Presenting 11810 Gilmore St, a newly constructed 8-unit multifamily asset located in the highly desirable San Fernando Valley rental market. The property currently has five units occupied, providing immediate in-place income while offering investors the opportunity to complete lease-up and capture additional rental upside.Upon stabilization, the property is projected to generate approximately $35,560 in monthly rental income and $426,720 in annual gross income, representing a projected 5.55% cap rate. This combination of new construction quality, strong projected returns, and remaining lease-up potential makes the property an attractive investment opportunity.The property features modern architectural design and thoughtfully designed floor plans, with each unit offering open-concept layouts, spacious bedrooms, premium flooring, contemporary kitchens with stainless steel appliances, and in-unit washer and dryer. The property’s recent construction minimizes maintenance and capital expenditures, allowing investors to focus on maximizing income performance.Strategically located in the San Fernando Valley, the property benefits from convenient access to the 405, 170, and 101 Freeways, providing excellent connectivity to major employment centers throughout Los Angeles. The surrounding area offers a variety of retail, dining, and recreational amenities, contributing to strong tenant demand.With new construction, strong projected income, and lease-up upside, 11810 Gilmore St presents a compelling opportunity to acquire a high-quality multifamily asset with long-term income growth potential in one of Los Angeles’ most active rental markets.
Property Details
Price:
$5,795,000
MLS #:
26661793
Status:
Active
Beds:
32
Baths:
31
Type:
Single Family
Neighborhood:
nhonorthhollywood
Listed Date:
Mar 10, 2026
Finished Sq Ft:
13,819
Total Sq Ft:
13,819
Lot Size:
11,245 sqft / 0.26 acres (approx)
Year Built:
2025
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF
Cooling
CA
Flooring
LAM
Heating
CF
Laundry Features
DINC, WINC
Levels
C
Exterior
Attached Garage YN
1
New Construction YN
1
Parking Spots
14
Parking Total
14
Security Features
SD
Spa Features
NO
View
MT
Financial
Map
Community
- Address11810 Gilmore ST North Hollywood CA
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91606
Market Summary
Current real estate data for Single Family in North Hollywood as of Apr 06, 2026
336
Single Family Listed
80
Avg DOM
277
Avg $ / SqFt
$995,006
Avg List Price
Property Summary
- 11810 Gilmore ST North Hollywood CA is a Single Family for sale in North Hollywood, CA, 91606. It is listed for $5,795,000 and features 32 beds, 31 baths, and has approximately 13,819 square feet of living space, and was originally constructed in 2025. The current price per square foot is $419. The average price per square foot for Single Family listings in North Hollywood is $277. The average listing price for Single Family in North Hollywood is $995,006.
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