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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$5,599,000

Est. payment - /mo

0.26 Acres Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26198714

HOA Y/N No

Year Built 2025

Lot Size 0.258 Acres

Property Sub-Type Apartment

Property 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.

Location

State CA

County Los Angeles

Area C24 - Northern

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator

Laundry Inside

Exterior

Parking Features Assigned

Garage Spaces 10.0

Garage Description 10.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N Yes

View City Lights

Accessibility None

Total Parking Spaces 14

Private Pool No

Building

Lot Description Landscaped

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 2322016030

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Listed by Lauren Cearley Myunits.com Inc. 213-302-8662, DRE #02146823

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11810 Gilmore Los Angeles, CA 91606