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$ 1,100,000
Est. payment | /mo
2,958 SqFt
$ 1,100,000
Est. payment | /mo
2,958 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,958 sqft
Price per Sqft $371
MLS Listing ID CL26845199
HOA Y/N No
Year Built 1937
Lot Size 7,515 Sqft
Acres 0.1725
Property Sub-Type Other
Property Description
We are pleased to present 11017 Hartsook Street, a six-unit multifamily investment opportunity located in the heart of North Hollywood's NoHo Arts District. Over the past decade, this vibrant neighborhood has undergone significant revitalization, evolving into one of Los Angeles' premier live work and play destinations with a strong appeal to residents seeking a walkable, transit-oriented lifestyle. The surrounding neighborhood continues to benefit from significant public and private investment, supporting strong rental demand, long-term occupancy stability, and sustained appreciation potential.The property is ideally situated within walking distance of the North Hollywood Metro Station and the eclectic restaurants, cafs, boutiques, comedy clubs, and acting studios that define the NoHo Arts District. Additionally, the location provides exceptional access to many of Southern California's premier employers, including Disney, NBCUniversal, Warner Bros., and the broader Burbank Media District, making it an attractive housing option for professionals working in the entertainment and creative industries. The area is also supported by a strong healthcare employment base, with both Providence Saint Joseph Medical Center and Kaiser Permanente located nearby. The convenient connectivity to jobs in Downtown LA via the Metro Red Line subway, or the 101, 134, and 5 Freeways is another major bonus.Constructed in 1937, the property consists of three (3) one-bedroom/one-bath units, two (2) studio units, and one (1) bachelor unit encompassing approximately 2,958 square feet of rentable area on a 7,513 square foot lot. The unit mix caters to working professionals and individuals seeking an affordable housing option in one of the Valley's most dynamic neighborhoods.The asset presents investors with multiple avenues for value creation. In addition to stable in place cash flow, the property features rear alley access and three detached garages, two of which are currently vacant and may offer the potential for accessory dwelling unit (ADU) conversion (Buyer to verify). Furthermore, the property is zoned LAR4 and is located within both a Tier 2 Transit Oriented Incentive Area and a Tier 3 Transit Oriented Community, providing substantial long-term redevelopment optionality. Offered at approximately $372 per square foot, the property represents an estimated 38% discount to today's replacement cost of roughly $600 per square foot, providing investors with the opportunity to acquir
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Heating Floor Furnace
Fireplace No
Laundry No Hookups
Building
New Construction No
Others
Tax ID 2353006020
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Gregory Shindler • Marcus & Millichap
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