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

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Elementary School

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Listing Courtesy of Michael Fitzgerald , Power Brokers

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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.

11736 Gilmore Street

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Related Properties

New on site 2 days ago
VINELAND 19: This investment property, constructed in 1989 and exempt from LA City rent control, is presented at a 5.5 CAP rate and a 12.10 GRM, with potential for increased returns. Situated in the rapidly developing southeast region of North Hollywood, it offers convenient access to NoHo, Burbank, and Studio City, as well as nearby shopping, dining, and entertainment venues. The Transit Oriented Community (TOC) Tier 3 designation provides tenants with easy access to public transportation. This well-maintained asset represents a valuable addition to any portfolio, with recent upgrades including a new roof installed in 2022.



PLEASE NOTE: All one-bedroom units are spacious singles with a partition wall converting them into a traditional spacious one-bedroom layouts.

Unit Mix 2 bachelor units (affordable), 14 Singles, 3 two bedroom and two baths.  

Other Highlights: Secure parking, central heat, room refrigerated air, In-house laundry (landlord owned).
#SR25185222

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6242 Vineland Avenue

None Beds

None Baths

14,352 Sq.Ft.

$5,400,000

MLS#: SR25185222

FULLY VACANT 8 UNIT COMPOUND!! Presenting 11810 Gilmore St, a brand-new, 8-unit townhouse complex offering modern design, spacious layouts, and premium finishes in the heart of North Hollywood. Situated in an Opportunity zone, this stunning new development consists of four duplex buildings with a desirable unit mix: six 4 bed/4 bath units, one 3 bed/3 bath unit, and one 5 bed/4 bath unit. Each unit features open-concept living spaces, expansive windows that bring in natural light, and private rooftop decks. The property includes parking for 14 cars, with room for an additional four vehicles. Designed for strong cash flow and minimal upkeep, this extremely low-maintenance property is projected to generate $444,720 annually ($37,060/month) with a cap rate of 5.8%. Currently 100% vacant, the property can be purchased as-is, providing flexibility for an investor to lease at market rents from day one. Located minutes from the 101 and 134 freeways, tenants enjoy convenient access to all of Los Angeles. Just around the corner, NoHo West offers premier shopping, dining, and entertainment, while the NoHo Arts District provides a vibrant cultural scene with theaters, nightlife, and boutique shops. A rare opportunity to own a high-performing, turn-key asset in one of LA's most sought-after rental markets.
#25509289

North Hollywood

11810 Gilmore Street

32 Beds

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13,819 Sq.Ft.

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MLS#: 25509289

 - property

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