Listing provided courtesy of KW Westside Estates- MLS# 26638147MLS Provider

11310 Martha StNorth Hollywood, CA 91601

Multi-Family · 21 Beds · 8,117 Sq. ft. | 0.17 Acres
$3,875,000 Active

11310 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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

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

34
Median Age
13,323
Population Density (per sq. mile)
54%
College Educated
$57,411
Estimated Median Income
2,675
Estimated Total Home Owners
14,329
Estimated Total Renters
16% / 84%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11310 Martha St Market Data

Based on the last 30 days in this zip code

$1,450,513
Average List Price
$832
Average Price per Square Foot
7
Properties Sold
80
Average Days on Market
140
Properties for Sale
Calculations provided by Reliance Network

11310 Martha St History

Date Event Value Agent
6/11/2026Source: CRMLS Price Reduction
$3,875,000 -1.8%
6/11/2026Source: TheMLS (CLAW) Price Reduction
$3,875,000 -1.8%
3/23/2026Source: CRMLS Price Reduction
$3,945,000 -1.3%
3/23/2026Source: TheMLS (CLAW) Price Reduction
$3,945,000 -1.3%
1/15/2026Source: CRMLS Added to Database
January 15, 2026
1/15/2026Source: TheMLS (CLAW) Added to Database
January 15, 2026
Cookie Button: