11810 Gilmore St, North Hollywood
Fully Stabilized, 2025-Built
8-Unit in Prime North Hollywood
The 5+ Unit Specialists are pleased to present 11810 W Gilmore St, a fully leased, 2025-built 8-unit property in prime Valley Glen. Offered at a true 5.86% cap rate, the property generates $418,320 in annual gross income with no rent control. The portfolio features 32 rentable bedrooms, nearly 14,000 SF of building area and 16 parking spaces. Each oversized residence offers high-end finishes, in-unit laundry, central HVAC and private outdoor space. Gas and electric are separately metered, while water is submetered to each unit, eliminating owner utility expenses.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
Unit Mix:
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$5,599,000
8-Unit
Pre-Market
8
20245
5.86%
13.38
$418,320/Year
13,819 sqft
11,245 sqft
$405.17
$699,875
4x 4b/4b, 1x 4b/3b, 1x 5b/4b, 1x 3b/3b
No
16 Parking Spaces
No
Other Features:
No Rent Control, Private Rooftops
The Highlights
No Rent Control!
Fully leased from day 1! 2025 construction 8-unit delivering a true 5.86% cap
rate!
Gross monthly income: $34,860 | Annual income: $418,320
Highly rentable unit mix: 5x 4b/4b, 1x 4b/3b, 1x 5b/4b, 1x 3b/3b
Nearly 14,000 SF of building area with an oversized, highly desirable unit mix!
Massive residences ranging up to 1,929 SF, offering tenant-friendly layouts that live more like homes than apartments.
Huge private outdoor decks and balconies create valuable indoor/outdoor living space rarely found in comparable multifamily product.
Excellent 1031 exchange / turnkey acquisition opportunity with the property already fully leased and stabilized.
Positioned at the intersection of Valley Glen and North Hollywood, Gilmore benefits from strong rental demand and convenient access to some of the Valley’s most important entertainment, employment and transit destinations.
The Neighborhood
<15-Minute Walk
Coffee for Breakfast, In-N-Out, Mofongos, India's Clay Pit, Tiara Street Park, United Children's Learning Academy, New Horizons Charter Academy, Los Burritos, NoHo MMA, "The Room" Live Escape Room
<15-Minute Drive
NoHo Arts District, The Federal, Amazon Fresh, Eat, Dave's Hot Chicken, Republic of Pie, 24 Hour Fitness, NoHo West, Trader Joe's, Laemmle NoHo7, North Hollywood Park, The Good Nite, Lawless Brewing
<$15 Uber Ride
Disney Studios, Tujunga Village, Aroma Cafe, Porto's Bakery, Target, Magnolia Park, Vitello's, Bob's Big Boy, The Thirsty Merchant, Whole Foods, Aeirloom Bakery, Forman's Whiskey Tavern, Jinya Ramen
Contact
Cheyenne Womack
Property Presented By:
