Homes for sale - 11447 Cumpston ST, North Hollywood, CA 91601

Additional details

Paul Ward

Keller Williams

somis@homeandranchsellingteam.com +1(805) 479-5004

$3,095,000

Est. payment - /mo

15 Beds

14 Baths

6,620 SqFt

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UPDATED:

01/29/2025 01:18 PM

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

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Listed by Michael Fitzgerald • Power Brokers

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Paul Ward

+1(805) 479-5004

Agent | License ID: 01354001

Agent License ID: 01354001

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11447 Cumpston ST North Hollywood, CA 91601

Paul Ward

Key Details

Location

Interior

Exterior

Building

Others

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