CA > North Hollywood
North Hollywood, CA 91606,11810 Gilmore ST
North Hollywood, CA 91606,11810 Gilmore ST
North Hollywood, CA 91606,11810 Gilmore ST
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$5,945,000
Est. payment /mo
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32 Beds
31 Baths
13,819 SqFt
Price Dropped by $4K

11810 Gilmore ST North Hollywood, CA 91606

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Nathan King Real Estate Group

Nathan King Real Estate Group

+1(559) 396-0000

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 13,819 sqft

Price per Sqft $430

MLS Listing ID 25509289

Bedrooms 32

HOA Y/N No

Year Built 2025

Lot Size 0.258 Acres

Property 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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Attached Carport, Garage, Tandem

Carport Spaces 10

Pool None

View Y/N Yes

View Mountain(s)

Total Parking Spaces 14

Private Pool No

Building

Story 3

Entry Level Three Or More

Sewer Other

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 2322016030

Security Features Smoke Detector(s)

Special Listing Condition Standard

CRMLS – RECore
Listed by Michael Fitzgerald Power Brokers

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Nathan King Real Estate Group

Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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