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11447 Cumpston St
North Hollywood, CA 91601
11447 Cumpston St · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- North Hollywood Arts District
- Large Units
- Fantastic Location
EXECUTIVE SUMMARY
6.73% Cap Rate!! Introducing 11447 Cumpston St, a brand-new, four-unit townhome development built in 2025, offering a unique investment opportunity with excellent financial returns. This property is estimated to generate $25,259.17 per month / $303,110 annually, with a cap rate of 6.73%, making it one of the most attractive and affordable options in the 91601 zip code. With four spacious, thoughtfully designed units, including layouts of 4 b/3 b, 3 b/3.5 b, 3 b/3 b, and 5 b/4 b, this property offers versatile living spaces that will appeal to a wide range of tenants. Each townhome features open living areas with massive windows, flooding the interiors with natural light, and fully equipped kitchens with custom designs and high-end stainless steel appliances. The property is securely gated and includes eight parking spaces, with two dedicated spots per unit, ensuring ample parking for residents. Located adjacent to a single-family neighborhood, 11447 Cumpston St sits in the heart of the highly sought-after NoHo Arts District. Tenants will enjoy easy access to vibrant restaurants, theaters, and boutique shops, as well as proximity to the 101, 134, and 170 freeways, ensuring convenience for commuters.With its best-priced four-plex in the 91601 area and strong potential for high rental income, this property is an exceptional investment opportunity in North Hollywood.
PROPERTY FACTS
| Price Per Unit | $1,203,425 CAD | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.73% | Lot Size | 0.13 AC |
| Gross Rent Multiplier | 11.53 | Building Size | 6,620 SF |
| No. Units | 4 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2025 |
| Zoning | R4-1VL - permits medium-density, multi-family residential development, including apartments or condominiums, and often incentivizes affordable housing, with t | ||
| Price Per Unit | $1,203,425 CAD |
| Sale Type | Investment |
| Cap Rate | 6.73% |
| Gross Rent Multiplier | 11.53 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 6,620 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | R4-1VL - permits medium-density, multi-family residential development, including apartments or condominiums, and often incentivizes affordable housing, with t |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Tub/Shower
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