$5,795,000

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

  • 13,819 sqft
  • Property Icon other
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $419/sqft
  • Property List Date Icon Listed 23 days ago

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:
April 2, 2026 at 12:06AM
Listing Office:
Rise Realty : 866-344-7473
Listing Agent:
Michael Fitzgerald : 310-793-6136
MLS ID:
CL26661793
  • Appliances: Dryer
  • Laundry: DryerWasher
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Other
  • Parking: TandemOther
  • County: Los Angeles
  • Zoning: LARD2322016030
  • View: Mountain(s)View
  • Utilities: Other Water/Sewer
  • Water: Other
  • Sewer: Other

This listing courtesy of Michael Fitzgerald , Rise Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Victory Boulevard Elementary School

6315 Radford Ave, North Hollywood, CA, 91606

Grades KG-5

0.18 miles away

R

Roy Romer Middle School

6501 Laurel Canyon Blvd, North Hollywood, CA, 91606

Grades 6-8

0.40 miles away

A

Amelia Earhart Continuation

5355 Colfax Ave, North Hollywood, CA, 91601

Grades 9-12

1.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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