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The Warburton Team Brokered By EXp

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

$6,229,000

Est. payment - /mo

0.32 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 BB26207786

HOA Y/N No

Year Built 2025

Lot Size 0.320 Acres

Property Sub-Type Apartment

Property 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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

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

Laundry Inside

Exterior

Parking Features Assigned

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Sidewalks

Total Parking Spaces 8

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 2322016037

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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11730 Gilmore North Hollywood, CA 91606