Property
Beds
38
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
15,890
Introducing 11730 & 11736 Gilmore St, two newly built, fully occupied, high-end 5-unit multifamily properties offered together as a rare portfolio opportunity in a designated Opportunity Zone in the heart of North Hollywood. With a combined 10 units, these mirror-image properties generate impressive income, producing a total monthly income of $39,780 and annual income of $477,360. The unit mix across both properties includes four 4-bedroom, 4.5-bath units, four 4-bedroom, 4-bath units, and two 3-bedroom, 2-bath units all designed with open-concept floor plans, premium upgrades, and high-end finishes throughout. Select units feature mountain views, and each residence enjoys dedicated parking. A thoughtfully created easement between the two properties ensures smooth shared parking access for residents. Ideally positioned near the 101, 170, and 134 freeways, this prime North Hollywood location offers convenient access to major attractions including NoHo West, Universal Studios Hollywood, the NoHo Arts District, Burbank Media District, and Studio City's shopping and dining. This is an unparalleled chance to acquire two turnkey luxury buildings offering strong cash flow, modern design, and the added benefit of Opportunity Zone tax incentives a standout investment in one of LA's most dynamic rental markets.
Features & Amenities
Interior
-
Total Bedrooms
38
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Parking
Assigned, Garage, Tandem
-
Pool
Yes
-
Pool Features
None
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.3197
-
Property Type
Residential Income
Price
-
Sales Price
$6,590,000
-
Sq. Footage
15, 890
-
Price/SqFt
$414
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Senior Community YN
NO
-
Sewer
Other
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Michael Fitzgerald , Power Brokers
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