11667 Burbank, North Hollywood, California 91601, North Hollywood, 91601 - 0 bed, 0 bath
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North Hollywood, California 91601
This Residential Income Triplex is a strategic asset with a List Price of $875,000, positioned near its $848,611 Fair Market Value. The property features a high-demand unit mix of three 2-bedroom, 1.5-bathroom units on a visible Corner Lot with individually metered utilities. While currently maintaining a Fair Condition Rating, the dated interiors present a clear opportunity for forced appreciation and increased ROI through cosmetic renovations. Located in the heart of North Hollywood near the NoHo Arts District and Metro Rail, this is an ideal acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Property is moderate renovation needed.
Built in 1957, this triplex is well-maintained and functional but shows clear signs of age. The kitchens and bathrooms feature dated cabinetry, older white appliances, and vintage tiling that likely haven't seen a major overhaul in over 20 years. While the property is move-in ready for tenants and features some updated laminate flooring, the overall aesthetic and infrastructure are aged, fitting the criteria for a 'fair' condition rating.
The property features three spacious 2-bedroom, 1.5-bathroom units, a highly desirable configuration that attracts stable, long-term tenants such as small families and professionals.
Situated near the NoHo Arts District and the North Hollywood Metro station, the property offers excellent accessibility to major employment hubs, education, and lifestyle amenities.
Individually metered gas and electric services significantly reduce owner utility expenses, while on-site parking and laundry facilities enhance tenant retention and rental value.
Built in 1957, the building may require near-term capital improvements or updates to major systems to maintain competitiveness and meet modern efficiency standards.
The 5,315 square foot lot size may restrict the ability to add additional units or Accessory Dwelling Units (ADUs) compared to larger multifamily parcels in the area.
11667 Burbank Boulevard presents a well-located multifamily opportunity in the heart of North Hollywood, offering strong rental demand, excellent accessibility, and long-term growth potential. Positioned on a desirable corner lot, the property benefits from enhanced visibility, natural light, and improved accessibility for both residents and visitors. The building features a highly desirable unit mix of three spacious 2-bedroom / 1.5-bath units, catering to small families, roommates, and professionals seeking larger floor plans in a high-demand rental market. Individually metered gas and electric service provides operational efficiency and reduced owner utility expenses. Additional tenant amenities include on-site parking and on-site laundry facilities, both highly valued features in this competitive North Hollywood corridor. The property’s location is a key driver of its appeal. With quick access to the California State Route 170, tenants enjoy convenient connectivity to surrounding employment centers throughout the San Fernando Valley and greater Los Angeles area. The property is also located near Los Angeles Valley College, supporting consistent rental demand from students, faculty, and local professionals. Public transportation is easily accessible via the nearby North Hollywood station, providing Metro Rail and bus connections throughout the region. Residents also benefit from close proximity to the vibrant NoHo Arts District, known for its theaters, restaurants, cafes, and entertainment venues. Nearby shopping centers and everyday retail further enhance convenience, making this an attractive living option for tenants seeking both accessibility and lifestyle amenities. With its strong North Hollywood location, functional unit layout, corner-lot positioning, and proximity to transit, education, and entertainment hubs, 11667 Burbank Boulevard represents a compelling multifamily investment opportunity offering stable rental demand and long-term upside in one of the Valley’s most dynamic submarkets. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,720 | 3,051 | 50% |
| Lot Size | 5,315 | 6,750 | 10% |
| Price | $875.0K | $1.14M | 20% |
| Price per sq ft | $322 | $477 | 10% |
| Built year | 1957 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 127 | 10% |
Mar 3, 2026
$875,000
Initial Listing