11310 Martha Street, North Hollywood, CA 91601
Local realty services provided by:ERA Excel Realty
11310 Martha Street,North Hollywood, CA 91601
$3,945,000
- 21 Beds
- 21 Baths
- 8,117 sq. ft.
- Multi-family
- Active
Listed by: bahram 'allen' amjad
Office: kw westside estates310-482-2200
MLS#:26638147
Source:CRMLS
Price summary
- Price:$3,945,000
- Price per sq. ft.:$486.02
About this home
We are pleased to present 11314 Martha St, a brand-new construction, NON-RENT-CONTROLLED, five-unit luxury townhome complex LOCATED in the highly desirable NoHo Arts District. Fully leased and OPERATING AT A TURNKEY 6% CAP rate, this stabilized asset delivers a reliable, government-backed annual income of $307,428. The property is 100% OCCUPIED by familiesa demographic historically known for lower turnoverwith over 88% of current rents securely backed by Section 8.Situated on a large 7,252 SF lot, the property consists of three separate, contemporary buildings offering 8,117 SF of premium living space. This offering CONTAINS an incredible unit mix of two 5-bedroom/5-bathroom townhomes, two 4-bedroom/4-bathroom townhomes, and one 3-bedroom/3-bathroom ADU, totaling 21 bedrooms. Each three-story residence features highly functional layouts, contemporary architecture, and high-end designer finishes. Units are equipped with private in-unit washers and dryers, modern kitchens with custom cabinetry and STAINLESS STEEL appliances, stylish bathroom tile, and private balconies.Designed for LOW MAINTENANCE and high efficiency, the property features owned solar panels. All utilities are SEPARATELY METERED and tenant-paid, keeping owner expenses exceptionally low and maximizing your Net Operating Income (NOI). The NoHo Arts District's central location and proximity to major entertainment and job hubs ensure an unrelenting rental demand and investor stability for years to come.MAJOR VALUE-ADD OPPORTUNITY: This property offers incredible upside potential. Because of the expansive lot size and existing layout, the property provides ample room to convert one garage into two studio units and build two ADDITIONAL detached 1-bedroom ADUs. Adding these four extra units and leasing them through Section 8 is a straightforward way to drastically increase monthly rental income and the overall value of the building.This is a rare opportunity to ACQUIRE a pristine, cash-flowing asset with immediate government-backed stability and massive future growth potential.BUYER TO VERIFY ALL INFORMATION....
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Home facts
- Year built:2025
- Listing ID #:26638147
- Added:46 day(s) ago
- Updated:May 09, 2026 at 01:23 PM
Rooms and interior
- Bedrooms:21
- Total bathrooms:21
- Kitchen Description:Dishwasher, Microwave, Refrigerator, Washer
- Living area:8,117 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Year built:2025
- Building area:8,117 sq. ft.
- Lot area:0.17 Acres
- Levels:Multi Split
Finances and disclosures
- Price:$3,945,000
- Price per sq. ft.:$486.02
Features and amenities
- Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:8
- Parking description:Garage
- Garage:Yes
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