11063 Cumpston Street, North Hollywood, CA 91601 - Berkshire Hathaway HomeServices California Properties

11063 Cumpston Street, North Hollywood, CA 91601

$3,100,000 Approx. USD 16 beds, 16 baths
7,490 sqft

Reduced by $100,000 on 7/22/2025

Listing Agent


Filip Niculete | info@laaa.com
Lic#: 01905352
Broker: Courtesy of Marcus & Millichap

Co Listing Agent


Glen Scher | glen.scher@marcusmillichap.com
Lic#: 01962976
Broker: Courtesy of Marcus & Millichap

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25515935
List price is $3,100,000 Reduced by $100,000 on 7/22/2025
Price: $3,100,000
Beds: 16
Baths: 16
Built in 1993
7,490 sqft
0.14 acres
Lot size: 0.1432
County: Los Angeles
Zoning: LAR4
Parking description: Gated,Private
MLS area: NHO - North Hollywood

Last Updated: 7/22/2025

 Days On Market (DOM): 121

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This listing belongs to the NHO - North Hollywood MLS area

Lat/Long: 34.170258, -118.372384.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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