11810 Gilmore Street
North Hollywood, CA, 91606
$5,995,000
Beds
0 Baths
SqFt
0.26 Acres
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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.

Property Details

Price:
$5,995,000
MLS #:
25509289
Status:
Active
Baths:
0
Address:
11810 Gilmore Street
Type:
Residential Income
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Mar 11, 2025
State:
CA
ZIP:
91606
Lot Size:
11,245 sqft / 0.26 acres (approx)
Year Built:
2025
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Interior

Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate
Heating
Central

Exterior

Parking Features
Attached Carport, Tandem Garage
Parking Spots
14.00
Pool Features
None
Security Features
Smoke Detector(s)
Sewer
Other
Spa Features
None
Stories Total
3
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Mountain(s)

Financial

Tenant Pays
Electricity, Gas, Trash Collection, Water

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11810 Gilmore Street
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