11736 Gilmore St, North Hollywood, CA 91606
11736 Gilmore St, North Hollywood, CA 91606
11736 Gilmore St, North Hollywood, CA 91606
58
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$6,390,000
Est. payment /mo
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38 Beds
36 Baths
15,890 SqFt
Active

11736 Gilmore St North Hollywood, CA 91606

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,890 sqft

Price per Sqft $402

MLS Listing ID 26661853

Bedrooms 38

Construction Status New Construction

Year Built 2024

Lot Size 0.320 Acres

Acres 0.3198

Property Sub-Type Multi-Family

Property Description

Introducing 11730 & 11736 Gilmore St, a rare opportunity to acquire two neighboring newly constructed multifamily properties offered together as a 10-unit portfolio investment in the heart of North Hollywood. Built in 2024 and fully stabilized, the properties generate approximately $39,780 in monthly rental income and $477,360 in annual gross income, providing investors with strong in-place cash flow and long-term appreciation potential.These mirror-image luxury buildings feature an exceptional large-unit mix, including four 4-bedroom, 4.5-bath units, four 4-bedroom, 4-bath units, and two 3-bedroom, 2-bath units across both properties. Each residence offers open-concept layouts, expansive living areas, oversized windows, and high-end modern finishes, delivering a premium rental experience designed for today's tenants.Select units feature sweeping mountain views, while all units benefit from dedicated parking. A shared easement between the two properties provides seamless parking access and efficient site functionality for residents.Strategically located in prime North Hollywood, the property sits within close proximity to the 101, 170, and 134 freeways, offering convenient connectivity throughout Los Angeles. Residents are minutes from NoHo West, Universal Studios Hollywood, the NoHo Arts District, the Burbank Media District, and Studio City's premier shopping and dining destinations, making the location highly desirable for entertainment industry professionals and young professionals alike.Additionally, the properties are located within a designated Opportunity Zone, offering investors the potential for significant tax advantages while benefiting from a stabilized, newly built asset.With modern 2024 construction, strong cash flow, luxury large-unit layouts, and a premier North Hollywood location, 11730 & 11736 Gilmore St represent a rare opportunity to acquire a high-performing multifamily portfolio in one of Los Angeles' strongest rental submarkets.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Laminate

Equipment Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Solar Panels, Washer

Laundry In Unit

Exterior

Parking Features Assigned, Tandem

Garage Spaces 8.0

Pool None

View Y/N Yes

View Mountains

Building

Story 3

Sewer In Street

Water Public

Level or Stories Multi/Split, Three Or More

Construction Status New Construction

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Rise Realty

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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11736 Gilmore St