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11810 Gilmore Street, North Hollywood, CA 91606
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11810 Gilmore Street
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More Like This
  • MLS#: 25509289 ( )
  • Street Address: 11810 Gilmore Street
  • Viewed: 4
  • Price: $5,945,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 0
  • Days On Market: 232
  • Additional Information
  • County: LOS ANGELES
  • City: North Hollywood
  • Zipcode: 91606
  • Provided by: Power Brokers
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    FULLY VACANT 8 UNIT COMPOUND!! 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 5.8%. 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.
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Microwave
  4. Refrigerator
Building Area Total
  1. 13819.00
Carport Spaces
  1. 10.00
Cooling
  1. Central Air
Country
  1. US
Fireplace Features
  1. None
Flooring
  1. Laminate
Heating
  1. Central
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Three Or More
Netoperatingincome
  1. 345251.50
Parcel Number
  1. 2322016030
Parking Features
  1. Attached Carport
  2. Tandem Garage
Pool Features
  1. None
Postalcodeplus4
  1. 2806
Security Features
  1. Smoke Detector(s)
Sewer
  1. Other
Sourcesystemkey
  1. 25509289:CLAW
Spa Features
  1. None
Tenant Pays
  1. Electricity
  2. Gas
  3. Trash Collection
  4. Water
Totalexpenses
  1. 99468.50
Uncovered Spaces
  1. 4.00
View
  1. Mountain(s)
Year Built
  1. 2025
Year Built Source
  1. Seller
Zoning
  1. LARD1.5