Recently Listed New Construction 11730 Gilmore Street
North Hollywood, CA, 91606 $ 3,195,000
Baths0.0 Sq 7,945 Monthly Estimate*
$ 19,672
Studio for $3,195,000. This 7,945 square foot home was built in 2024 on a lot size of 0.16.
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, 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.
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FeaturesGeneralLiving Area 7945.0
Heating Central
Cooling Central Air
Zoning LARD1.5
Security Features Gated Community
Year Built 2024
View Mountain(s)
Levels Multi/Split Three or More
Accessibility Other
County Los Angeles
Net Operating Income 181101.0
New Construction Yes
Property Type C
HOA No
Status Active
City North Hollywood
Senior Community Y/N No
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 6965.0
Property Attached Y/N Yes
Structure Type None
Standard Status Active
Year Built Source Builder
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InteriorFlooring Laminate
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave
Total Stories 3
Common Walls 1 Common Wall
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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ExteriorParking Features Assigned Tandem Garage
Lot Size Area 6965.0
Spa No
Pool Y/N? No
Building Area Total 7945.0
Lot Dimensions 60x116
Lot Size Acres 0.16
Land Lease Type Fee
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* Excluded FeaturesList ByMichael FitzgeraldListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $19,672
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in North Hollywood, CA
Average List Price $2,936,079
Percent of Sale Price 8%
About North Hollywood, CA 158,455 Population
0% Since 2002
$ 0 Median Income
0 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/10/2026 | $3,195,000 | | Listed Price |