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$ 5,599,000
Est. payment | /mo
15 Beds
14 Baths
0.26 Acres Lot
$ 5,599,000
Est. payment | /mo
15 Beds
14 Baths
0.26 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26198714
Bedrooms 15
Lot Size 0.258 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
11810 W Gilmore St is a fully leased, 2025-built 8-unit portfolio offering a combination rarely found: two side-by-side fourplexes on one lot, 32 rentable bedrooms, 16 parking spaces and a 5.86% cap rate, all located in prime Valley Glen. This rare portfolio consists of six expansive 4-bedroom residences, one highly rentable 5-bedroom and one spacious 3-bedroom. The portfolio generates $418,320 in annual gross income and is offered fully stabilized with established rental history. All units are separately metered for gas and electric and water is submetered for each unit, eliminating any owner utility expenses. These are not typical rentals. Each townhome-style residence delivers high-end finishes, open-concept living spaces, oversized kitchen islands, sleek cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry, generous closets, spa-inspired bathrooms and oversized windows that fill the interiors with natural light. Positioned at the intersection of Valley Glen and North Hollywood, Gilmore benefits from strong rental demand and convenient access to some of the Valleys most important entertainment, employment and transit destinations. With its low-maintenance construction, upscale residences and fully stabilized income, the property presents an exceptional turnkey investment opportunity in one of Los Angeles most dynamic rental markets.
Location
State CA
County Los Angeles
Zoning Builder
Direction From the 170 Freeway, exit Victory Boulevard and head west. Turn left on Laurel Canyon Boulevard, then left on Gilmore Street. T
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 2322016030
Virtual Tour https://www.myunits.com/buy/11810gilmore
Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
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