North Hollywood (los Angeles), CA 91606,11810 Gilmore Street
North Hollywood (los Angeles), CA 91606,11810 Gilmore Street
North Hollywood (los Angeles), CA 91606,11810 Gilmore Street
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$5,995,000
Est. payment /mo
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13,819 SqFt
New

11810 Gilmore Street North Hollywood (los Angeles), CA 91606

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UPDATED:

03/11/2025 07:03 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 13,819 sqft

Price per Sqft $433

MLS Listing ID CL25509289

HOA Y/N No

Year Built 2025

Lot Size 0.258 Acres

Acres 0.26

Property Sub-Type Other

Property Description

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 5.54%. 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.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Other

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dryer

Laundry Dryer, Washer

Exterior

Utilities Available Other Water/Sewer

View Y/N true

View Mountain(s)

Building

Water Other

New Construction No

Others

Tax ID 2322016030


Bridge MLS
Listed by Michael Fitzgerald • Power Brokers

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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11810 Gilmore Street