Investment overview
Property overview
11234 Hatteras Street is a 5-unit multifamily investment opportunity in North Hollywood, offered at $1,100,000 ($220,000/unit), reflecting a 4.34% current cap rate and a 12.76 GRM. Pro forma rents reflect a 85.13% increase in scheduled income, highlighting meaningful value-add upside.
This page contains only the facts and media explicitly approved for public release. Private ownership, contact, task, email, document-storage, and internal analysis records remain private.
Investment highlights
- 5-unit multifamily asset in North Hollywood, built in 1924
- Priced at a 12.76 GRM and 4.34% current cap rate
- 85.13% rental upside to pro forma rents
- Unit mix of (2) 2 + 1, (2) 3 + 2, (1) 1 + 1
- Not subject to local rent control
- Priced at $283/SF on the building