11310 Martha ST, North Hollywood, CA 91601
11310 Martha ST, North Hollywood, CA 91601
11310 Martha ST, North Hollywood, CA 91601
11310 Martha ST, North Hollywood, CA 91601
11310 Martha ST, North Hollywood, CA 91601
11310 Martha ST, North Hollywood, CA 91601
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Salvador Saenz

Salvador Saenz

+1(562) 714-8398
$ 3,875,000
Est. payment | /mo

21 Beds

21 Baths

8,117 SqFt

Save
$ 3,875,000
Est. payment | /mo
Save

21 Beds

21 Baths

8,117 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,117 sqft

Price per Sqft $477

MLS Listing ID 26638147

Bedrooms 21

HOA Y/N No

Year Built 2025

Lot Size 7,252 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Garage

Total Parking Spaces 8

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 2337038008

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Bahram 'Allen' Amjad KW Westside Estates #02108852

Nearby Locations

Salvador Saenz

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 714-8398

the1realtorsal@gmail.com

3020 Old Ranch Parkway Suite 250, Seal Beach, CA, 90740, US

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11310 Martha ST