Active

11447 Cumpston Street

North Hollywood CA, 91601

$3,095,000


$467.52 per sqft

Active

15 Beds

14 Baths

6,620 sqft

Residential

Built in 2025

Introducing 11447 Cumpston St, a brand-new, four-unit townhome development built in 2025, offering a unique investment opportunity with excellent financial returns. This property is estimated to generate $17,780 per month / $213,360 annually, with a pro-forma cap rate of 5.31%, making it one of the most attractive options in the 91601 zip code. With four spacious, thoughtfully designed units, including layouts of 4 b/3 b, 3 b/3.5 b, 3 b/3 b, and 5 b/4 b, this property offers versatile living spaces that will appeal to a wide range of tenants. Each townhome features open living areas with massive windows, flooding the interiors with natural light, and fully equipped kitchens with custom designs and high-end stainless steel appliances. The property is securely gated and includes eight parking spaces, with two dedicated spots per unit, ensuring ample parking for residents. Located adjacent to a single-family neighborhood, 11447 Cumpston St sits in the heart of the highly sought-after NoHo Arts District. Tenants will enjoy easy access to vibrant restaurants, theaters, and boutique shops, as well as proximity to the 101, 134, and 170 freeways, ensuring convenience for commuters.With its best-priced four-plex in the 91601 area and strong potential for high rental income, this property is an exceptional investment opportunity in North Hollywood.

25486777

MLS ID

January 21, 2025

Listed

January 29, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

15


Total Bathrooms

14


Appliances

Dishwasher, Microwave, Refrigerator, Dryer, Washer


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.13 Acres


Exterior Features

Brick Driveway


Sewer

Other

Other Property Details

Area Name

NHO - North Hollywood


Days on Market

8


Garage

Yes


Parking

Covered, Carport, Door-Multi, Garage


Parking Total

8


View

No


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR4

Listed by Michael Fitzgerald, Power Brokers, CA DRE 02016898

Listing Contact: 310-793-6136 

Based on information from the CRISNet MLS as of 1/29/2025, 1:46 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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