We are pleased to present 11314 Martha St, a brand-new construction, NON-RENT-CONTROLLED, five-unit luxury townhome complex LOCATED in the highly desirable NoHo Arts District. Fully leased and OPERATING AT A TURNKEY 6% CAP rate, this stabilized asset delivers a reliable, government-backed annual income of $307,428. The property is 100% OCCUPIED by familiesa demographic historically known for lower turnoverwith over 88% of current rents securely backed by Section 8.Situated on a large 7,252 SF lot, the property consists of three separate, contemporary buildings offering 8,117 SF of premium living space. This offering CONTAINS an incredible unit mix of two 5-bedroom/5-bathroom townhomes, two 4-bedroom/4-bathroom townhomes, and one 3-bedroom/3-bathroom ADU, totaling 21 bedrooms. Each three-story residence features highly functional layouts, contemporary architecture, and high-end designer finishes. Units are equipped with private in-unit washers and dryers, modern kitchens with custom cabinetry and STAINLESS STEEL appliances, stylish bathroom tile, and private balconies.Designed for LOW MAINTENANCE and high efficiency, the property features owned solar panels. All utilities are SEPARATELY METERED and tenant-paid, keeping owner expenses exceptionally low and maximizing your Net Operating Income (NOI). The NoHo Arts District’s central location and proximity to major entertainment and job hubs ensure an unrelenting rental demand and investor stability for years to come.MAJOR VALUE-ADD OPPORTUNITY: This property offers incredible upside potential. Because of the expansive lot size and existing layout, the property provides ample room to convert one garage into two studio units and build two ADDITIONAL detached 1-bedroom ADUs. Adding these four extra units and leasing them through Section 8 is a straightforward way to drastically increase monthly rental income and the overall value of the building.This is a rare opportunity to ACQUIRE a pristine, cash-flowing asset with immediate government-backed stability and massive future growth potential.BUYER TO VERIFY ALL INFORMATION.
Property Details
Price:
$3,945,000
MLS #:
26638147
Status:
Active
Beds:
21
Baths:
21
Type:
Single Family
Neighborhood:
nhonorthhollywood
Listed Date:
Jan 15, 2026
Finished Sq Ft:
8,117
Total Sq Ft:
8,117
Lot Size:
7,252 sqft / 0.17 acres (approx)
Year Built:
2025
See this Listing
Schools
Interior
Appliances
DW, MW, RF
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Exterior
Parking Spots
8
Financial
Maintenance Fee
$3,000
Map
Community
- Address11310 Martha ST North Hollywood CA
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
Market Summary
Current real estate data for Single Family in North Hollywood as of Mar 24, 2026
338
Single Family Listed
89
Avg DOM
250
Avg $ / SqFt
$797,605
Avg List Price
Property Summary
- 11310 Martha ST North Hollywood CA is a Single Family for sale in North Hollywood, CA, 91601. It is listed for $3,945,000 and features 21 beds, 21 baths, and has approximately 8,117 square feet of living space, and was originally constructed in 2025. The current price per square foot is $486. The average price per square foot for Single Family listings in North Hollywood is $250. The average listing price for Single Family in North Hollywood is $797,605.
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