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For SaleLuxury

$6,229,000

13,931 sqft$447/sqft41 days on market

11730 Gilmore ST

North Hollywood, CA 91606

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

13,931

Square feet

2025

Built

Listing narrative

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.

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

Property Details

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Price

$6,229,000

Beds

Beds n/a

Type

Condo

Home Size

13,931 sqft

Baths

Baths n/a

Lot Size

0.32 acres

Year

2025

Status

For Sale

Days on Market

41

$ / Sqft

$447

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