Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

8

Building size

13,819 sqft

Lot size

11,245 sqft

Year built

2025

Stories

3

Garage spaces

10

Heating

Central

Cooling

Central Air

Pool

None

View

City Lights

Status

Active

Days on market

0

MLS #

246963152

About this property

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.

Location

11810 Gilmore

Los Angeles, Los Angeles, CA, 91606