Introducing 11730 Gilmore St, a newly constructed five-unit multifamily investment property located in a designated Opportunity Zone in the heart of North Hollywood. This fully stabilized asset is 100% occupied, generating $19,890 in monthly income ($238,680 annually) and offering investors a rare combination of strong in-place cash flow, modern construction,… Read More and potential Opportunity Zone tax advantages (consult tax professional). The property features an attractive large-unit mix consisting of two 4-bedroom, 4.5-bath units, two 4-bedroom, 4-bath units, and one 3-bedroom, 2-bath unit. Each residence has been thoughtfully designed with open-concept floor plans, spacious living areas, and high-end finishes throughout, catering to today's renters seeking modern, high-quality housing. Select units also feature beautiful mountain views, while all units benefit from dedicated on-site parking.A newly established shared easement between 11730 Gilmore St and the neighboring property at 11736 Gilmore St provides efficient access to parking and improves functionality for residents. The adjacent property is an identical five-unit building, and both properties may be purchased together, creating a rare ten-unit portfolio opportunity in a highly desirable rental market.Ideally positioned in one of the San Fernando Valley's fastest-growing neighborhoods, the property offers convenient access to the 101, 170, and 134 Freeways, allowing residents easy connectivity throughout Los Angeles. The location is also just minutes from major lifestyle and employment hubs including NoHo West, the NoHo Arts District, Universal Studios Hollywood, the Burbank Media District, and Studio City's popular dining and retail corridors.With new construction quality, large family-sized units, strong rental income, and Opportunity Zone tax benefits, 11730 Gilmore St represents a turnkey multifamily investment with long-term growth potential in one of Los Angeles' most vibrant submarkets. Read Less
Courtesy of Rise Realty 866-344-7473
Listing Snapshot
Days Online
19
Last Updated
Property Type
Other
Beds
19
Square Ft.
7,945
Lot Size
0.16 Acres
Year Built
2024
MLS Number
26661741
30 Days Snapshot Of 91606
$1.40M
+114%
(avg) sold price
2
-50%
homes sold
39
-65%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Solar Panels, Washer
Building
7,945 sq ft, Built in 2024, Levels: Multi/Split, Three Or More, Attached
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