11447 Tiara St, Unit 1

North Hollywood, CA 91601

$1,475,000
Price
10
Beds
9
Baths
5,210 Sq. Ft.
$283 / Sq. Ft.
5,210
Sq. Ft.
$283
per Sq. Ft.

Description

11447 Tiara St presents an attractive eight-unit multifamily investment opportunity located in the highly desirable North Hollywood 91601 submarket. Built in 1957, this 5,210 SF, two-story property sits on a 7,037 SF lot and is zoned LAR3. The asset offers stable in-place income with meaningful pro forma upside, supported by a strong rent-to-market gap and 100% occupancy at the time of underwriting. The property benefits from six on-site parking spaces, separately metered gas and electric, and updated...11447 Tiara St presents an attractive eight-unit multifamily investment opportunity located in the highly desirable North Hollywood 91601 submarket. Built in 1957, this 5,210 SF, two-story property sits on a 7,037 SF lot and is zoned LAR3. The asset offers stable in-place income with meaningful pro forma upside, supported by a strong rent-to-market gap and 100% occupancy at the time of underwriting. The property benefits from six on-site parking spaces, separately metered gas and electric, and updated unit interiors featuring modern kitchens, bathrooms, flooring, and in-unit laundry in select units, driving tenant retention and rent growth. Ideally positioned just south of the North Hollywood Metro Station and in the heart of the NoHo Arts District, the asset offers tenants walkable access to dining, entertainment, and employment hubs, while providing investors with strong long-term tenant demand, ADU or redevelopment optionality under LAR3 zoning (buyer to verify), and multiple executable paths to grow NOI and long-term equity.

Property Details for 11447 Tiara Street, Unit 1

Zoning
LAR3
Parcel Number
2338011003
Total Units
8.0
Living Area
5210
Source Living Area
Vendor Enhanced
Area
North Hollywood (NHO)
Vacancy Rate
0
Lot Size Area
7039
LISTING UPDATED: 12/04/2025 03:51 PM

Property Details for 11447 Tiara Street, Unit 1

StatusActive
MLS #25625857
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.16 AC / 7,039 SF
CountyLos Angeles County

Location

Listing Courtesy of Tony Azzi, Tony Azzi, DRE #00910513
Add your commute

Building Information for 11447 Tiara Street, Unit 1

Stories2Residences-Year Built1957Building Size-Lot Size0.16 AC / 7,039 SF

Payment Calculator

$8,357 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,289

Property Taxes

$1,068

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11447 Tiara Street, Unit 1

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Standard
  • Unit Number: 1
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $135,064
  • Net Operating Income: $51,252.00
  • Gross Income: $138,885
  • Cap Rate: 3.47%
  • Gross Rent Multiplier: $10.62
  • Actual Annual Gross Rent: $138,885.00
  • Actual Rent Total: $11,574.00
  • Vacancy Allow Dollar: $6,944.00
  • Vacancy Allow Percent: 5.00%
  • Total Annual Expense: 83812
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1616
  • Lot Size Square Feet: 7039
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 0
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Other
  • Cooling Type: Other
  • Heating: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-04-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,450.00
  • Unit Actual Rent: $9,303.00
  • Unit Projected Rent: $12,600.00
  • Like Units: 7
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,271.00
  • Unit Actual Rent: $2,271.00
  • Unit Projected Rent: $3,650.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $295,948.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $690,549.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $986,497.00

Property History for 11447 Tiara Street, Unit 1

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Listed (Active)

CRMLS #25625857

$1,475,000—
Dec 1, 2025

Listed (Active)

CLAW #25625857

$1,475,000—
Feb 18, 2011

Sold (Public Record)

Public Record #306917716

$770,000

+0.3% / yr

Aug 5, 2009

Expired

CLAW #F1806529CN

$875,000—
Apr 29, 2009

Listed (Active)

CLAW #F1806529CN

$875,000—
Apr 15, 2004

Sold (Public Record)

Public Record #132631759

$752,500

+44.8% / yr

Apr 15, 2004

Sold

CLAW #04-044790

$752,500—
Mar 10, 2004

Pending

CLAW #04-044790

—
Jan 23, 2004

Listed (Active)

CLAW #04-044790

$778,800—
Nov 19, 2001

Sold (Public Record)

Public Record #80169045

$309,000—
DateEvent & SourcePrice
12/01/2025

Listed (Active)

CRMLS #25625857

$1,475,000
12/01/2025

Listed (Active)

CLAW #25625857

$1,475,000
02/18/2011

Sold (Public Record)

Public Record #306917716

$770,000

+0.3% / yr

08/05/2009

Expired

CLAW #F1806529CN

$875,000
04/29/2009

Listed (Active)

CLAW #F1806529CN

$875,000
04/15/2004

Sold (Public Record)

Public Record #132631759

$752,500

+44.8% / yr

04/15/2004

Sold

CLAW #04-044790

$752,500
03/10/2004

Pending

CLAW #04-044790

—
01/23/2004

Listed (Active)

CLAW #04-044790

$778,800
11/19/2001

Sold (Public Record)

Public Record #80169045

$309,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11447 Tiara Street, Unit 1

Taxable ValueLand$690,549Additions$295,948Total$986,497
Tax Record2025$12,813 ($1,068 / month)
Home Facts
Total Finished SqFt5,210 SqFtAbove Grade Finished SqFt5,210 SqFtLot Size7,037 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLAR3CountyLOS ANGELESAPN2338-011-003

Schools near 11447 Tiara Street, Unit 1

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Maurice Sendak Elementary School
Public - K to 5
Roy Romer Middle School
Public - 6 to 8
North Hollywood Senior High School
Public - 9 to 12
New Horizons Charter Academy
Charter - K to 8
Rating
School
Distance
Maurice Sendak Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

New Horizons Charter Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 11447 Tiara Street, Unit 1, North Hollywood, CA 91601

11447 Tiara Street, Unit 1 is a multi-family home for sale in North Hollywood, CA 91601. This property was listed for sale on December 1, 2025 by Tony Azzi, it's currently listed at $1,475,000. It has been on the market for a total of 3 days and was last sold on February 18, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include Maurice Sendak Elementary School, Roy Romer Middle School and North Hollywood Senior High School. 11447 Tiara Street, Unit 1 is a 10-bed, 9-bath, 5,210 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tony Azzi, Tony Azzi, DRE #00910513

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.