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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