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$ 6,229,000
Est. payment /mo
New
11730 Gilmore North Hollywood, CA 91606
16 Beds
18 Baths
0.32 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26207786
Bedrooms 16
Lot Size 0.320 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
11730-17736 W Gilmore is a fully leased, 2025-built 10-unit portfolio offering a combination rarely found in North Hollywood: two side-by-side five-unit properties, 38 rentable bedrooms, 16 parking spaces, and a 6% cap rate all just 0.5 miles from North Hollywood Arts District. Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 4-bedroom residences and two, highly rentable, 3-bedroom units. Each bedroom in all of the 4-bedroom residences have its own en-suite bathroom, creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants. The portfolio generates $473,760 in annual gross income and is offered fully stabilized with established rental history. Units are separately metered for gas, electric and water, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. These are not typical rentals. Each townhome-style residence delivers high-end finishes, open-concept living spaces, oversized kitchen islands, sleek cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry, generous closets, spa-inspired bathrooms and oversized windows that fill the interiors with natural light. Positioned in the heart of North Hollywood Arts District, Gilmore benefits from strong rental demand and convenient access to some of the Valleys most important entertainment, employment and transit destinations. With its low-maintenance cons
Location
State CA
County Los Angeles
Zoning Builder
Direction From the 170 Freeway, exit Victory Boulevard and head west. Turn left on Laurel Canyon Boulevard, then left on Gilmore Street.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 2322016037
Virtual Tour https://www.myunits.com/buy/11736gilmore
Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
Co-listed byCheyenne Womack • Myunits.com Inc.
Co-listed byCheyenne Womack • Myunits.com Inc.
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