Properties

North Hollywood, CA 91606 11725 Gilmore Street

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Presented By: Tony Azzi with Tony Azzi;
  • MLS# 26650877
  • 01/23/2026
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  • Beds • 29
  • Baths • 2
  • SQFT • 18,999

Home Details

11725 Gilmore Street is a 15-unit multifamily investment located in North Hollywood, within the highly desirable 91606 ZIP code of Los Angeles. Built in 1963, this three-story, fee-simple asset spans approximately 18,999 square feet on a 15,015 SF lot and features a rare and highly desirable unit mix of oversized, townhome-style two-bedroom residences. Most two-bedroom units exceed 1,300 square feet, offering a scale and layout that is increasingly difficult to replicate in today's market and highly attractive to long-term tenants. The property has benefited from significant capital improvements, including a complete roof replacement completed approximately one year ago, substantially reducing near-term capital expenditure risk. Additionally, the building was fully re-piped with copper plumbing in 2005, enhancing durability and minimizing future maintenance concerns. Electrical panels installed by Blakeman Electric are accepted by major insurance carriers and are not on any restricted or uninsurable lists, further strengthening the property's operational profile. The asset offers a strong parking ratio with 17 on-site parking spaces for 15 units, a valuable amenity in this submarket. All units are separately metered for electricity, while water and gas are master metered, allowing for efficient expense management and the potential for future utility reimbursement strategies. A dedicated on-site laundry room serves all residents, providing a high-demand amenity and an additional source of ancillary income. Notably, the property is being offered for the first time in approximately 25 years, presenting investors with a rare opportunity to acquire a well-maintained, generational-quality asset with durable fundamentals, low capital risk, and exceptional unit sizes in one of the San Fernando Valley's most sought-after rental markets.
Presented By: Tony Azzi with Tony Azzi;

Interior Features for 11725 Gilmore Street

Bedrooms

Total Bedrooms29

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths23

Other Interior Features

Total Stories3

General for 11725 Gilmore Street

Attached Garage Yes
Cap Rate5.63
CityNorth Hollywood
CountyLos Angeles
DirectionsLocated in North Hollywood (91606), 11725 Gilmore St sits just east of major Valley thoroughfares and minutes from the NoHo Arts District, Studio City, and Sherman Oaks, with convenient access to nearby freeways, employment centers, dining, and retail.
Full Baths
Gross Income385273
HOANo
LevelsThree Or More
Living Area18999
Lot Size Square Feet15015
Lot Size UnitsSquare Feet
MLS AreaNHO - North Hollywood
Net Operating Income236403
New ConstructionNo
Number Of Units Total15
PostalCityNORTH HOLLYWOOD
Property ConditionUpdated/Remodeled
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Year Built1963
ZoningLARD1.5

Exterior for 11725 Gilmore Street

Building Area Total18999
Lot Dimensions63x238
Lot Size Acres0.3447
Lot Size Area15015
Lot Size SourceOther
Number of Buildings1
Parking FeaturesCovered, Private, Uncovered
Total Parking17

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,200,000
MLS#26650877
List Date 01/23/2026
Property Type Multi-Family
Phone 888.795.6274
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