North Hollywood, CA 91601 11447 Cumpston Street

11447 Cumpston Street North Hollywood, CA - Image 111447 Cumpston Street North Hollywood, CA - Image 211447 Cumpston Street North Hollywood, CA - Image 3
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Presented By: Michael Fitzgerald with Power Brokers;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25486777
  • 01/21/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 15
  • Baths • 14
  • SQFT • 6,620
  • Garage • 1

Home Details

Introducing 11447 Cumpston St, a brand-new, four-unit townhome development built in 2025, offering a unique investment opportunity with excellent financial returns. This property is estimated to generate $17,780 per month / $213,360 annually, with a pro-forma cap rate of 5.31%, making it one of the most attractive options in the 91601 zip code. With four spacious, thoughtfully designed units, including layouts of 4 b/3 b, 3 b/3.5 b, 3 b/3 b, and 5 b/4 b, this property offers versatile living spaces that will appeal to a wide range of tenants. Each townhome features open living areas with massive windows, flooding the interiors with natural light, and fully equipped kitchens with custom designs and high-end stainless steel appliances. The property is securely gated and includes eight parking spaces, with two dedicated spots per unit, ensuring ample parking for residents. Located adjacent to a single-family neighborhood, 11447 Cumpston St sits in the heart of the highly sought-after NoHo Arts District. Tenants will enjoy easy access to vibrant restaurants, theaters, and boutique shops, as well as proximity to the 101, 134, and 170 freeways, ensuring convenience for commuters.With its best-priced four-plex in the 91601 area and strong potential for high rental income, this property is an exceptional investment opportunity in North Hollywood.
Presented By: Michael Fitzgerald with Power Brokers;

Interior Features for 11447 Cumpston Street

Bedrooms

Total Bedrooms15

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths14

Other Interior Features

LivingAreaSourcePlans
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Total Stories3

General for 11447 Cumpston Street

Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Refrigerator, Dryer, Washer
Attached Garage No
Cap Rate5.31
Carport Y/NYes
CityNorth Hollywood
Community FeaturesGated
CoolingCentralAir
CountyLos Angeles
Directions11447 Cumpston St. North Hollywood, CA 91601
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income213360.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Lot Size Square Feet5743.0
Lot Size UnitsSquareFeet
MLS AreaNHO - North Hollywood
MobileHomeRemainsYNNo
Net Operating Income164287.0
New ConstructionYes
Number Of Units Total4
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tenant PaysElectricity, Gas, TrashCollection, Water
Waterfront Y/NNo
Year Built2025
Year Built SourceOwner
ZoningLAR4

Exterior for 11447 Cumpston Street

Building Area Total6620.0
Crops Included Y/NNo
Exterior AmenitiesBrickDriveway
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions53x108
Lot Size Acres0.1318
Lot Size Area5743.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesCovered, Carport, DoorMulti, Garage
Private PoolNo
SpaNo
Total Parking8.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,095,000
MLS#25486777
List Date 01/21/2025
Property Type Multi-Family
Phone 714.742.6515
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