11314 Martha St, North Hollywood, CA 91601
11314 Martha St, North Hollywood, CA 91601
11314 Martha St, North Hollywood, CA 91601
12
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$3,795,000
Est. payment /mo
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21 Beds
21 Baths
8,117 SqFt
New

11314 Martha St North Hollywood, CA 91601

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Colt Amidan

Colt Amidan

+1(702) 767-8666

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,117 sqft

Price per Sqft $467

MLS Listing ID 26997809

Bedrooms 21

Year Built 2025

Lot Size 7,252 Sqft

Acres 0.1665

Property Sub-Type Multi-Family

Property Description

11314 Martha Street presents a rare opportunity to acquire a newly built, fully stabilized five-unit multifamily investment in North Hollywood, just minutes from the NoHo Arts District. Completed in 2025, the property consists of five spacious three-story townhome-style residences totaling 21 bedrooms and 21 bathrooms, and is currently 100% occupied, generating $299,749 in annual rental income with approximately $234,969 NOI and a 6.2% cap rate.Each residence was designed for modern living with spacious open layouts, abundant natural light, private balconies, contemporary kitchens, stainless-steel appliances, designer bathrooms, and in-unit washer/dryers. Owned solar panels and separately metered, tenant-paid utilities help reduce operating expenses and create an efficient, low-maintenance investment.The property offers a highly desirable mix of two 5BD/5BA units, two 4BD/4BA units and one 3BD/3BA unit, along with eight on-site parking spaces. A substantial majority of the current rental income is HACLA-supported, providing additional stability to the existing cash flow. Beyond the strong in-place income, the property offers significant future upside. Preliminary plans contemplate converting garage space into two studio units and constructing two detached one-bedroom ADUs, potentially adding four additional units and materially increasing future income, subject to final approvals and buyer verification.Conveniently positioned near the NoHo Arts District, Metro transit, NOHO West, major freeways, dining, retail and entertainment, 11310 Martha combines newer construction, stabilized cash flow, efficient operations and future development potential in one compelling turnkey investment.BUYER TO VERIFY ALL INFORMATION.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Freezer, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Microwave

Exterior

Parking Features Garage, Electric Vehicle Charging Station(s)

Garage Spaces 8.0

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by KW Westside Estates

NEARBY SCHOOL & BUSINESS

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Colt Amidan

Colt Amidan

Realtor RE.S.0077534.LLC

+1(702) 767-8666

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11314 Martha St