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11234 Hatteras, North Hollywood, CA 91601

North Hollywood
Local realty services provided by:CENTURY 21 Masters
11234 Hatteras,North Hollywood, CA 91601
$1,250,000
  • - Beds
  • - Baths
  • 3,893 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi, david lopez
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26124609
Source:CRMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$321.09

About this home

11234 Hatteras Street presents a rare opportunity to acquire a 5-unit multifamily asset on an expansive 13,077 SF lot in the heart of North Hollywood, one of the San Fernando Valley’s most active and evolving rental submarkets. The property consists of 3,893 SF of existing improvements and features a desirable mix of 1, 2, and 3-bedroom units. With in-place rents below projected market levels, the asset offers immediate and long-term upside through rent growth, improved operations, and strategic repositioning. The property’s most compelling value-add opportunity is its significant ADU development potential. The large vacant side yard may provide the opportunity to construct up to five new ADUs, creating substantial additional rental income and long-term value. Illustrative development projections indicate the potential construction of five new 850 SF ADUs, resulting in a projected stabilized 7.0% cap rate and an estimated exit value of approximately $2,650,000, representing...

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Home facts

  • Year built:1924
  • Listing ID #:SB26124609
  • Added:144 day(s) ago
  • Updated:October 31, 2026 at 12:45 PM

Rooms and interior

  • Living area:3,893 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:3,893 sq. ft.
  • Lot area:0.3 Acres
  • Lot Features:Corner Lot, Front Yard, Near Public Transit, Paved, Value In Land, Yard

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$321.09

Parking

  • Total parking spaces:4
  • Parking description:Assigned, Driveway, Garage, Garage Faces Front, Paved, Private
  • Garage:Yes
  • Garage spaces:4
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Masters is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Masters, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Randy Keith Thompson

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