11736 Gilmore Street North Hollywood, CA $ 6,390,000
11736 Gilmore Street
$ 6,390,000
Recently Listed New Construction
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11736 Gilmore Street

North Hollywood, CA, 91606
$ 6,390,000
Bedrooms38 Baths8.0 Sq 15,890

Monthly Estimate*

$ 39,344

Listed by Rise Realty
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Multi-Family Home for sale in North Hollywood, CA

for $6,390,000 with 38 bedrooms and 8 full baths. This 15,890 square foot home was built in 2024 on a lot size of 0.3197.

Introducing 11730 & 11736 Gilmore St, a rare opportunity to acquire two neighboring newly constructed multifamily properties offered together as a 10-unit portfolio investment in the heart of North Hollywood. Built in 2024 and fully stabilized, the properties generate approximately $39,780 in monthly rental income and $477,360 in annual gross income, providing investors with strong in-place cash flow and long-term appreciation potential.These mirror-image luxury buildings feature an exceptional large-unit mix, including four 4-bedroom, 4.5-bath units, four 4-bedroom, 4-bath units, and two 3-bedroom, 2-bath units across both properties. Each residence offers open-concept layouts, expansive living areas, oversized windows, and high-end modern finishes, delivering a premium rental experience designed for today's tenants.Select units feature sweeping mountain views, while all units benefit from dedicated parking. A shared easement between the two properties provides seamless parking access and efficient site functionality for residents.Strategically located in prime North Hollywood, the property sits within close proximity to the 101, 170, and 134 freeways, offering convenient connectivity throughout Los Angeles. Residents are minutes from NoHo West, Universal Studios Hollywood, the NoHo Arts District, the Burbank Media District, and Studio City's premier shopping and dining destinations, making the location highly desirable for entertainment industry professionals and young professionals alike.Additionally, the properties are located within a designated Opportunity Zone, offering investors the potential for significant tax advantages while benefiting from a stabilized, newly built asset.With modern 2024 construction, strong cash flow, luxury large-unit layouts, and a premier North Hollywood location, 11730 & 11736 Gilmore St represent a rare opportunity to acquire a high-performing multifamily portfolio in one of Los Angeles' strongest rental submarkets.

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Multi-Family Active

Price

$ 6,390,000

Bedrooms

38

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3197

Year Built

2024

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

26661853

Days on Market

3

Features
General
Living Area 15890
Sewer Other
Heating Central
Cooling Central Air
Appliances Dishwasher Disposal Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Pool Features None
Security Features Gated Community
Year Built 2024
View Mountain(s)
Levels Three Or More Multi/Split
Gross Income 478560
Community Features Gated
County Los Angeles
Net Operating Income 365012
New Construction true
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions 11730 Gilmore St. North Hollywood CA 91606
City North Hollywood
Senior Community Y/N false
Number Of Units Total 10
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 13927
Spa Features None
Property Attached Y/N true
Rent Control Y/N false
Standard Status Active
Year Built Source Builder
Cap Rate 5.71
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Interior
Flooring Laminate
Total Stories 3
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 38
Total Baths 36
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Exterior
Parking Features Assigned Garage Tandem
Total Parking 8
Lot Size Area 13927
Number of Buildings 4
Spa false
Building Area Total 15890
Lot Dimensions 120x116
Lot Size Acres 0.3197
Private Pool false
Lot Size Source Other
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* Excluded Features
List By
Rise Realty

Broker

Michael@michaelfitzgeraldrealtor.com

Email

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$39,344
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$39,344
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$6,390,000 Listed Price

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11736 Gilmore Street, North Hollywood, CA, 91606 is a Multi-Family Home for sale at $6,390,000 with 15,890 sqft and a lot size of 0.3197. 11736 Gilmore Street has 38 bedrooms, 8.0 baths, and was built in 2024. The property's zip code is 91606 which is in North Hollywood, CA