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$ 6,590,000
Est. payment | /mo
15,890 SqFt
$ 6,590,000
Est. payment | /mo
15,890 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,890 sqft
Price per Sqft $414
MLS Listing ID CL25559527
HOA Y/N No
Year Built 2024
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Other
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 d
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 2322016036
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Listed by Michael Fitzgerald • Power Brokers