$1,900,000
11820 Victory Boulevard, North Hollywood CA 91606
Multi-Family (5 Units)
Property type
350 days
On market
$557
Price per sqft
3 cars
Garage
1943
Year built
5,499 sqft
Lot size
Open Houses
Overview
Discover a rare and highly desirable investment opportunity in one of the San Fernando Valley’s most dynamic and rapidly appreciating neighborhoods. This unique corner-lot development offering spans over **12,000 square feet across two contiguous parcels** and is entitled for **five spacious residential units**, presenting tremendous upside for builders, developers, and...
Listing provided by: Mark Trueblood DRE #00791349, TRUMARK Real Estate Management
Listing updated: Dec 5, 2025 at 05:55pm.
Last checked: Jun 14, 2026 at 07:30am
Source: CRMLS #GD25147401
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,433 | $1,433 | $0 | Unfurnished |
| 1 | 2 | 1 | — | $2,049 | $2,049 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $941 | $941 | $0 | Unfurnished |
| 1 | 2 | 1 | — | $2,000 | $2,000 | $0 | Unfurnished |
| 1 | 2 | 1 | — | $2,000 | $2,000 | $0 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
18.8x
List Price / Annual Gross Rent
Cap Rate
4.53%
NOI / List Price
Gross Scheduled Income: $101,076
Operating Expense: $15,000
Net Operating Income: $86,076
Annual Operating Expenses
Electric: $12,500
Fuel: $1,750
Insurance: $11,250
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: Two Common Walls Or More
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 3
Carport Spaces: 6
Parking Total: 9
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 2334005025
Additional Parcels: No
Tax Lot: 4
Zoning: LARD1.5
Community
Senior Community: No
Community Features: Street Lights