Active

11810 Gilmore Street

North Hollywood CA, 91606

$5,995,000


$433.82 per sqft

Active

32 Beds

31 Baths

13,819 sqft

Residential

Built in 2025

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.

25509289

MLS ID

March 11, 2025

Listed

March 11, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

32


Total Bathrooms

31


Appliances

Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer


Floor Description

Laminate


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.26 Acres


Sewer

Other


Security

Smoke Detector(s)

Other Property Details

Area Name

NHO - North Hollywood


Garage

Yes


Parking

Attached Carport, Garage, Tandem


Parking Total

14


View

Yes


View Description

Mountain(s)


County

Los Angeles


Pool Features

None


Zoning

LARD1.5

Listed by Michael Fitzgerald, Power Brokers, CA DRE 02016898

Listing Contact: 310-793-6136 

Based on information from the CRISNet MLS as of 3/11/2025, 10:06 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being 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.

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