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11736 Gilmore St
North Hollywood, CA 91606
11736 Gilmore St. · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Conveniently Located Near NoHo West
- Close to Burbank & 170 Freeway
- Massive Bedrooms & Living Spaces
EXECUTIVE SUMMARY
Introducing 11730 & 11736 Gilmore St, two newly built, fully occupied, high-end 5-unit multifamily properties offered together as a rare portfolio opportunity in a designated Opportunity Zone in the heart of North Hollywood. With a combined 10 units, these mirror-image properties generate impressive income, producing a total monthly income of $39,780 and annual income of $477,360. The unit mix across both properties includes four 4-bedroom, 4.5-bath units, four 4-bedroom, 4-bath units, and two 3-bedroom, 2-bath units all designed with open-concept floor plans, premium upgrades, and high-end finishes throughout. Select units feature mountain views, and each residence enjoys dedicated parking. A thoughtfully created easement between the two properties ensures smooth shared parking access for residents. Ideally positioned near the 101, 170, and 134 freeways, this prime North Hollywood location offers convenient access to major attractions including NoHo West, Universal Studios Hollywood, the NoHo Arts District, Burbank Media District, and Studio City's shopping and dining. This is an unparalleled chance to acquire two turnkey luxury buildings offering strong cash flow, modern design, and the added benefit of Opportunity Zone tax incentives a standout investment in one of LA's most dynamic rental markets.
PROPERTY FACTS
| Price Per Unit | $907,970 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 5.43% | Building Size | 14,737 SF |
| Gross Rent Multiplier | 13.81 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 2024/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.26/1,000 SF |
| Apartment Style | Townhome | Opportunity Zone |
Yes
|
| Zoning | RD1.5 - Small Lot Subdivision - division of a lot into four, five, or six units, with a minimum area of 1,500 square feet per dwelling unit. | ||
| Price Per Unit | $907,970 CAD |
| Sale Type | Investment |
| Cap Rate | 5.43% |
| Gross Rent Multiplier | 13.81 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 14,737 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 2024/2025 |
| Parking Ratio | 1.26/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RD1.5 - Small Lot Subdivision - division of a lot into four, five, or six units, with a minimum area of 1,500 square feet per dwelling unit. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4.5 | 4 | $5,918 CAD | 1,947 |
| 4+4 | 4 | $5,511 CAD | 1,510 |
| 3+2 | 2 | $4,133 CAD | 1,031 |
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