North Hollywood, CA 91601,11447 Cumpston St
North Hollywood, CA 91601,11447 Cumpston St
North Hollywood, CA 91601,11447 Cumpston St
43
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$3,095,000
Est. payment /mo
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15 BD
14 BA
6,620 SqFt
New

11447 Cumpston St North Hollywood, CA 91601

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UPDATED:

01/21/2025 05:11 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,620 sqft

Price per Sqft $467

MLS Listing ID 25-486777

Bedrooms 15

Construction Status New Construction

Year Built 2025

Lot Size 5,743 Sqft

Acres 0.1318

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 North Hollywood

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Laminate

Equipment Dishwasher, Dryer, Microwave, Washer, Solar Panels, Refrigerator, Range/Oven

Laundry In Unit

Exterior

Parking Features Carport, Covered Parking, Garage - 2 Car, Driveway - Brick

Garage Spaces 8.0

Pool None

Building

Story 3

Sewer In Street

Water Public

Level or Stories Three Or More

Construction Status New Construction

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Power Brokers

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agent

Pamela Meuse

Broker Associate | License ID: 1716430

+1(760) 567-3766

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11447 Cumpston St