11448 Cumpston Street, North Hollywood, CA 91601

Local realty services provided by:ERA North Orange County Real Estate
11448 Cumpston Street,North Hollywood, CA 91601
$3,495,000
  • 0.31 Acres
  • Lots / Land
  • Active
Listed by:casey picard
Office:keller williams realty
MLS#:P1-23480
Source:CRMLS

Price summary

  • Price:$3,495,000

About this home

Located in the heart of the NoHo Arts District, 11448 Cumpston Street presents a rare opportunity to acquire a multifaceted asset on a +/-13,355 SF lot with immediate value-add potential and long-term development upside. Currently operating as a 15-unit apartment complex, the property features a unit mix of (12) 1-bed / 1-bath units, (2) studio / 1- bath units, and (1) 2-bed / 2-bath unit, totaling +/-8,991 SF of rentable space. Originally built in 1963, the building offers copper plumbing and a newer roof (buyer to verify).With one current vacancy, an investor who leases up the unit can achieve a projected monthly gross rental income of approximately $19,733.08. Additionally, the lot's zoning andlocation offer the potential for up to 60 new units through ground-up development--positioning this as a compelling play for either repositioning or redevelopment.The property qualifies for Tier 6 Section 8 rents and is situated within a Highest Resource Area, which maximizes incentives and

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Home facts

  • Listing ID #:P1-23480
  • Added:56 day(s) ago
  • Updated:September 21, 2025 at 01:19 PM

Structure and exterior

  • Lot area:0.31 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$3,495,000
Based on information from California Regional Multiple Listing Service, Inc. as of September 25, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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