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.
For sale
$3,200,000
11063 Cumpston St, North Hollywood, CA 91601
16beds
16baths
7,490sqft
Est.:
Multi Family
Built in 1993
-- sqft lot
$3,071,600 Zestimate®
$427/sqft
$-- HOA
What's special
Gated parkingModern layoutsPrivate entrywaysIn-unit amenities
- 88 days
- on Zillow |
- 32 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 06:50am
Listed by:
Filip Niculete DRE # 01905352 818-212-2817,
Marcus & Millichap 818-212-2700,
Glen Scher DRE # 01962976 818-212-2808,
Marcus & Millichap
Source: CLAW,MLS#: 25515935

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 7,490
- Total interior livable area: 7,490 sqft
Property
Parking
- Parking features: Gated, Private Garage, Private
- Has garage: Yes
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Size: 6,237.79 Square Feet
- Dimensions: 50 x 125
Details
- Additional structures: None
- Zoning: LAR4
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1993
Community & HOA
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $3,537,508
- Date on market: 3/24/2025
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