11730 Gilmore North Hollywood, CA 91606
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID BB26207786
HOA Y/N No
Year Built 2025
Lot Size 0.320 Acres
Property Sub-Type Apartment
Property Description
6% cap rate all just 0.5 miles from North Hollywood Arts District.
Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 4-bedroom residences and two, highly rentable, 3-bedroom units. Each bedroom in all of the 4-bedroom residences have its own en-suite bathroom,
creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants.
The portfolio generates $473,760 in annual gross income and is offered fully
stabilized with established rental history. Units are separately metered for
gas, electric and water, eliminating any owner utility expenses,
while the side-by-side configuration and separate APNs also provide investors
with the flexibility to pursue residential or commercial financing.
These are not typical rentals. Each townhome-style residence delivers
high-end finishes, open-concept living spaces, oversized kitchen islands, sleek
cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry, generous closets, spa-inspired bathrooms and oversized windows that fill the interiors with natural light.
Positioned in the heart of North Hollywood Arts District, Gilmore benefits from strong rental demand and convenient access to some of the Valley's most important entertainment, employment and transit destinations. With its low-maintenance construction, upscale residences and fully stabilized income, the property presents an exceptional turnkey investment opportunity in one of Los Angeles' most dynamic rental markets.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Electric Oven, Freezer, Gas Range, Microwave, Refrigerator
Laundry Inside
Exterior
Parking Features Assigned
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description Landscaped
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 2322016037
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.myunits.com/buy/11736gilmore
GET MORE INFORMATION