, and semi-recessed bathroom sinks. Each unit includes its own private balcony and penthouse units also contain lofts.

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Address Information
Address11312 Huston Street, North Hollywood
Street SuffixStreet
CityNorth Hollywood
Location (MLS Area)NHO – North Hollywood
County Or ParishLos Angeles
State or ProvinceCA
Postal Code91601
Financial Information
Price Changed-4.798%
Previous Price$9,900,000
Price per Square Foot$443.53
Price per Lot Square Foot$715.70
Special ConditionsStandard
Total Expenses$177,380
Gross Operating Income$572,940
Net Operating Income$379,272
Gross Multiplier16.45%
Improvements Amount$381,734
Land Value$200,004
Tax Year2000
Full Descriptions
Parcel Number2353023060
Detailed DescriptionMarcus and Millichap is pleased to announce the sale of 11312 Huston Street, a unique opportunity to own a full 14-unit condominium community in the southern portion of the NoHo Arts District, just one block from Toluca Lake and two blocks from Studio City. The entire building consists of large units averaging over 1,500 sq.ft, featuring at least three bedrooms each, and saturated with condominiumquality amenities. Constructed in 2011, the property is not subject to Los Angeles Rent Control and it carries a recorded condominium tract map (Tract 67599). Each of the spacious units includes its own in-unit washer / dryer, central air / heat, stainless steel appliances, designer cabinets, high ceilings, recessed lighting, and custom walkin closets. Interiors also feature luxury vinyl plank flooring with tile kitchens and bathrooms, granite countertops, and semi-recessed bathroom sinks. Each unit includes its own private balcony and penthouse units also contain lofts.
Lot FeaturesSprinklers None
Laundry FeaturesSee Remarks
Parking FeaturesSubterranean
Property parameters
Year Built2011
Living Area (Sq.Ft.)21,250
Lot Size (Sq.Ft.)13,169
Lot Size (Acres)0.3
Lot Size SourceAssessor
Number of Buildings1
Number of Units Total14
ZoningLAR3
Stories Total4
Units Total14
Cap Rate (For Cash Payment Only)4.02
Listed withRoderick “Rick” Raymundo (Marcus & Millichap)