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11810 Gilmore Street, North Hollywood, CA 91606
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$5,945,000
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Home Details for 11810 Gilmore Street
Price
$5,945,000
Type
other
Bedrooms
32
Total Bathrooms
31
Year Build
2025
Sq. Ft.
13819
Lot Size
0.2581
County
Los Angeles
MLS®️ Listing#
25509289
On exitrealty.com
121 days
Property Description
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.
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- Parking
- Attached
- Attached Carport
- Garage
- Tandem
- Cooling Information
- Central Air
- Heating Information
- Central
- Garage
- 1
- Fire Place
- None
Listing Courtesy: Power Brokers - 424-738-5900. Presented by: Michael Fitzgerald and Isaac Davidi
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:05:41 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.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$5,945,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.