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Listed by Lauren Cearley, DRE #02146823 • Myunits.com Inc.
$ 5,599,000
Est. payment /mo
Active
11810 Gilmore Los Angeles, CA 91606
0.26 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26198714
Year Built 2025
Lot Size 0.258 Acres
Source California Regional MLS
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 Valley's most important entertainment, employment and transit destinations. With its low-maintenance construction, upscale residences and fully stabilized income, th
Location
State CA
County Los Angeles
Area C24 - Northern
Rooms
Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 14.0
Pool None
View City Lights
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 2322016030
Special Listing Condition Not Applicable
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