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Coming Soon on 6/10·Multi-Family (5 Units)

$1,250,000

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11234 Hatteras, North Hollywood CA 91601

11 beds7 baths3,893 sqft

Multi-Family (5 Units)

Property type

1 day

On market

$321

Price per sqft

4 cars

Garage

1924

Year built

13,081 sqft

Lot size

Home highlights

Corner LotGarage

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Overview

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...

Listing provided by: Cameron Samimi DRE #02035763, Lyon Stahl Investment Real Estate, Inc.

Listing updated: Jun 9, 2026 at 03:43am.

Last checked: Jun 9, 2026 at 04:00am

Source: CRMLS #SB26124609

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
221$1,264$1,264$2,250
132$1,487$1,487$3,500
132$2,060$2,060$3,500
111$1,109$1,109$1,800
  • # of Buildings: 2

  • # of Units Total: 5

  • Separate Electric Meters: 5

  • Separate Gas Meters: 5

  • Separate Water Meters: 1

  • Rent Control: Yes

  • Tenant Pays: Electricity, Gas

Financial Snapshot

Gross Rent Multiplier

14.5x

List Price / Annual Gross Rent

Cap Rate

3.67%

NOI / List Price

  • Gross Scheduled Income: $86,208

  • Vacancy Allowance: $2,586

  • Operating Expense: $37,752

  • Net Operating Income: $45,870

Annual Operating Expenses

  • Electric: $0

  • Gardener: $1,200

  • Fuel: $0

  • Insurance: $4,866

  • Maintenance: $3,250

  • New Taxes: $15,625

  • Professional Management: $4,310

  • Trash: $3,000

  • Water / Sewer: $5,500

Interior

  • Laundry: None

  • Entry Location: Ground Level

Exterior

  • Property Attached: Yes

  • Stories Total: 2

  • Common Walls: Two Common Walls Or More

  • Lot Features: Zero To One Unit Acre, Corner Lot, Front Yard, Near Public Transit, Paved, Value In Land, Yard

  • Pool: None

  • Water Source: Public

  • Sewer: Public Sewer

Garage and Parking

  • Parking: Assigned, Driveway, Garage Faces Front, Garage, Paved, Private

  • Garage Spaces: 4

  • Parking Total: 4

Lot Information

  • Land Lease: No

  • Common Interest: None

  • Parcel #: 2337033001

  • Additional Parcels: No

  • Tax Lot: 6

Community

  • Senior Community: No

    • Community Features: Curbs, Street Lights, Sidewalks, Urban

    Nearby Schools

    Nearby schools around the 11234 Hatteras, North Hollywood, CA 91601. Contact the school or district directly to verify enrollment eligibility.

    Payment Calculator

    Total Principal

    $1,000,000

    Total Interest

    $1,275,445

    Total Payment

    $2,275,445

    Payoff Date

    Jun 2056

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    PMI is disabled automatically when your down payment is 20% or more.

    Est. Payment

    $7,773

    per month

    Principal
    $904
    Interest
    $5,417
    Property Tax
    $1,302
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 11234 Hatteras

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    North Hollywood Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 91601.

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