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Multifamily

11725 Gilmore St

11725 Gilmore St, Los Angeles, CA 91606

Listing Price: $4,200,000

Cap Rate
5.63%
Number of Units
15
GRM
11.00
Price/Unit
$280,000
Price/Gross SF
$221.06
Gross SF
18,999

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 11725 Gilmore St, a 15-unit investment opportunity located in the 91606 zip code of North Hollywood, a submarket of Los Angeles, CA.

Investment Highlights

  • RARE and HIGHLY DESIRABLE unit mix! HUGE townhome-style residences.
  • Most 2-bedroom units over 1,300 SF!!
  • Recent Capital Improvement: Complete roof replacement completed approximately one year ago, reducing near-term maintenance and capital risk.
  • Upgraded Plumbing Infrastructure: Entire building repiped with copper in 2005, reducing long-term maintenance risk.
  • Insurance-Compatible Electrical Infrastructure: Electrical panels are from Blakeman Electric, which are accepted by major insurance carriers and not on any uninsurable lists.
  • Strong Parking Ratio: 17 on-site parking spaces for a 15-unit property.
  • Separately Metered Electric: All units are separately metered for electricity, allowing tenants to pay their own usage and supporting operational efficiency.
  • Convenient On-Site Laundry: A dedicated laundry room serves all 15 units, offering a high-demand lifestyle amenity that supports long-term occupancy and ancillary revenue.

Exclusively Listed By

Multifamily

11725 Gilmore St

Listing Price: $4,200,000

Cap Rate
5.63%
Number of Units
15
GRM
11.00
Price/Unit
$280,000
Price/Gross SF
$221.06
Gross SF
18,999

Investment Highlights

  • RARE and HIGHLY DESIRABLE unit mix! HUGE townhome-style residences.
  • Most 2-bedroom units over 1,300 SF!!
  • Recent Capital Improvement: Complete roof replacement completed approximately one year ago, reducing near-term maintenance and capital risk.
  • Upgraded Plumbing Infrastructure: Entire building repiped with copper in 2005, reducing long-term maintenance risk.
  • Insurance-Compatible Electrical Infrastructure: Electrical panels are from Blakeman Electric, which are accepted by major insurance carriers and not on any uninsurable lists.
  • Strong Parking Ratio: 17 on-site parking spaces for a 15-unit property.
  • Separately Metered Electric: All units are separately metered for electricity, allowing tenants to pay their own usage and supporting operational efficiency.
  • Convenient On-Site Laundry: A dedicated laundry room serves all 15 units, offering a high-demand lifestyle amenity that supports long-term occupancy and ancillary revenue.

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 11725 Gilmore St, a 15-unit investment opportunity located in the 91606 zip code of North Hollywood, a submarket of Los Angeles, CA.

Exclusively Listed By

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