CA > North Hollywood
North Hollywood, CA 91601,11063 Cumpston ST
North Hollywood, CA 91601,11063 Cumpston ST
North Hollywood, CA 91601,11063 Cumpston ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,200,000
Est. payment /mo
16 Beds
16 Baths
7,490 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,490 sqft

Price per Sqft $427

MLS Listing ID 25515935

Bedrooms 16

HOA Y/N No

Year Built 1993

Lot Size 6,237 Sqft

Property Description

We are pleased to present 11063 Cumpston St, an exceptional investment opportunity in the heart of the NoHo Arts District, one of Los Angeles' most rapidly evolving and high-demand rental markets. This well-maintained eight-unit multifamily property, built in 1993, features spacious two-bedroom, two-bath townhome-style units, catering to tenants seeking modern layouts and a prime location.As a 1993-built asset, the property is not subject to Los Angeles Rent Stabilization Ordinance (RSO) but falls under California's AB 1482, allowing for higher annual rent increases compared to older rent-controlled buildings. The property includes gated parking, private entryways, and in-unit amenities, making it highly attractive to renters.The surrounding NoHo Arts District is experiencing a surge in new developments, enhancing the area's appeal and contributing to strong rental demand and long-term appreciation potential. Located just minutes from theaters, restaurants, nightlife, and major employment hubs, the property attracts young professionals, creatives, and long-term renters. Easy access to the Metro Red and Orange Lines and proximity to the 170, 134, and 101 freeways provide seamless connectivity throughout Los Angeles.This property presents a rare opportunity to acquire a well-positioned, newer-construction asset in a thriving market, offering stable cash ow, strong upside potential, and long-term appreciation.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR4

Interior

Fireplace No

Exterior

Parking Features Gated, Private

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 2350003010

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Filip Niculete • Marcus & Millichap

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