$6,590,000
NEW CONSTRUCTION

Estimated payment $37,299/month

Total Views 387
38 Beds
36 Baths
15,890 Sq Ft
$415 Price per Sq Ft

Highlights

  • New Construction
  • Solar Power System
  • Mountain View
  • North Hollywood Senior High School Rated A
  • 0.32 Acre Lot
  • Balcony

About This Home

Introducing 11730 & 11736 Gilmore St, two newly built, fully occupied, high-end 5-unit multifamily properties offered together as a rare portfolio opportunity in a designated Opportunity Zone in the heart of North Hollywood. With a combined 10 units, these mirror-image properties generate impressive income, producing a total monthly income of $39,780 and annual income of $477,360. The unit mix across both properties includes four 4-bedroom, 4.5-bath units, four 4-bedroom, 4-bath units, and two 3-bedroom, 2-bath units all designed with open-concept floor plans, premium upgrades, and high-end finishes throughout. Select units feature mountain views, and each residence enjoys dedicated parking. A thoughtfully created easement between the two properties ensures smooth shared parking access for residents. Ideally positioned near the 101, 170, and 134 freeways, this prime North Hollywood location offers convenient access to major attractions including NoHo West, Universal Studios Hollywood, the NoHo Arts District, Burbank Media District, and Studio City's shopping and dining. This is an unparalleled chance to acquire two turnkey luxury buildings offering strong cash flow, modern design, and the added benefit of Opportunity Zone tax incentives a standout investment in one of LA's most dynamic rental markets.

Listing Agent

Michael Fitzgerald

Power Brokers License #02016898 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,836

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 120x116
  • Gated Home

Home Design

  • Split Level Home

Interior Spaces

  • 15,890 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Mountain Views

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 38 Bedrooms
  • 36 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Tandem Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Solar Power System
  • Balcony

Community Details

  • 4 Buildings
  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 2322-016-036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,836

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Alley: No
  • Building Permit: Yes
  • Living Area: 15890
  • Lot Acreage: 0.3198
  • Lot Dimensions: 120x116
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2024
  • Number Of Photos: 58
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Bedrooms: 38
  • Common Walls: Attached
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 36.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Solar Panels, Washer
  • Price Per S Q F T: 414.73

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Paved: No
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned, Tandem
  • Total Parking: 8

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 176868
  • Assessed Land Percent: 80
  • Assessed Land Value: 707472
  • Total Assessed Value: 884340
  • Assessor Parcel Number: 2322-016-036
  • Lot Size Area: 13927

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.81
  • Number Of Units: 10
  • Total Annual Expense: 119845.3
  • Type Of Units: Townhomes
  • Vacancy Rate: 0%

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,836 $884,340 $707,472 $176,868
2023 $10,625 $867,000 $693,600 $173,400
2022 $8,786 $734,793 $618,340 $116,453
2021 $1,169 $81,045 $56,316 $24,729
2019 $1,138 $78,644 $54,647 $23,997
2018 $1,053 $77,103 $53,576 $23,527
2016 $1,001 $74,111 $51,497 $22,614
2015 $988 $72,999 $50,724 $22,275
2014 $1,001 $71,570 $49,731 $21,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $6,590,000 +675.3% $415 / Sq Ft
01/07/2022 01/07/22 Sold $850,000 +1.4% $1,265 / Sq Ft
12/11/2021 12/11/21 For Sale $838,000 -- $1,247 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $850,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,110,000 New Conventional
Closed $552,500 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25559527

The MLS

APN: 2322-016-036