Skip to content

11314 Martha StreetNorth Hollywood, CA 91601

Los Angeles County

$3,795,000List price
21Beds
21Baths
8,117Sq Ft
2025Year built
0.17Acre lot
3Stories
3 weeks agoOn market

Description

11314 Martha Street presents a rare opportunity to acquire a newly built, fully stabilized five-unit multifamily investment in North Hollywood, just minutes from the NoHo Arts District. Completed in 2025, the property consists of five spacious three-story townhome-style residences totaling 21 bedrooms and 21 bathrooms, and is currently 100% occupied, generating $299,749 in annual rental income with approximately $234,969 NOI and a 6.2% cap rate.Each residence was designed for modern living with spacious open layouts, abundant natural light, private balconies, contemporary kitchens, stainless-steel appliances, designer bathrooms, and in-unit washer/dryers. Owned solar panels and separately metered, tenant-paid utilities help reduce operating expenses and create an efficient, low-maintenance investment.The property offers a highly desirable mix of two 5BD/5BA units, two 4BD/4BA units and one 3BD/3BA unit, along with eight on-site parking spaces. A substantial majority of the current rental income is HACLA-supported, providing additional stability to the existing cash flow. Beyond the strong in-place income, the property offers significant future upside. Preliminary plans contemplate converting garage space into two studio units and constructing two detached one-bedroom ADUs, potentially adding four additional units and materially increasing future income, subject to final approvals and buyer verification.Conveniently positioned near the NoHo Arts District, Metro transit, NOHO West, major freeways, dining, retail and entertainment, 11310 Martha combines newer construction, stabilized cash flow, efficient operations and future development potential in one compelling turnkey investment.BUYER TO VERIFY ALL INFORMATION.

Property Information

Property type
Residential Income
Year built
2025
Stories
3
Living area
8,117 Sq Ft
Lot size
0.17 acres
Lot dimensions
50x145
Parking spaces
8
Zoning
LARD1.5
Days on market
24
MLS® Listing#
26997809

Property Features

Appliances
Dishwasher · Microwave · Refrigerator · Dryer · Washer
Cooling
Central Air
Heating
Central
Parking
Garage

Financial Details

HOA
None
Parcel number
2337038008

Directions

Type 11312 Martha St into Navigation of choice. All 5 units can be seen from the front.

Listing Courtesy: KW Westside Estates - 3104822200

Presented by: Bahram 'Allen' Amjad

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-06T00:00:00.000Z and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

Commute Calculator

Explore commute times from 11314 Martha Street, North Hollywood, CA 91601.

Travel mode

Connect with a Local Real Estate Expert