11810 Gilmore St, North Hollywood, CA 91606 – 25509289

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Mae Wilson

maewilsonsales@gmail.com +1(323) 600-7025

$ 5,995,000

Est. payment | -/mo

32 Beds

31 Baths

13,819 SqFt

Save

$ 5,995,000

Est. payment | -/mo

Save

32 Beds

31 Baths

13,819 SqFt

Key Details

Property Type Multi-Family

Sub 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

Construction Status New Construction

Year Built 2025

Lot Size 0.258 Acres

Acres 0.2581

Property Sub-Type Multi-Family

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 North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Laminate

Fireplaces Type None

Equipment Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer

Laundry In Unit

Exterior

Parking Features Carport Attached, Tandem

Garage Spaces 14.0

Pool None

View Y/N Yes

View Mountains

Building

Story 3

Sewer In Street

Water Public

Level or Stories Three Or More

Construction Status New Construction

Others

Special Listing Condition Standard

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 ©2025 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 Power Brokers

+1(323) 600-7025

maewilsonsales@gmail.com

1780 W Horizon Ridge Pkwy, Henderson, NV, 89012

11810 Gilmore St North Hollywood, CA 91606