11730 Gilmore,North Hollywood, CA 91606
North Hollywood, CA 91606
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-inspired bathrooms and oversized windows that fill the interiors with natural light. Positioned in the heart of North Hollywood Arts District, Gilmore benefits from strong rental demand and convenient access to some of the Valley's most important entertainment, employment and transit destinations. With its low-maintenance construction, upscale residences and fully stabilized income, the property presents an exceptional turnkey investment opportunity in one of Los Angeles' most dynamic rental markets.
Details
| MLS # | BB26207786 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2025 |
| Days On Site | 34 |
| Listing Provided By | Myunits.com Inc. | Lauren Cearley |
Features
| SQ Feet | 17,246 |
|---|---|
| Garage | 8 |
| Story(s) | 3 |
| Units | 10 |
| Building(s) | 4 |
| Acreage | 0.32 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Electric Oven, Freezer, Gas Range, Microwave, Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Landscaped |
|---|
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Electric | Standard |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | North Hollywood |
| Zip Code | 91606 |
| Area | NHO North Hollywood |
| Listing VS Median (in 91606) | |
Price: $6,229,000 low | high Med: $770,000 sqft: 17,246 low | high Med: 2,057 $ / sqft: $361 low | high Med: $426 On site: 34 low | high Med: 55 | |
Market Activity 91606
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | North Hollywood |
| Zip Code | 91606 |
| Area | NHO North Hollywood |
| Listing VS Median (in 91606) | |
Price: $6,229,000 low | high Med: $770,000 sqft: 17,246 low | high Med: 2,057 $ / sqft: $361 low | high Med: $426 On site: 34 low | high Med: 55 | |
 | $5,599,00011810 GilmoreLos Angeles, CA 91606 |