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11447 Tiara Street 1North Hollywood, CA 91601

For Sale

$1,475,000

Smart Buyer Rebate $14,750

11447 Tiara St presents an attractive eight-unit multifamily investment opportunity located in the highly desirable North Hollywood 91601 submarket. Built in 1957, this 5,210 SF, two-story property sits on a 7,037 SF lot and is zoned LAR3. The asset offers stable in-place income with meaningful pro forma upside, supported by a strong rent-to-market gap and 100% occupancy at the time of underwriting. The property benefits from six on-site parking spaces, separately metered gas and electric, and updated unit interiors featuring modern kitchens, bathrooms, flooring, and in-unit laundry in select units, driving tenant retention and rent growth. Ideally positioned just south of the North Hollywood Metro Station and in the heart of the NoHo Arts District, the asset offers tenants walkable access to dining, entertainment, and employment hubs, while providing investors with strong long-term tenant demand, ADU or redevelopment optionality under LAR3 zoning (buyer to verify), and multiple executable paths to grow NOI and long-term equity.

Listed by Tony Azzi

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License #00910513

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Tony Azzi

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310-909-5454

Last updated December 09, 2025

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Source: CRMLS #25625857

Listing Facts

  • TypeMulti-family
  • NeighborhoodMid - Town North Hollywood
  • Bedrooms10
  • Days on Prevu9
  • Size5,210 sqft
  • Price per sqft$283

Amenities

  • Parking

Location

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Listing History

12/01/2025
Listed by Tony Azzi
$1,475,000

Property Details for 11447 Tiara Street 1

Exterior

Construction

  • Number Of Units Total: 8
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1957

Measurements

  • Building Area Total: 5,210
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,039
  • Lot Size Square Feet: 7,039
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.47
  • Gross Income: $138,885.00

Taxes

  • Parcel Number: 2338011003

Interior

Measurements

  • Living Area: 5,210

Rooms

  • Bathrooms Total Integer: 9
  • Bedrooms Total: 10

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 10 bedrooms in this multi-family home at 11447 Tiara Street 1.

How does 11447 Tiara Street 1 compare to other multi-family homes in Mid - Town North Hollywood?

This multi-family home is listed 36% below the average price for multi-family homes in Mid - Town North Hollywood and has been on the market for 69 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,210 sqft.

11447 Tiara Street 1 is a 10-bedroom multi-family home for sale in North Hollywood CA 91601. On Prevu for 9 days at $1,475,000. This property features 5,210 square feet of living space, located in Mid - Town North Hollywood. The median listing price for multi-family homes in this area is $1,139,800. Property amenities include parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.