11611 Burbank Blvd Immeuble residentiel 5 lots 2 981 510 € (596 302 €/Lot) Taux de capitalisation 5,19 % North Hollywood, CA 91601

IREA, as exclusive advisor, is proud to offer a fully reimagined five-unit multifamily property in the heart of the NoHo, just adjacent to the Arts District at 11611 Burbank Blvd, North Hollywood. This meticulously improved property includes three beautifully renovated units—featuring one very large, 3-bed/2-bath (perfect for an owner’s unit) and two 1-bed/1-bath floor plans—along with two newly constructed 2-bed/2-bath ADUs. Spanning approximately 4,734 square feet in total, every unit boasts high-end finishes, modern kitchens, updated systems, and thoughtful design elements throughout. Delivered completely vacant, this turn-key asset is primed for premium market-rate leasing along with the potential for owner occupancy.
Ideally situated just west of Lankershim Blvd and moments from the North Hollywood Metro Station, this location offers unmatched access to the creative, cultural, and culinary energy of the NoHo Arts District. Residents enjoy close proximity to the El Portal Theatre, The Federal Bar, NoHo West retail and dining center, Whole Foods, and an ever-expanding array of studios, galleries, and performance venues. This highly walkable and transit-friendly neighborhood continues to see strong demand from entertainment professionals, young creatives, and urban-minded renters seeking style and connectivity.
With all units delivered vacant and a blend of newly built and extensively upgraded spaces, 11611 Burbank Blvd presents an outstanding opportunity for investors seeking yield in one of L.A.’s fastest-evolving rental markets. Whether you're adding to a portfolio or entering with a standout asset, this property represents the ideal balance of location, design, and income potential in the beating heart of North Hollywood.