Property Detail

11408 Sarah

North Hollywood CA 91602

$4,200,000

Status: Active

Property Details

Description

11408 Sarah Street is a 10-unit multifamily property built in 2019 and located in Studio City near the Toluca Lake border. As newer construction, the property is exempt from the Los Angeles Rent Stabilization Ordinance (RSO) and AB 1482 rent restrictions, giving ownership the flexibility to set rents at market. The property encompasses approximately 9,104 square feet of living space on a 0.22 acre lot and features a unit mix of (4) 3BR/2BA units, (2) 2BR/2BA units, and (4) 1BR/1BA units (one of the 1+1 units is designated Very Low Income). The property currently generates gross scheduled income of $28,780 per month ($345,360 annually), supplemented by approximately $5,300 in annual utility reimbursement income. The building consists of 3 stories of Type V construction over a ground-level parking garage, with a lobby and hydraulic elevator. The Certificate of Occupancy was issued in October 2019, and the property is fully fire sprinklered with a fire alarm system, both finaled in 2019 (per LADBS permit records). As recent construction, the property offers new ownership modern building systems and minimal near-term capital expenditure requirements. Each unit features an individual split-system HVAC unit and a separate water sub-meter, allowing ownership to recapture water costs from residents. The ground-level garage provides residents with on-site parking, and elevator service offers convenient access to all floors. The property last sold in 2021 for $5.7M and was appraised last year at $6.1M, offering a steep discount at today's asking price of $4.2M. Ideally situated in the vibrant Studio City submarket, 11408 W Sarah Street is minutes from Universal Studios Hollywood, Warner Bros. Studios, and the shops and dining along Ventura Boulevard. The Metro B Line and the 101, 134, and 170 freeways provide easy access to Hollywood, Burbank, and Downtown Los Angeles. Proximity to major entertainment employers supports strong and consistent rental demand.

Map Location

Listing provided courtesy of Jake Glaser of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-11-02 09:10:58.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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