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$3,750,000
Listing Price20beds
15baths
7,540sqft
7,000sqft lot
11223 Tiara St, North Hollywood, CA 91601
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
An Investor's Dream in the Heart of North Hollywood. Introducing an exceptional new-construction investment opportunity at 11223 Tiara Street. A rare five-unit residential income property thoughtfully designed for today's investor seeking strong cash flow, modern construction, and long-term appreciation.Situated on an approximately 7,000 SF lot, this architecturally designed development offers approximately 7,540 square feet of living space across five spacious residences, creating a truly unique asset in one of the San Fernando Valley's most desirable rental markets. The property consists of: Unit 1: 1,533 SF, Unit 2: 1,532 SF, Unit 3: 1,535 SF, ADU Unit 4: 1,471 SF, ADU Unit 5:1,469 SF. Every residence has been thoughtfully designed with spacious open floor plans, contemporary architecture, designer kitchens, premium cabinetry, modern fixtures, quality finishes, recessed lighting, and an abundance of natural light. The developer spared no expense in creating a product that stands apart from traditional multifamily investments, delivering large, home-style residences that appeal to today's premium rental market.Projected gross rental income is approximately $22,000 per month, providing investors with immediate income potential upon stabilization while benefiting from the advantages of brand-new construction and minimal deferred maintenance for years to come.One of the property's greatest strengths is its location. Positioned in the heart of North Hollywood, residents enjoy c
Interior Details
7540
20
15
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7000
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Conventional
N/A
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,407
$198,906
$75,365
--%
$274,271
2019
$3,407
$195,006
$73,888
--%
$268,894
2018
$3,322
$191,183
$72,440
--%
$263,623
2017
$3,248
$187,435
$71,020
--%
$258,455
2016
$3,165
$183,760
$69,628
--%
$253,388
2014
$3,139
$177,455
$67,240
--%
$244,695
2013
$3,139
$176,653
$66,937
--%
$243,590
2012
$3,083
$173,190
$65,625
--%
$238,815
Average Home Price in 91601
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$3,750,000
$3,750,000
20 Beds
15 Baths
7,540 Sqft
7,000 Lot (sqft)
Sold 10/05/2026
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles


