$3,795,000

11314 Martha Street, North Hollywood, CA 91601

8,117 sq ft

Listed by Kw Westside Estates, Bahram 'allen' Amjad

Status: Active

MLS® #26997809

Property description for 11314 Martha Street, North Hollywood, CA 91601

11314 Martha Street presents a rare opportunity to acquire a newly built, fully stabilized five-unit multifamily investment in North Hollywood, just minutes from the NoHo Arts District. Completed in 2025, the property consists of five spacious three-story townhome-style residences totaling 21 bedrooms and 21 bathrooms, and is currently 100% occupied, generating $299,749 in annual rental income with approximately $234,969 NOI and a 6.2% cap rate.Each residence was designed for modern living with spacious open layouts, abundant natural light, private balconies, contemporary kitchens, stainless-steel appliances, designer bathrooms, and in-unit washer/dryers. Owned solar panels and separately metered, tenant-paid utilities help reduce operating expenses and create an efficient, low-maintenance investment.The property offers a highly desirable mix of two 5BD/5BA units, two 4BD/4BA units and one 3BD/3BA unit, along with eight on-site parking spaces. A substantial majority of the current rental income is HACLA-supported, providing additional stability to the existing cash flow. Beyond the strong in-place income, the property offers significant future upside. Preliminary plans contemplate converting garage space into two studio units and constructing two detached one-bedroom ADUs, potentially adding four additional units and materially increasing future income, subject to final approvals and buyer verification.Conveniently positioned near the NoHo Arts District, Metro transit, NOHO West, major freeways, dining, retail and entertainment, 11310 Martha combines newer construction, stabilized cash flow, efficient operations and future development potential in one compelling turnkey investment.BUYER TO VERIFY ALL INFORMATION.

QUICK OVERVIEW

Built in 2025
$468 / Sq Ft
8 parking spaces
Central Air
Central
15 days on website
0.1665 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Bahram 'allen' Amjad

Listing Office Kw Westside Estates, 3104822200

Updated Thursday, August 27, 2026 at 4:00:46 PM

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

NEIGHBORHOOD

About the North Hollywood Neighborhood

North Hollywood offers a variety of experiences for those who enjoy a vibrant atmosphere and spending time outdoors. Even though this neighborhood is not known for its lively ambience, the vibe can still be quite dynamic around its busier streets, and with its about 30 bars, there are options for nighttime activities. However, reaching parks in the neighborhood, including Valley Plaza Park and North Hollywood Recreation Center, is easy since there are about 30 of them close by for residents to visit.

Learn more about North Hollywood

Car friendly

Excellent access to freeways and/or major arteries, with almost no chance of parking problems

High Schools

At least one high school within a 10-minute walk

Groceries

Wide variety of groceries within a few minutes' walk

Restaurants

Wide variety of restaurants within a few minutes’ walk

Shopping

Wide variety of shops within a few minutes' walk

CLIMATE RISK FOR 91601

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11314 Martha Street, North Hollywood, CA 91601