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Active·Multi-Family (12 Units)

$2,450,000

-$50,000
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11936 Hart St, North Hollywood CA 91605

12 beds16 baths7,826 sqft

Multi-Family (12 Units)

Property type

263 days

On market

$313

Price per sqft

0 cars

Garage

1965

Year built

9,007 sqft

Lot size

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Overview

Welcome to 11936 Hart St, a well-maintained 12-unit apartment community situated in the heart of North Hollywood, one of the San Fernando Valley’s most dynamic and high-demand rental markets. This exceptional property offers an ideal investment opportunity with a desirable unit mix consisting of 4 Bachelors, 4 One-Bedroom/One-Bath units, and 4 Two-Bedroom/One-and-a-Half-Bath...

Listing provided by: James Antonucci DRE #01822661 818-432-1513, Keller Williams Realty-Studio City, Michael Pesci DRE #01274379 818-432-1627, Keller Williams Studio City

Listing updated: May 18, 2026 at 10:39pm.

Last checked: Jun 3, 2026 at 10:31pm

Source: CRMLS #SR25217645

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
401$1,386$5,542$1,650Unfurnished
411$1,751$7,003$1,850Unfurnished
422$1,327$5,310$2,300Unfurnished
  • # of Buildings: 1

  • # of Units Total: 12

  • Separate Electric Meters: 12

  • Separate Gas Meters: 12

  • Separate Water Meters: 1

  • Rent Control: Yes

Financial Snapshot

Gross Rent Multiplier

11.4x

List Price / Annual Gross Rent

Cap Rate

5.37%

NOI / List Price

  • Gross Scheduled Income: $214,259

  • Vacancy Allowance: $6,428

  • Vacancy Allowance Rate: 3%

  • Operating Expense: $76,232

  • Net Operating Income: $131,599

Annual Operating Expenses

  • Cable TV: $0

  • Electric: $6,000

  • Furniture Replacement: $0

  • Gardener: $1,500

  • Fuel: $6,000

  • Insurance: $10,174

  • Licenses: $0

  • Maintenance: $8,313

  • New Taxes: $30,625

  • Pest Control: $1,500

  • Pool: $0

  • Professional Management: $0

  • Supplies: $0

  • Trash: $4,320

  • Water / Sewer: $6,000

  • Workers Comp: $0

  • Other Expense: $2,400

Interior

  • Laundry: Common Area

  • Entry Location: 1

Exterior

  • Property Attached: Yes

  • Stories Total: 2

  • Common Walls: Two Common Walls Or More

  • Lot Features: Eleven To Fifteen Units Acre

  • Pool: None

  • Water Source: Public

  • Sewer: Public Sewer

Garage and Parking

  • Garage Spaces: 0

  • Parking Total: 0

Lot Information

  • Land Lease: No

  • Common Interest: CommunityApartment

  • Parcel #: 2321012005

  • Additional Parcels: No

  • Tax Lot: 15

Community

  • Senior Community: No

    • Community Features: Suburban

    Nearby Schools

    Nearby schools around the 11936 Hart St, North Hollywood, CA 91605. Contact the school or district directly to verify enrollment eligibility.

    Payment Calculator

    Total Principal

    $1,960,000

    Total Interest

    $2,499,872

    Total Payment

    $4,459,872

    Payoff Date

    Jun 2056

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

    Est. Payment

    $15,091

    per month

    Principal
    $1,772
    Interest
    $10,617
    Property Tax
    $2,552
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 11936 Hart St

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    North Hollywood Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 91605.

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