11810 Gilmore St, North Hollywood, CA 91606
11810 Gilmore St, North Hollywood, CA 91606
11810 Gilmore St, North Hollywood, CA 91606
11810 Gilmore St, North Hollywood, CA 91606
11810 Gilmore St, North Hollywood, CA 91606
11810 Gilmore St, North Hollywood, CA 91606
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$ 5,795,000
Est. payment | /mo

32 Beds

31 Baths

13,819 SqFt


Save
$ 5,795,000
Est. payment | /mo
Save

32 Beds

31 Baths

13,819 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,819 sqft

Price per Sqft $419

MLS Listing ID 26661793

Bedrooms 32

Construction Status New Construction

Year Built 2025

Lot Size 0.258 Acres

Acres 0.2581

Property Sub-Type Multi-Family

Property Description

Presenting 11810 Gilmore St, a newly constructed 8-unit multifamily asset located in the highly desirable San Fernando Valley rental market. The property currently has five units occupied, providing immediate in-place income while offering investors the opportunity to complete lease-up and capture additional rental upside.Upon stabilization, the property is projected to generate approximately $35,560 in monthly rental income and $426,720 in annual gross income, representing a projected 5.55% cap rate. This combination of new construction quality, strong projected returns, and remaining lease-up potential makes the property an attractive investment opportunity.The property features modern architectural design and thoughtfully designed floor plans, with each unit offering open-concept layouts, spacious bedrooms, premium flooring, contemporary kitchens with stainless steel appliances, and in-unit washer and dryer. The property's recent construction minimizes maintenance and capital expenditures, allowing investors to focus on maximizing income performance.Strategically located in the San Fernando Valley, the property benefits from convenient access to the 405, 170, and 101 Freeways, providing excellent connectivity to major employment centers throughout Los Angeles. The surrounding area offers a variety of retail, dining, and recreational amenities, contributing to strong tenant demand.With new construction, strong projected income, and lease-up upside, 11810 Gilmore St presents a compelling opportunity to acquire a high-quality multifamily asset with long-term income growth potential in one of Los Angeles' most active rental markets.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Laminate

Fireplaces Type None

Equipment Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer

Laundry In Unit

Exterior

Parking Features Carport Attached, Tandem

Garage Spaces 14.0

Pool None

View Y/N Yes

View Mountains

Building

Story 3

Sewer In Street

Water Public

Level or Stories Three Or More

Construction Status New Construction

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Rise Realty

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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11810 Gilmore St

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