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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$6,590,000

Est. payment - /mo

38 Beds

36 Baths

15,890 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 15,890 sqft

Price per Sqft $414

MLS Listing ID 25559527

Bedrooms 38

HOA Y/N No

Year Built 2024

Lot Size 0.320 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Garage, Tandem

Pool None

Community Features Gated

View Y/N Yes

View Mountain(s)

Total Parking Spaces 8

Private Pool No

Building

Story 3

Entry Level Three Or More,Multi/Split

Sewer Other

Level or Stories Three Or More, Multi/Split

New Construction Yes

Others

Senior Community No

Tax ID 2322016036

Security Features Gated Community

Special Listing Condition Standard

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Listed by Michael Fitzgerald Power Brokers

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11736 Gilmore ST North Hollywood, CA 91606