11810 Gilmore Street, North Hollywood (los Angeles), CA 91606

• 13,819 sqft

Property Description

Presenting 11810 Gilmore St, a newly constructed 8-unit multifamily asset located in the highly desirable San Fernando Valley rental market. The property currently has five units occupied, providing immediate in-place income while offering investors the opportunity to complete lease-up and capture additional rental upside.Upon stabilization, the property is projected to generate approximately $35,560 in monthly rental income and $426,720 in annual gross income, representing a projected 5.55% cap rate. This combination of new construction quality, strong projected returns, and remaining lease-up potential makes the property an attractive investment opportunity.The property features modern architectural design and thoughtfully designed floor plans, with each unit offering open-concept layouts, spacious bedrooms, premium flooring, contemporary kitchens with stainless steel appliances, and in-unit washer and dryer. The property's recent construction minimizes maintenance and capital expenditures, allowing investors to focus on maximizing income performance.Strategically located in the San Fernando Valley, the property benefits from convenient access to the 405, 170, and 101 Freeways, providing excellent connectivity to major employment centers throughout Los Angeles. The surrounding

Listing Status:

Active

Date Added:

March 9, 2026

Data Last Updated:

May 20, 2026 at 8:09PM

Listing Office:

Rise Realty : 866-344-7473

Listing Agent:

Michael Fitzgerald : 310-793-6136

MLS ID:

CL26661793

Interior

• Appliances: Dryer
• Laundry: DryerWasher
• Flooring: Laminate
• A/C: Central Air
• Heating: Other

Exterior

• Parking: TandemOther

Location

• County: Los Angeles

Lot

• Zoning: LARD2322016030
• View: Mountain(s)View

Utilities

• Utilities: Other Water/Sewer
• Water: Other
• Sewer: Other