Contact Xavier Gomez
Contacting Xavier Gomez
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
11063 Cumpston Street, North Hollywood, CA 91601
Priced at Only: $3,100,000
For more Information Call
Address: 11063 Cumpston Street, North Hollywood, CA 91601
Request More Information
  • All fields are required.
  • MLS#: 25515935 ( )
  • Street Address: 11063 Cumpston Street
  • Viewed: 2
  • Price: $3,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1993
  • Bldg sqft: 0
  • Days On Market: 294
  • Additional Information
  • County: LOS ANGELES
  • City: North Hollywood
  • Zipcode: 91601
  • Provided by: Marcus & Millichap
  • Contact: Filip Filip
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present 11063 Cumpston St, an exceptional investment opportunity in the heart of the NoHo Arts District, one of Los Angeles' most rapidly evolving and high demand rental markets. This well maintained eight unit multifamily property, built in 1993, features spacious two bedroom, two bath townhome style units, catering to tenants seeking modern layouts and a prime location.As a 1993 built asset, the property is not subject to Los Angeles Rent Stabilization Ordinance (RSO) but falls under California's AB 1482, allowing for higher annual rent increases compared to older rent controlled buildings. The property includes gated parking, private entryways, and in unit amenities, making it highly attractive to renters.The surrounding NoHo Arts District is experiencing a surge in new developments, enhancing the area's appeal and contributing to strong rental demand and long term appreciation potential. Located just minutes from theaters, restaurants, nightlife, and major employment hubs, the property attracts young professionals, creatives, and long term renters. Easy access to the Metro Red and Orange Lines and proximity to the 170, 134, and 101 freeways provide seamless connectivity throughout Los Angeles.This property presents a rare opportunity to acquire a well positioned, newer construction asset in a thriving market, offering stable cash ow, strong upside potential, and long term appreciation.
Features
Building Area Total
  1. 7490.00
Country
  1. US
Levels
  1. Multi/Split
Netoperatingincome
  1. 149478.00
Parcel Number
  1. 2350003010
Parking Features
  1. Gated
  2. Private
Sourcesystemkey
  1. 25515935:CLAW
Totalexpenses
  1. 72648.00
Year Built
  1. 1993
Zoning
  1. LAR4
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
Request More Information
  • All fields are required.