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Listed by Lauren Cearley, DRE #02146823 • Myunits.com Inc.
$ 6,229,000
Est. payment /mo
New
11730 Gilmore North Hollywood, CA 91606
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26207786
Year Built 2025
Lot Size 0.320 Acres
Source California Regional MLS
Property Description
11730-17736 W Gilmore is a fully leased, 2025-built 10-unit portfolio offering a combination rarely found in North Hollywood: two side-by-side five-unit properties, 38 rentable bedrooms, 16 parking spaces, and a 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-inspi
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Rooms
Kitchen Freezer, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool None
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 2322016037
Special Listing Condition Not Applicable
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