11344 Hatteras StLos Angeles, CA 91601
- Apartment buildings
- 7,800 SF
Property Details for 11344 Hatteras St
- Year built
- 2023
- Property size (Sq ft)
- 7,800 SF
- Property type
- Apartment buildings
Description
Exceptional investment opportunity in Los Angeles' NoHo Arts District. This newly constructed (2023) two-building apartment complex boasts five units, each commanding $719,800. The property features a remarkable 7.99% cap rate and a strong NOI of $287,400. With a total of 7,800 square feet, the complex offers desirable amenities including 16-foot vaulted ceilings, multi-zone air conditioning, on-demand water heaters, and rooftop decks equipped with BBQs, sinks, and natural gas lines. Ten parking spaces are available, and the property is fully gated. The permitted zoning is RD1.5. This stabilized investment, situated on 11344 Hatteras St, Los Angeles, CA 91601 (APN 2337036023), presents a rare chance to acquire a high-quality, income-producing asset in a thriving neighborhood. The four-story buildings offer a luxurious living experience, promising strong rental income and potential for appreciation. This is a turnkey opportunity for discerning investors seeking a premium multifamily property in a prime location.
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.1756
- Longitude
- -118.378
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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