10-Unit Townhome-Style Apartment
11730 Gilmore, North Hollywood, CA 91606
For Sale
$6,229,000
Fully leased residences feature in-unit laundry, open living areas, and separately metered utilities.
Property Size17,246 SF
Price / SF$361.19
Days on Market44
Property Features for 11730 Gilmore
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Financials
Cap Rate
Gross Income
Site & Location
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
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
oversized windows
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Myunits.com Inc.
(213) 302-8662
Listed By:
Lauren Cearley · License CA #02146823
(209) 298-6020
Source:
Monumentglobalestates
Added: Sep 28
Changed: Nov 7
Last Checked: Nov 9 at 2:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myunits.com Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2025, this apartment portfolio comprises two adjoining five-unit properties on separate lots with separate APNs. The 10 residences include eight four-bedroom layouts and two three-bedroom layouts, totaling 38 rentable bedrooms. Each bedroom in the four-bedroom residences has an en-suite bathroom. Interiors feature open-concept living areas, kitchen islands, stainless steel appliances, LVP flooring, in-unit laundry, generous closets, and oversized windows. The properties are fully leased, and units are separately metered for gas, electricity, and water.
The portfolio is 0.5 miles from the North Hollywood Arts District. It includes 16 parking spaces and is reported at a 6% cap rate. The side-by-side arrangement and separate APNs offer two distinct property components within one portfolio.
The portfolio is 0.5 miles from the North Hollywood Arts District. It includes 16 parking spaces and is reported at a 6% cap rate. The side-by-side arrangement and separate APNs offer two distinct property components within one portfolio.
Key Highlights
- 10 apartment units across two adjoining five‑unit properties
- 38 rentable bedrooms: eight four‑bedroom residences and two three‑bedroom residences
- En‑suite bathroom in each bedroom of the four‑bedroom residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$277,502
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,550,040
$5.6M
Cap Rate 7%
$3,964,314
$4.0M
Cap Rate 9%
$3,083,356
$3.1M
Market Conditions
NOI Build-Up for 17,246 SF
Gross rent
$548.4K $31.80/SF
− Vacancy
−$43.9K −$2.54/SF
EGI
$504.5K $29.26/SF
− OpEx
−$227.0K −$13.17/SF
NOI
$277.5K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,550,040
Cap Rate 7%
$3,964,314
Cap Rate 9%
$3,083,356
Alternative Uses
Best Use
Apartment 5plus
$3.96M
$3.47M – $4.63M
NOI $277,502 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.23M
$8.08M – $10.77M
NOI $646,341 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
10
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,158
Businesses Nearby
Explore this area
Business Placement
Demographics for 91606, CA
43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in North Hollywood, CA
Properties on Market for Apartment buildings in North Hollywood
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased residences feature in-unit laundry, open living areas, and separately metered utilities.
Where is this apartment building located?
The property is located at 11730 Gilmore North Hollywood, CA.
What is the asking price?
The asking price for this property is $6,229,000.
What are key features of this property?
This property features: 10 apartment units across two adjoining five‑unit properties; 38 rentable bedrooms: eight four‑bedroom residences and two three‑bedroom residences; En‑suite bathroom in each bedroom of the four‑bedroom residences
