

11310 Martha StNorth Hollywood, CA 91601
Multi-Family · 21 Beds · 8,117 Sq. ft. | 0.17 Acres11310 Martha St Overview
- Time on Site:
- 165 days
- Visits:
- 0
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.
11310 Martha St Facts & Features
- Type Multi-Family
- Sq. ft. 8,117
- Price/Sq.ft. $477
- Lot 0.17 Acres
Details
General
Income/Expenses
- Gross Income: 307428
- Insurance Expense: 4750.00
- Maintenance Expense: 3000.00
- Net Operating Income: 232885.00
Building Information
- Year Built: 2025
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: North Hollywood
Rent/Lease Information
- Tenant Pays: Gas, Electricity, Trash Collection, Water
Tax Information
- Tax Assessed Value: 1167328
General Information
- Disclosures: As Is
- Property Type: Residential Income
- Zoning: LARD1.5
Interior
Beds/Baths
- Bathrooms Total: 21.00
- Bedrooms Total: 21
General Information
- Cooling: Central
- Entry Level: 1
- Heating: Central
- Levels: Multi/Split
- Living Area: 8117
- Living Area Source: Assessor
- Stories: 3
Exterior
Parking Information
- Parking Total: 8
Lot Information
- Lot Size Acres: 0.1665
- Lot Size Area: 7252
- Lot Size Dimensions: 50x145
- Lot Size Source: Assessor
- Number Of Buildings: 3
General Information
- Number Of Units Total: 5
- Other Structures: None
11310 Martha St Neighborhood
Community
91601 (North Hollywood) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.11310 Martha St Monthly Cost
11310 Martha St Market Data
Based on the last 30 days in this zip code
11310 Martha St History
| Date | Value | Agent |
|---|---|---|
| 6/11/2026Source: CRMLS | $3,875,000 -1.8% |
|
| 6/11/2026Source: TheMLS (CLAW) | $3,875,000 -1.8% |
|
| 3/23/2026Source: CRMLS | $3,945,000 -1.3% |
|
| 3/23/2026Source: TheMLS (CLAW) | $3,945,000 -1.3% |
|
| 1/15/2026Source: CRMLS | January 15, 2026 |
|
| 1/15/2026Source: TheMLS (CLAW) | January 15, 2026 |