11447 Cumpston ST new Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91601
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,620 sqft
Price per Sqft $467
MLS Listing ID 25486777
Bedrooms 15
HOA Y/N No
Year Built 2025
Lot Size 5,741 Sqft
Property Description
Introducing 11447 Cumpston St, a brand-new, four-unit townhome development built in 2025, offering a unique investment opportunity with excellent financial returns. This property is estimated to generate $17,780 per month / $213,360 annually, with a pro-forma cap rate of 5.31%, making it one of the most attractive options in the 91601 zip code. With four spacious, thoughtfully designed units, including layouts of 4 b/3 b, 3 b/3.5 b, 3 b/3 b, and 5 b/4 b, this property offers versatile living spaces that will appeal to a wide range of tenants. Each townhome features open living areas with massive windows, flooding the interiors with natural light, and fully equipped kitchens with custom designs and high-end stainless steel appliances. The property is securely gated and includes eight parking spaces, with two dedicated spots per unit, ensuring ample parking for residents. Located adjacent to a single-family neighborhood, 11447 Cumpston St sits in the heart of the highly sought-after NoHo Arts District. Tenants will enjoy easy access to vibrant restaurants, theaters, and boutique shops, as well as proximity to the 101, 134, and 170 freeways, ensuring convenience for commuters.With its best-priced four-plex in the 91601 area and strong potential for high rental income, this property is an exceptional investment opportunity in North Hollywood.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR4
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Dishwasher,Microwave,Refrigerator,Dryer,Washer
Exterior
Exterior Feature Brick Driveway
Parking Features Covered,Carport,Door-Multi,Garage
Pool None
Community Features Gated
Total Parking Spaces 8
Private Pool No
Building
Story 3
Entry Level Three Or More
Sewer Other
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 2350009026
Security Features Gated Community
Special Listing Condition Standard