FULLY VACANT 8 UNIT COMPOUND!! 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 5.8%. 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.
New construction
Price cut: $46K (6/26)
$5,949,000
11810 Gilmore St, North Hollywood, CA 91606
32beds
31baths
13,819sqft
Est.:
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$430/sqft
$-- HOA
What's special
Expansive windowsModern designPremium finishesPrivate rooftop decksOpen-concept living spacesSpacious layouts
- 153 days
- on Zillow |
- 164 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 03:31am
Listed by:
Michael Fitzgerald DRE # 02016898 310-793-6136,
Power Brokers 424-738-5900
Source: CLAW,MLS#: 25509289

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 31
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Exhaust Fan, Microwave, Range/Oven, Refrigerator, Washer, Tankless Water Heater
- Laundry: In Unit
Features
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 13,819
- Total interior livable area: 13,819 sqft
Property
Parking
- Total spaces: 14
- Parking features: Attached Carport, Tandem
- Carport spaces: 10
- Uncovered spaces: 4
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Balcony
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.26 Acres
- Dimensions: 90 x 116
Details
- Additional structures: None
- Parcel number: 2322016030
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: In Street
- Water: Public
Green energy
- Energy generation: Solar
Community & HOA
Community
- Security: Other, Smoke Detector(s)
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $430/sqft
- Tax assessed value: $1,321,307
- Annual tax amount: $16,273
- Date on market: 3/11/2025
- Tenant pays: Electricity, Gas, Trash Collection, Water
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