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$ 6,390,000
Est. payment | /mo
15,890 SqFt
$ 6,390,000
Est. payment | /mo
15,890 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,890 sqft
Price per Sqft $402
MLS Listing ID CL26661853
HOA Y/N No
Year Built 2024
Lot Size 0.320 Acres
Acres 0.3197
Property Sub-Type Other
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
Zoning LARD1.5
Interior
Heating Other
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Exterior
View Y/N true
View Mountain(s)
Building
Water Other
New Construction No
Others
Tax ID 2322016036
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Michael Fitzgerald • Rise Realty
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