11810 Gilmore ST new Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91606
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,819 sqft
Price per Sqft $433
MLS Listing ID 25509289
Bedrooms 32
HOA Y/N No
Year Built 2025
Lot Size 0.258 Acres
Property Description
Presenting 11810 Gilmore St, a brand-new, 8-unit townhouse complex offering modern design, spacious layouts, and premium finishes in the heart of North Hollywood. Situated in an Opportunity zone, this stunning new development consists of four duplex buildings with a desirable unit mix: six 4 bed/4 bath units, one 3 bed/3 bath unit, and one 5 bed/4 bath unit. Each unit features open-concept living spaces, expansive windows that bring in natural light, and private rooftop decks. The property includes parking for 14 cars, with room for an additional four vehicles. Designed for strong cash flow and minimal upkeep, this extremely low-maintenance property is projected to generate $444,720 annually ($37,060/month) with a cap rate of 5.54%. Currently 100% vacant, the property can be purchased as-is, providing flexibility for an investor to lease at market rents from day one. Located minutes from the 101 and 134 freeways, tenants enjoy convenient access to all of Los Angeles. Just around the corner, NoHo West offers premier shopping, dining, and entertainment, while the NoHo Arts District provides a vibrant cultural scene with theaters, nightlife, and boutique shops. A rare opportunity to own a high-performing, turn-key asset in one of LA's most sought-after rental markets.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Exterior
Parking Features Attached Carport,Garage,Tandem
Carport Spaces 10
Pool None
View Y/N Yes
View Mountain(s)
Attached Garage Yes
Total Parking Spaces 14
Private Pool No
Building
Story 3
Entry Level Three Or More
Sewer Other
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 2322016030
Security Features Smoke Detector(s)
Special Listing Condition Standard