11310 Martha St, North Hollywood, CA 91601
11310 Martha St, North Hollywood, CA 91601
11310 Martha St, North Hollywood, CA 91601
12
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$3,945,000
Est. payment /mo
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21 Beds
21 Baths
8,117 SqFt
Price Dropped by $50K

11310 Martha St North Hollywood, CA 91601

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Roddy de la Garza

Roddy de la Garza

+1(323) 696-5375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,117 sqft

Price per Sqft $486

MLS Listing ID 26638147

Bedrooms 21

Year Built 2025

Lot Size 7,252 Sqft

Acres 0.1665

Property Sub-Type Multi-Family

Property Description

We are pleased to present 11314 Martha St, a brand-new construction, NON-RENT-CONTROLLED, five-unit luxury townhome complex LOCATED in the highly desirable NoHo Arts District. Fully leased and OPERATING AT A TURNKEY 6% CAP rate, this stabilized asset delivers a reliable, government-backed annual income of $307,428. The property is 100% OCCUPIED by familiesa demographic historically known for lower turnoverwith over 88% of current rents securely backed by Section 8.Situated on a large 7,252 SF lot, the property consists of three separate, contemporary buildings offering 8,117 SF of premium living space. This offering CONTAINS an incredible unit mix of two 5-bedroom/5-bathroom townhomes, two 4-bedroom/4-bathroom townhomes, and one 3-bedroom/3-bathroom ADU, totaling 21 bedrooms. Each three-story residence features highly functional layouts, contemporary architecture, and high-end designer finishes. Units are equipped with private in-unit washers and dryers, modern kitchens with custom cabinetry and STAINLESS STEEL appliances, stylish bathroom tile, and private balconies.Designed for LOW MAINTENANCE and high efficiency, the property features owned solar panels. All utilities are SEPARATELY METERED and tenant-paid, keeping owner expenses exceptionally low and maximizing your Net Operating Income (NOI). The NoHo Arts District's central location and proximity to major entertainment and job hubs ensure an unrelenting rental demand and investor stability for years to come.MAJOR VALUE-ADD OPPORTUNITY: This property offers incredible upside potential. Because of the expansive lot size and existing layout, the property provides ample room to convert one garage into two studio units and build two ADDITIONAL detached 1-bedroom ADUs. Adding these four extra units and leasing them through Section 8 is a straightforward way to drastically increase monthly rental income and the overall value of the building.This is a rare opportunity to ACQUIRE a pristine, cash-flowing asset with immediate government-backed stability and massive future growth potential.BUYER TO VERIFY ALL INFORMATION.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Freezer, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Microwave

Exterior

Parking Features Garage, Electric Vehicle Charging Station(s)

Garage Spaces 8.0

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by KW Westside Estates

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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11310 Martha St