11311 Burbank Boulevard
North Hollywood, CA, 91601 $ 1,150,000
Bedrooms-- Baths1.0 Sq 3,130 Monthly Estimate*
$ 7,175
for $1,150,000 with 1 full bath. This 3,130 square foot building was built in 1940 on a lot size of 0.1688.
We are proud to present a legal 4-unit mixed-use property per public records, currently configured as 6 units, located at 11311 Burbank Blvd in the NoHo Arts District of North Hollywood, CA. Built in 1940, this two-story property consists of approximately ±3,130 square feet on a ±7,351-square-foot lot and is zoned LAC2. The property includes a mix of one-bedroom residential units and a non-conforming commercial space currently configured as residential. The property is at an approximate 9.77 GRM. Amenities include on-site laundry facilities, assigned parking, and enclosed rear yards for select units. Per Seller, electrical panels have been upgraded. Select units feature updated interiors, vinyl windows, and lower-level units with private rear yards. Located in the NoHo Arts District, the property benefits from proximity to residential, retail, transit, and cultural amenities. Approximately ±23.8% projected rental upside may exist based on current rents. LAC2 zoning may allow for future expansion, redevelopment, or reconfiguration, subject to applicable approvals. Situated along Burbank Boulevard, the property offers visibility, accessibility, and access to nearby shopping, dining, and entertainment. The NoHo Arts District features a concentration of theaters, galleries, and performance venues, including destinations such as the El Portal Theatre, along with dining, shopping, and nightlife options along Lankershim Boulevard. The property is located near major transportation routes, including the North Hollywood Metro Station serving the B Line and G Line, as well as convenient access to the 101 and 134 freeways. Proximity to Burbank and Studio City provides access to employment centers, studios, and entertainment destinations. The surrounding area includes local parks and recreational amenities, such as the North Hollywood Recreation Center, along with a mix of residential, commercial, and creative office uses. Buyer to verify all information, including but not limited to legal unit count, financials, property condition, zoning, and development potential.
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FeaturesGeneralYear Built 1940
Property Subtype Mixed Use
County Los Angeles
Net Operating Income 69178
Operating Expense 44994
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active Under Contract
Directions 11311 Burbank Blvd. North Hollywood CA 91601
City North Hollywood
Open Parking Spaces 6
Number Of Units Total 6
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 7351
Carport Spaces 0
Listing Terms Cash Cash to New Loan Conventional Contract
Additional Parcels Y/N false
Virtual Tour https://my.matterport.com/show/?m=r824Fgzw62q&brand=0 https://youtu.be/42xra68Itl8
Building Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Tenant
Property Sub Type Additional Mixed Use
Cap Rate 5.85
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InteriorTotal Stories 2
Laundry Features Common Area
Entry Level 1
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ExteriorWater Source Public
Total Parking 6
Lot Size Area 7351
Building Area Total 3130
Lot Size Acres 0.1688
Lot Size Source Assessor
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $7,175
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in North Hollywood, CA
Average List Price $1,217,300
Percent of Sale Price 6%
About North Hollywood, CA 158,455 Population
0% Since 2002
$ 0 Median Income
0 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/16/2025 | $1,150,000 | | Listed Price |