11223 Tiara St, North Hollywood, CA 91601
11223 Tiara St, North Hollywood, CA 91601
11223 Tiara St, North Hollywood, CA 91601
29
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$3,750,000
Est. payment /mo
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20 Beds
15 Baths
7,540 SqFt
New

11223 Tiara St North Hollywood, CA 91601

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Tamar Aintablian

Tamar Aintablian

+1(818) 415-3493

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,540 sqft

Price per Sqft $497

MLS Listing ID 26856319

Style Modern

Bedrooms 20

Construction Status New Construction

Year Built 2026

Lot Size 7,002 Sqft

Acres 0.1607

Property Sub-Type Multi-Family

Property Description

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 architecture, 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.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD2

Rooms

Other Rooms None

Dining Room 0

Interior

Interior Features Open Floor Plan

Heating Central

Cooling Central

Flooring Wood

Equipment Dishwasher, Freezer, Gas Or Electric Dryer Hookup, Refrigerator

Laundry In Unit

Exterior

Parking Features Driveway Gate, On street

Garage Spaces 5.0

Pool None

Building

Lot Description Gated Community

Story 2

Sewer In Street

Water Public

Architectural Style Modern

Level or Stories Two

Construction Status New Construction

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by The Agency

NEARBY SCHOOLS & PROPERTIES

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Tamar Aintablian

Tamar Aintablian

Agent | License ID: 02054372

+1(818) 415-3493

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11223 Tiara St