11447 Cumpston Street, North Hollywood, CA 91601
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Listed Price :
$3,095,000
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Beds :
15
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Baths :
14
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Property Size :
6,620 sqft
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Year Built :
2025
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.
Interior Features
Bedroom Information |
Bedrooms |
15 |
Bathroom Information |
Bathrooms |
14 |
Flooring Information |
Material |
Laminate |
Interior Information |
Cooling Type |
Central Air |
Listing Information
Address |
11447 Cumpston Street |
City |
North Hollywood |
State |
CA |
Zip |
91601 |
County |
Los Angeles |
Listing Agent |
Michael Fitzgerald DRE #02016898 |
Courtesy Of |
Power Brokers |
List Price |
$3,095,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
6,620 |
Lot Size |
5,743 |
Year Built |
2025 |
Listing information courtesy of: Michael Fitzgerald, Power Brokers. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 21st, 2025 at 9:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.