North Hollywood, CA 91601,11063 Cumpston St
North Hollywood, CA 91601,11063 Cumpston St
North Hollywood, CA 91601,11063 Cumpston St
10
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$3,200,000
Est. payment /mo
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16 Beds
16 Baths
7,490 SqFt
Active

11063 Cumpston St North Hollywood, CA 91601

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,490 sqft

Price per Sqft $427

MLS Listing ID 25515935

Bedrooms 16

Year Built 1993

Lot Size 6,236 Sqft

Acres 0.1432

Property Sub-Type Multi-Family

Property Description

We are pleased to present 11063 Cumpston St, an exceptional investment opportunity in the heart of the NoHo Arts District, one of Los Angeles' most rapidly evolving and high-demand rental markets. This well-maintained eight-unit multifamily property, built in 1993, features spacious two-bedroom, two-bath townhome-style units, catering to tenants seeking modern layouts and a prime location.As a 1993-built asset, the property is not subject to Los Angeles Rent Stabilization Ordinance (RSO) but falls under California's AB 1482, allowing for higher annual rent increases compared to older rent-controlled buildings. The property includes gated parking, private entryways, and in-unit amenities, making it highly attractive to renters.The surrounding NoHo Arts District is experiencing a surge in new developments, enhancing the area's appeal and contributing to strong rental demand and long-term appreciation potential. Located just minutes from theaters, restaurants, nightlife, and major employment hubs, the property attracts young professionals, creatives, and long-term renters. Easy access to the Metro Red and Orange Lines and proximity to the 170, 134, and 101 freeways provide seamless connectivity throughout Los Angeles.This property presents a rare opportunity to acquire a well-positioned, newer-construction asset in a thriving market, offering stable cash ow, strong upside potential, and long-term appreciation.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Gated, Private Garage, Private

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

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agent

Keith Hill

Agent | RE.181555

+1(725) 910-7805

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11063 Cumpston St