Welcome to 11314 Martha St a stunning, brand new construction, non rent controlled, five unit townhome investment in the heart of the NoHo Arts District. This exceptional property is 100% fully leased and occupied by families, contributing to historically lower tenant turnover, with over 88% of rents backed by the Housing Authority of the City of Los Angeles (HACLA). The asset delivers stable, government guaranteed annual income of $307,428 at an impressive 5.90% cap rate. The property consists of three separate buildings situated on a 7,252 SF lot and offers a highly desirable unit mix: two 5 bedroom / 5 bath townhomes, two 4 bedroom / 4 bath townhomes, and one 3 bedroom / 3 bath ADU, totaling 21 bedrooms across 8,117 SF of premium living space.Major Value Add Opportunity: Preliminary plans are in place to convert one garage space into two studio units and to construct two detached one bedroom ADUs on the lot. With HACLA voucher rates in the 91601 zip code at approximately $2,299/month for studios and $2,585/month for one bedrooms, these additions could generate roughly $90,000 in additional annual income, translating to approximately $1,160,000 in added value at current cap rates. This presents a rare opportunity to acquire a stabilized, cash flowing asset with meaningful built in upside. Each three story townhome features contemporary architecture, abundant natural light, sleek designer finishes, and private balconies. Interior highlights include light oak tone flooring, modern kitchens with stainless steel appliances and custom cabinetry, stylish designer bathroom tile, and in unit washer/dryersa rare and highly attractive amenity. Owned solar panels help reduce operating costs, while all utilities are separately metered and tenant paid, maximizing NOI. Buyer to verify all information, including ADU feasibility.