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.
©2025 CRISNet MLS. All rights reserved.