Mountain View 11725 Gilmore St Immeuble residentiel 15 lots 3 624 054 € (241 604 €/Lot) Taux de capitalisation 5,63 % North Hollywood, CA 91606

The Azzi Group of Marcus & Millichap is pleased to present 11725 Gilmore Street, a 15-unit multifamily investment opportunity in North Hollywood (91606). Built in 1963, the three-story, fee-simple asset totals approximately 18,999 SF on a 15,015 SF lot and features a rare unit mix of oversized, townhome-style two-bedroom residences, with most units exceeding 1,300 SF.
The property has received meaningful capital improvements, including a complete roof replacement completed approximately one year ago and full copper repiping in 2005, reducing near-term and long-term maintenance risk. Electrical panels installed by Blakeman Electric are insurance-compatible and accepted by major carriers.
Additional highlights include 17 on-site parking spaces, separately metered electricity, master-metered water and gas, and a dedicated on-site laundry room providing ancillary income. Offered for the first time in approximately 25 years, 11725 Gilmore Street presents a rare opportunity to acquire a well-maintained asset with durable construction, strong fundamentals, and exceptional unit sizes in a highly desirable North Hollywood submarket.