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For SaleLuxury

$5,599,000

11,243 sqft$498/sqft59 days on market

11810 Gilmore ST

Los Angeles, CA 91606

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

11,243

Square feet

2025

Built

Listing narrative

Description

11810 W Gilmore St is a fully leased, 2025-built 8-unit portfolio offering a combination rarely found: two side-by-side fourplexes on one lot, 32 rentable bedrooms, 16 parking spaces and a 5.86% cap rate, all located in prime Valley Glen. This rare portfolio consists of six expansive 4-bedroom residences, one highly rentable 5-bedroom and one spacious 3-bedroom. The portfolio generates $418,320 in annual gross income and is offered fully stabilized with established rental history. All units are separately metered for gas and electric and water is submetered for each unit, eliminating any owner utility expenses. 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 at the intersection of Valley Glen and North Hollywood, 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.

Listing agent (MLS): Lauren Cearley · Listing brokerage (MLS): Myunits.com Inc.

Property Details

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Price

$5,599,000

Beds

Beds n/a

Type

Condo

Home Size

11,243 sqft

Baths

Baths n/a

Lot Size

0.26 acres

Year

2025

Status

For Sale

Days on Market

59

$ / Sqft

$498

· 8% down, 7% APR, 30yr fixed
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Courtesy of Myunits.com Inc.