Active

11310 Martha Street

North Hollywood, CA 91601
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Bed 21

Bed

Bath 0

Bath

SqFt8,117

Sqft

SqFt7,252

Sqft(Lot)

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-st ory 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,875,000

AD Id : 74262051

MLS Id : 26638147

Beds : 21

Lot Size : 7,252 Sqft

Living Area Size : 8,117

Year Built : 2025

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 21

    Bathroom Information

    Total Baths: 21 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 2025 Building Area Total: 8,117

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1665 Lot Size Dimensions: 50x145
  • Lot Size Source: Assessor Lot Size Square Feet: 7252

  • Listing Price Information

    Original List Price: 3,875,000 Listing Contract Date: 2026-01-14
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 2337038008

  • Garage and Parking

    Garage Description: Garage

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas,Trash Collection,Water

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: NHO - North Hollywood Postal Code Plus 4: 1813 Directions: Type 11312 Martha St into Navigation of choice. All 5 units can be seen from the front. Zoning: LARD1.5 Source Property Type: Residential Income Area: NHO - North Hollywood
  • Building and Construction

    Property Age: 1 Year Built Source: Assessor Total Square Feet Living: 8117 Entry Level: 1 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5665 Whitnall, North Hollywood, CA, 91601 $1,720,000 -- -- 5,440 5,440 SqFt
5709 Auckland Avenue, North Hollywood, CA, 91601 $3,195,000 18 -- 7,947 7,947 SqFt
5039 Biloxi Avenue, North Hollywood, CA, 91601 $1,249,000 3 1 1,362 1,362 SqFt
5248 Auckland Avenue, North Hollywood, CA, 91601 $3,995,000 17 -- 8,967 8,967 SqFt
5887 Whitnall, North Hollywood, CA, 91601 $1,489,000 -- -- 4,837 4,837 SqFt
5513 Cartwright Avenue, North Hollywood, CA, 91601 $1,095,000 3 2 1,551 1,551 SqFt
5007 Auckland Avenue, North Hollywood, CA, 91601 $2,150,000 4 3 1,864 1,864 SqFt
5617 Denny Avenue, North Hollywood, CA, 91601 $1,279,000 5 4 3,102 3,102 SqFt
4918 Cahuenga, North Hollywood, CA, 91601 $2,499,000 -- -- 6,083 6,083 SqFt
5641 Riverton Avenue, North Hollywood, CA, 91601 $2,150,000 8 -- 4,526 4,526 SqFt

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ByOwner last updated this listing 06/18/2026 @ 09:44

MLS: 26638147 LISTED BY: Bahram 'Allen' Amjad, KW Westside Estates 310-482-2200 SOURCE: CRMLS

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