11175 Huston St, North Hollywood, CA

Name: 11175 Huston St, For Sale in North Hollywood - eXp Realty
Brand: Houze Real Estate Management
SKU: 26668899
Price: 8400000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$8,400,000

32400

MLS® 26668899

Key Facts
Description
Map

Key Facts

Type Other

Levels Residential Income

Size 24098 sqft

Garage No

HOA Fees

Taxes

Days Active 0

Approx. Age 1965

Avg. Price Per Sqft $348

MLS® Number 26668899

Property Address: 11175 Huston St, North Hollywood, CA, 91601-4451

Average square foot calculated using Size range provided by listing agent.

Description

*Intrinsic Value* - A rare opportunity to add 18 ADUs (10 attached, 8 detached) without sacrificing any existing parking, bringing the total unit count to 58--significantly enhancing income potential. *9.24% Intrinsic Value Cap Rate* - Reflects the property's full cash flow potential after optimizing all income streams, including the build-out of ADUs and associated construction costs. *ADU Upside Potential* - Upon execution of the ADU development plan, projected metrics include a 7.84% cap rate, 8.62 GRM, and a 20.23% average annual return over five years post-construction. *Current Financial Metrics* - Priced at just $210K per unit, the property currently delivers a 5.39% cap rate and 11.13 GRM, with 41% upside potential, excluding the value-add from proposed ADUs. *Recent Upgrades* - Copper plumbing (2004), new roof (2015), new electrical subpanels (2024), upgraded water heater system (2023). *Location Benefits* - Situated in the prime NoHo Arts District submarket, less than one mile from the North Hollywood Metro Station (Red Line and G Line). Minutes from Universal Studios, the Burbank Media District, and major employers. The area is experiencing sustained growth driven by transit-oriented development, studio expansions, and new mixed-use projects. *Tenant Appeal* - Residents enjoy a walkable lifestyle near the NoHo Arts District's restaurants, coffee shops, studios, and nightlife. With the Metro less than a mile away, the property is highly attractive to young professionals, creatives, and studio employees seeking convenience without the premium pricing of Hollywood. *Walk Score* - Very walkable with a Walk Score of 79. Tenants can live, work, and socialize with minimal reliance on a car.NOTE: This Information is conceptual only. Buyers are advised to conduct a thorough investigation and consult with professionals as to the feasibility of adding ADUs.

MLS® Number26668899

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1965

Stories0

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 24, 2026List Date

$8,400,000List Price

Commute

Commute

Starting Address

Destination Address

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