Active

11223 Tiara Street

North Hollywood, CA 91601
Mark as Favorite
Bed 20

Bed

Bath 0

Bath

SqFt7,540

Sqft

SqFt7,002

Sqft(Lot)

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 architect ure, 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 convenient access to the vibrant NoHo Arts District, the shopping, dining, and entertainment at NOHO West. The property also offers excellent connectivity to major studios, the Metro B Line, and the surrounding employment centers throughout the San Fernando Valley and greater Los Angeles.Whether you're completing a 1031 exchange, expanding a multifamily portfolio, or acquiring a newly constructed income-producing asset with exceptional long-term upside, 11223 Tiara Street represents a rare opportunity to own a turnkey investment that would be difficult and costly to replicate in today's development environment.Properties of this caliber, offering five newly constructed residences, substantial building square footage, premium finishes, and strong projected rental income, rarely become available. This is an opportunity to acquire a truly distinctive investment positioned for both immediate cash flow and long-term appreciation.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,750,000

AD Id : 87704208

MLS Id : 26856319

Beds : 20

Lot Size : 7,002 Sqft

Living Area Size : 7,540

Year Built : 2026

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 20

    Bathroom Information

    Total Baths: 15 Full Baths: 0 Half Baths: 0

    Water/Sewer

    Sewer: Other
  • Interior Features

    Interior Features: Open Floorplan,Jack and Jill Bath Property Appliances: Dishwasher,Electric Cooktop,Microwave,Oven,Refrigerator Flooring: Wood
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 2026 Building Area Total: 7,540
  • Security Features

    Gated Community
  • Pool Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1607 Lot Size Dimensions: 50x140
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7002

  • Listing Price Information

    Original List Price: 3,750,000 Listing Contract Date: 2026-07-06
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2337011025

  • Garage and Parking

    Garage Description: On Street

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: NHO - North Hollywood Postal Code Plus 4: 1233 Directions: Tujunga Ave to Tiara St. Zoning: LARD2 Source Property Type: Residential Income Area: NHO - North Hollywood
  • Building and Construction

    Property Age: 0 Common Walls: 1 Common Wall Year Built Source: Builder Total Square Feet Living: 7540 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5665 Whitnall, North Hollywood, CA, 91601 $1,650,000 -- -- 5,440 5,440 SqFt
5709 Auckland Avenue, North Hollywood, CA, 91601 $3,195,000 18 -- 7,947 7,947 SqFt
5108 Strohm Avenue, North Hollywood, CA, 91601 $2,175,000 3 3 2,360 2,360 SqFt
5248 Auckland Avenue, North Hollywood, CA, 91601 $3,995,000 17 -- 8,967 8,967 SqFt
5887 Whitnall, North Hollywood, CA, 91601 $1,489,000 -- -- 4,837 4,837 SqFt
5513 Cartwright Avenue, North Hollywood, CA, 91601 $1,095,000 3 2 1,551 1,551 SqFt
5007 Auckland Avenue, North Hollywood, CA, 91601 $2,150,000 4 3 1,864 1,864 SqFt
5617 Denny Avenue, North Hollywood, CA, 91601 $1,279,000 5 4 3,102 3,102 SqFt
4918 Cahuenga, North Hollywood, CA, 91601 $2,499,000 -- -- 6,083 6,083 SqFt
5641 Riverton Avenue, North Hollywood, CA, 91601 $2,150,000 8 -- 4,526 4,526 SqFt

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ByOwner last updated this listing 07/12/2026 @ 01:39

MLS: 26856319 LISTED BY: Bradley Koulback, The Agency 424-230-3700 SOURCE: CRMLS

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