11234 Hatteras, North Hollywood, CA 91601

North Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
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:99 day(s) ago
  • Updated:September 16, 2026 at 10:58 AM

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
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