NEW CONSTRUCTION
$46K PRICE DROP
11810 Gilmore St North Hollywood, CA 91606
North Hollywood NeighborhoodEstimated payment $34,306/month
Total Views
2,437
32
Beds
31
Baths
13,819
Sq Ft
$430
Price per Sq Ft
Highlights
- New Construction
- Solar Power System
- Balcony
- North Hollywood Senior High School Rated A
- Mountain View
- Tandem Parking
About This Home
FULLY VACANT 8 UNIT COMPOUND!! Presenting 11810 Gilmore St, a brand-new, 8-unit townhouse complex offering modern design, spacious layouts, and premium finishes in the heart of North Hollywood. Situated in an Opportunity zone, this stunning new development consists of four duplex buildings with a desirable unit mix: six 4 bed/4 bath units, one 3 bed/3 bath unit, and one 5 bed/4 bath unit. Each unit features open-concept living spaces, expansive windows that bring in natural light, and private rooftop decks. The property includes parking for 14 cars, with room for an additional four vehicles. Designed for strong cash flow and minimal upkeep, this extremely low-maintenance property is projected to generate $444,720 annually ($37,060/month) with a cap rate of 5.8%. Currently 100% vacant, the property can be purchased as-is, providing flexibility for an investor to lease at market rents from day one. Located minutes from the 101 and 134 freeways, tenants enjoy convenient access to all of Los Angeles. Just around the corner, NoHo West offers premier shopping, dining, and entertainment, while the NoHo Arts District provides a vibrant cultural scene with theaters, nightlife, and boutique shops. A rare opportunity to own a high-performing, turn-key asset in one of LA's most sought-after rental markets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,273
Year Built
- Built in 2025 | New Construction
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 90x116
Interior Spaces
- 13,819 Sq Ft Home
- 3-Story Property
- Laminate Flooring
- Mountain Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- <<microwave>>
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 32 Bedrooms
- 31 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 4 Open Parking Spaces
- 14 Parking Spaces
- 10 Attached Carport Spaces
- Tandem Parking
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Sewer in Street
Additional Features
- Solar Power System
- Balcony
Community Details
- 4 Buildings
- 8 Units
Listing and Financial Details
- The owner pays for gardener
- Assessor Parcel Number 2322-016-030
Map
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Home Values in the Area
Average Home Value in this Area
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 | $16,273 | $1,321,307 | $924,915 | $396,392 |
| 2023 | $15,959 | $1,295,400 | $906,780 | $388,620 |
| 2022 | $12,243 | $1,014,900 | $608,940 | $405,960 |
| 2021 | $1,560 | $106,166 | $55,233 | $50,933 |
| 2019 | $1,518 | $103,019 | $53,596 | $49,423 |
| 2018 | $1,403 | $101,000 | $52,546 | $48,454 |
| 2016 | $1,310 | $97,079 | $50,506 | $46,573 |
| 2015 | $1,293 | $95,622 | $49,748 | $45,874 |
| 2014 | $1,307 | $93,750 | $48,774 | $44,976 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Price Changed | $5,949,000 | 0.0% | $430 / Sq Ft |
| 04/22/2025 04/22/25 | For Rent | $42,000 | 0.0% | -- |
| 03/11/2025 03/11/25 | For Sale | $5,995,000 | +502.5% | $434 / Sq Ft |
| 03/23/2022 03/23/22 | Sold | $995,000 | +10.7% | $384 / Sq Ft |
| 02/01/2022 02/01/22 | Pending | -- | -- | -- |
| 01/27/2022 01/27/22 | For Sale | $899,000 | -- | $347 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,770,000 | Construction | |
| Closed | $145,000 | Construction | |
| Previous Owner | $536,000 | Purchase Money Mortgage | |
| Previous Owner | $536,000 | Purchase Money Mortgage | |
| Previous Owner | $330,000 | Unknown | |
| Previous Owner | $105,000 | No Value Available |
Source: Public Records
Similar Home in the area
Source: The MLS
MLS Number: 25509289
APN: 2322-016-030
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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