11730 Gilmore St, North Hollywood, CA 91606
11730 Gilmore St, North Hollywood, CA 91606
11730 Gilmore St, North Hollywood, CA 91606
11730 Gilmore St, North Hollywood, CA 91606
11730 Gilmore St, North Hollywood, CA 91606
11730 Gilmore St, North Hollywood, CA 91606
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$ 3,195,000
Est. payment | /mo

19 Beds

18 Baths

7,945 SqFt


Save
$ 3,195,000
Est. payment | /mo
Save

19 Beds

18 Baths

7,945 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,945 sqft

Price per Sqft $402

MLS Listing ID 26661741

Bedrooms 19

Construction Status New Construction

Year Built 2024

Lot Size 6,965 Sqft

Acres 0.1599

Property Sub-Type Multi-Family

Property Description

Introducing 11730 Gilmore St, a newly constructed five-unit multifamily investment property located in a designated Opportunity Zone in the heart of North Hollywood. This fully stabilized asset is 100% occupied, generating $19,890 in monthly income ($238,680 annually) and offering investors a rare combination of strong in-place cash flow, modern construction, and potential Opportunity Zone tax advantages (consult tax professional). The property features an attractive large-unit mix consisting of two 4-bedroom, 4.5-bath units, two 4-bedroom, 4-bath units, and one 3-bedroom, 2-bath unit. Each residence has been thoughtfully designed with open-concept floor plans, spacious living areas, and high-end finishes throughout, catering to today's renters seeking modern, high-quality housing. Select units also feature beautiful mountain views, while all units benefit from dedicated on-site parking.A newly established shared easement between 11730 Gilmore St and the neighboring property at 11736 Gilmore St provides efficient access to parking and improves functionality for residents. The adjacent property is an identical five-unit building, and both properties may be purchased together, creating a rare ten-unit portfolio opportunity in a highly desirable rental market.Ideally positioned in one of the San Fernando Valley's fastest-growing neighborhoods, the property offers convenient access to the 101, 170, and 134 Freeways, allowing residents easy connectivity throughout Los Angeles. The location is also just minutes from major lifestyle and employment hubs including NoHo West, the NoHo Arts District, Universal Studios Hollywood, the Burbank Media District, and Studio City's popular dining and retail corridors.With new construction quality, large family-sized units, strong rental income, and Opportunity Zone tax benefits, 11730 Gilmore St represents a turnkey multifamily investment with long-term growth potential in one of Los Angeles' most vibrant 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 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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11730 Gilmore St

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