11810 Gilmore,Los Angeles, CA 91606
Los Angeles, CA 91606
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, the property presents an exceptional turnkey investment opportunity in one of Los Angeles' most dynamic rental markets.
Details
| MLS # | BB26198714 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2025 |
| Days On Site | 61 |
| Listing Provided By | Myunits.com Inc. | Lauren Cearley |
Features
| SQ Feet | 13,819 |
|---|---|
| Garage | 10 |
| Story(s) | 3 |
| Units | 8 |
| Building(s) | 4 |
| Acreage | 0.26 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Landscaped |
|---|
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Electric | Standard |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91606 |
| Area | C24 Northern |
| Listing VS Median (in 91606) | |
Price: $5,599,000 low | high Med: $699,500 sqft: 13,819 low | high Med: 2,264 $ / sqft: $405 low | high Med: $330 On site: 61 low | high Med: 38 | |
Market Activity 91606
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91606 |
| Area | C24 Northern |
| Listing VS Median (in 91606) | |
Price: $5,599,000 low | high Med: $699,500 sqft: 13,819 low | high Med: 2,264 $ / sqft: $405 low | high Med: $330 On site: 61 low | high Med: 38 | |
