North Hollywood, CA 91601 11063 Cumpston Street

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Presented By: Filip Niculete with Marcus & Millichap;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25515935
  • 03/24/2025
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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 • 16
  • Baths • 16
  • SQFT • 7,490

Home Details

We are pleased to present 11063 Cumpston St, an exceptional investment opportunity in the heart of the NoHo Arts District, one of Los Angeles' most rapidly evolving and high-demand rental markets. This well-maintained eight-unit multifamily property, built in 1993, features spacious two-bedroom, two-bath townhome-style units, catering to tenants seeking modern layouts and a prime location.As a 1993-built asset, the property is not subject to Los Angeles Rent Stabilization Ordinance (RSO) but falls under California's AB 1482, allowing for higher annual rent increases compared to older rent-controlled buildings. The property includes gated parking, private entryways, and in-unit amenities, making it highly attractive to renters.The surrounding NoHo Arts District is experiencing a surge in new developments, enhancing the area's appeal and contributing to strong rental demand and long-term appreciation potential. Located just minutes from theaters, restaurants, nightlife, and major employment hubs, the property attracts young professionals, creatives, and long-term renters. Easy access to the Metro Red and Orange Lines and proximity to the 170, 134, and 101 freeways provide seamless connectivity throughout Los Angeles.This property presents a rare opportunity to acquire a well-positioned, newer-construction asset in a thriving market, offering stable cash ow, strong upside potential, and long-term appreciation.
Presented By: Filip Niculete with Marcus & Millichap;

Interior Features for 11063 Cumpston Street

Bedrooms

Total Bedrooms16

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths16

Other Interior Features

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

General for 11063 Cumpston Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.67
Carport Y/NNo
CityNorth Hollywood
CountyLos Angeles
DirectionsCumpston St & Vineland Ave
Full Baths
Garage Y/NNo
Gross Income227016.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet6236.0
Lot Size UnitsSquareFeet
MLS AreaNHO - North Hollywood
MobileHomeRemainsYNNo
Net Operating Income149478.0
New ConstructionNo
Number Of Units Total8
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1993
ZoningLAR4

Exterior for 11063 Cumpston Street

Building Area Total7490.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x125
Lot Size Acres0.1432
Lot Size Area6236.0
Number of Buildings1
Parking FeaturesGated, Private
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,100,000
MLS#25515935
List Date 03/24/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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