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More details for 11314 Martha St, North Hollywood, CA - Multifamily for Sale

11314 Martha St

North Hollywood, CA 91601

  • Theater
  • Multifamily for Sale
  • $5,522,488 CAD
  • 8,426 SF
  • Air Conditioning
  • Private Bathroom
  • 24 Hour Access

North Hollywood Multifamily for Sale

Welcome to 11314 Martha Street, a stunning, brand-new construction, non-rent-controlled, five-unit townhouse investment in the heart of the NoHo Arts District. This exceptional property is 100% leased to families, contributing to historically low tenant turnover, with over 88% of rents backed by the Housing Authority of the City of Los Angeles (HACLA). The asset delivers a stable, government-guaranteed annual income of $307,428 at an impressive 5.90% cap rate. This is a major value-add opportunity with preliminary in-place plans to convert the one garage space into two studio units and to construct two detached one-bedroom accessory dwelling units (ADUs) on the lot. With HACLA voucher rates in the 91601 zip code at approximately $2,299/month for studios and $2,585/month for one-bedrooms, these additions could generate roughly $90,000 in additional annual income, translating to approximately $1,160,000 in added value at current cap rates. This presents a rare opportunity to acquire a stabilized, cash-flowing asset with meaningful built-in upside. Located in the prime NoHo Arts District, this property is situated in a growing area with steadily increasing property values. 11314 Martha Street offers excellent accessibility, with great proximity to Interstate 5, 170, and 101 freeways, as well as convenient access to Metro transit. Nearby amenities include the popular NOHO West retail hub, Universal CityWalk, North Hollywood Park, and local recreation centers. Residents appreciate surroundings that are rich in culture and entertainment, featuring the El Portal Theatre, along with a variety of dining options, cafés, and cultural venues. Altogether, this desirable NoHo location combines cultural vitality, everyday convenience, and strong connectivity, making it an attractive place to live for long-term residents.

Contact:

KW Advisors

Property Subtype:

Apartment

Date on Market:

2026-01-20

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More details for 746-748 E Washington Blvd, Los Angeles, CA - Industrial for Sale

DTLA Warehouse Opportunity - 746-748 E Washington Blvd

Los Angeles, CA 90021

  • Theater
  • Industrial for Sale
  • $2,059,701 CAD
  • 8,400 SF
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More details for 5661 Lexington Ave, Los Angeles, CA - Multifamily for Sale

5661 Lexington Ave - 5661 Lexington Ave

Los Angeles, CA 90038

  • Theater
  • Multifamily for Sale
  • $5,391,165 CAD
  • 12,012 SF
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More details for 3321-3325 W 74th St, Los Angeles, CA - Multifamily for Sale

Rose Manor - 3321-3325 W 74th St

Los Angeles, CA 90043

  • Theater
  • Multifamily for Sale
  • $4,941,901 CAD
  • 8,798 SF
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More details for 7324 Crenshaw Blvd, Los Angeles, CA - Multifamily for Sale

Crenshaw Capri - 7324 Crenshaw Blvd

Los Angeles, CA 90043

  • Theater
  • Multifamily for Sale
  • $2,619,553 CAD
  • 8,196 SF
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More details for 614 S Myrtle Ave, Inglewood, CA - Multifamily for Sale

614 S Myrtle Ave

Inglewood, CA 90301

  • Theater
  • Multifamily for Sale
  • $2,868,376 CAD
  • 6,538 SF
  • 24 Hour Access
  • Smoke Detector

Inglewood Multifamily for Sale - Inglewood/South LA

ASSET 6-unit apartment in Inglewood, just 6 blocks from SoFi Stadium. Situated on a large 9,463-SF lot, the property boasts a unit mix of (1) 4-bedroom/2-bathroom unit, (1) 3-bedroom/2-bathroom unit, (1) 2-bedroom/2-bathroom unit and (3) 2-bedroom/1-bathroom units. The property was originally built as a single-family residence (4-bedroom/2-bathroom house) and was expanded in 1986, with permits, to retain the original house and build 5 additional units. Four of the units were fully renovated in 2022 with new kitchens, quartz counters, new appliances, new bathrooms, upgraded electrical with new subpanels, HVACs, ceiling fans, new floors and washer/dryer hook-ups. Furthermore, the property has been enrolled in the City of Inglewood Sound Insulation Program, which will replace all the exterior doors and windows with soundproof versions and install ducted HVAC at no cost to the owner. The asset contains a storage room and 14 parking spaces, four of which are double-car garages. The large lot, storage room and ample parking areas, present a desirable opportunity to add ADUs. There are plans in place to convert the storage and 4 of the carport spaces into a 2-bedroom/2-bathroom ADU. LOCATION This 6,538-SF apartment is located just a few blocks from SoFi Stadium, The Forum & the upcoming Inglewood Transit Connector (ITC) and less than 1 mile from Intuit Dome (Clippers Arena). It is also conveniently located near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla and LAX Airport. FINANCIALS The property has stable in-place rents with a current cap rate of 6.90% and current GRM of 10.38. Priced at a pro-forma cap rate of 7.90% and pro-forma GRM of 9.37, the asset also provides spectacular upside potential in an incredibly strong location. *Front house was built in 1957. The property was expanded in 1986, with permits, keeping the original house and adding 5 units. Buyer to verify independently and conduct their own due diligence and investigation. Title records states the property as 7 units. At some point, the original front house was converted into 2 units (Unit #1 and #2). The units have since been recombined into the original 4-bedroom/2-bathroom configuration which is why there is no Unit #2 on the rent roll. Buyer to verify independently and conduct their own due diligence and investigation. Buyer to conduct their own due diligence and investigation.

Contact:

Shield Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2026-03-25

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More details for 1848 N Normandie Ave, Los Angeles, CA - Multifamily for Sale

1848 N Normandie Ave

Los Angeles, CA 90027

  • Theater
  • Multifamily for Sale
  • $2,204,848 CAD
  • 5,547 SF
  • 24 Hour Access
  • Kitchen

Los Angeles Multifamily for Sale - East Hollywood/Silver Lake

Marcus and Millichap is pleased to present a seven (7) unit apartment building located at 1848 N Normandie Ave in Los Angeles, California. The subject property is located in a prime Los Feliz location, south of Los Feliz Blvd and west of Vermont Ave. Located in prime Los Feliz, this seven-unit asset features a strong unit mix of six one-bedroom and one two-bedroom units, with two units delivered vacant and approximately 45% remaining rental upside. Recent improvements include a new roof, while the soft story retrofit will be completed by the buyer which will have a lower cost by building the front ADU at the same time. The property offers on-site tuck-under parking with ADU conversion potential, lush landscaping, a peaceful rear patio, and on-site laundry. It benefits from dominant access to Hollywood Boulevard, Franklin Avenue, Los Feliz Boulevard, and Sunset Boulevard, as well as immediate proximity to the 101 Freeway and the Metro B Line at Hollywood/Western. Nearby attractions include Barnsdall Art Park, Fern Dell Nature Trail, Griffith Observatory, Upright Citizens Brigade Theatre, Hollywood Walk of Fame, Hollywest Promenade, and Jemma Hollywood. With two vacant units, solid remaining rental upside, and potential ADU conversion of the existing tuck-under parking, the property presents a compelling value-add investment opportunity. For OM, please visit: https://www.lamultifamilydeals.com/properties/1848-n-normandie-ave

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-03-25

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More details for 5735 Melrose Ave, Los Angeles, CA - Office for Sale

5735 Melrose Ave

Los Angeles, CA 90038

  • Theater
  • Office for Sale
  • $10,367,625 CAD
  • 8,966 SF
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