11175 Huston Street, North Hollywood, CA 91601

  • $8,400,000
11175 Huston Street
ResidentialIncome Active
11175 Huston Street, North Hollywood, CA 91601
11175 Huston Street
  • $8,400,000

Overview

Property ID: HZ26668899
  • 32
  • Bedrooms
  • 40
  • Bathrooms
  • 24098
  • Sq Ft
  • 1965
  • Year Built

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.

  • Address Huston
  • City North Hollywood
  • State/county Los Angeles
  • Zip/Postal Code 91601

Details

Updated on April 1, 2026 at 10:07 am
  • Property ID: HZ26668899
  • Price: $8,400,000
  • Property Size: 24098 Sq Ft
  • Bedrooms: 32
  • Bathrooms: 40
  • Year Built: 1965
  • Property Status: ResidentialIncome
  • Listed by: Kelly Morgan
  • DRE #: 01898026
  • Contact Phone: 3108363638|
  • Contact Mail: Kelly@KellyMorganCommercial.com
  • Brokered by: Houze Real Estate Management

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Contact Information

View Listings

Enquire About This Property

Schedule a Tour

Tour Type

Compare listings

Compare