The Hortense Homes 11026 Hortense St

4 Unit Apartment Building $8,680,161 CAD ($2,170,040 CAD/Unit) 3.85% Cap Rate North Hollywood, CA 91602

Investment Highlights

  • gated community, new construction on two properties, two were completely remodeled, 14 onsite parking spaces
  • natural light, modern features, rentable location, freeway close

Executive Summary

Incredible opportunity to acquire a newly rebuilt/built community of four single family homes. Close proximity to the studios, Beverly Hills, Hollywood and airport. This gated compound can be rented out or delivered vacant for the owners to decide. Great opportunity for post production offices, large family, or incredible rental area.

Financial Summary (Pro forma - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Property Facts

Price $8,680,161 CAD
Price Per Unit $2,170,040 CAD
Sale Type Investment
Cap Rate 3.85%
Sale Conditions 1031 Exchange
Gross Rent Multiplier 5.3
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
  • Multifamily Dormitory
Building Class C
Building Size 6,350 SF
No. Stories 2
Year Built 2025

Unit Amenities

  • Cable Ready
  • Breakfast Nook
  • Freezer
  • Handrails

Site Amenities

  • Fenced Lot
  • Furnished Units Available
  • Car Charging Station

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 26 $8,687 CAD 1,600
Walk Score®
Very Walkable (87)

zoning

Zoning Code LAR1
  • Listing ID: 34479124

  • Date on Market: 2025-01-14

  • Last Updated:

  • Address: 11026 Hortense St, North Hollywood, CA 91602