11447 Tiara Street Unit 1, North Hollywood, CA 91601

$1,345,000
10
BD
9
BA
5,210
SqFt

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Sold Price
$1,345,000
List Price
$1,475,000
Closing Date
Apr 03, 2026
Status
CLOSED
MLS#
25625857
Year Built
1957
Bedrooms
10
Bathrooms
9
Living Sq. Ft
5,210
Lot Size
7,039
Acres
0.16
Days on Market
54
Property Type
Multifamily
Stories
Two Levels

Property Description

11447 Tiara St presents an attractive eight-unit multifamily investment opportunity located in the highly desirable North Hollywood 91601 submarket. Built in 1957, this 5,210 SF, two-story property sits on a 7,037 SF lot and is zoned LAR3. The asset offers stable in-place income with meaningful pro forma upside, supported by a strong rent-to-market gap and 100% occupancy at the time of underwriting. The property benefits from six on-site parking spaces, separately metered gas and electric, and updated unit interiors featuring modern kitchens, bathrooms, flooring, and in-unit laundry in select units, driving tenant retention and rent growth. Ideally positioned just south of the North Hollywood Metro Station and in the heart of the NoHo Arts District, the asset offers tenants walkable access to dining, entertainment, and employment hubs, while providing investors with strong long-term tenant demand, ADU or redevelopment optionality under LAR3 zoning (buyer to verify), and multiple executable paths to grow NOI and long-term equity.

Additional Information

Attached Structure
Detached
Number Of Units Total
8
Levels
Two

Listing courtesy of Listing Agent: Tony Azzi (tazzi@theazzigroup.com) from Listing Office: Tony Azzi.

Listing sold by Subscriber Non from Non-Participant Office

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.