$3,100,000
$100K PRICE DROP

11063 Cumpston St North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated payment $19,958/month

Total Views 3,841
16 Beds
16 Baths
7,490 Sq Ft
$414 Price per Sq Ft

About This Home

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 Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 03/24/2025

Co-Listing Agent

Glen Scher

Marcus & Millichap License #01962976

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 6,236 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Split Level Home

Interior Spaces

  • 7,490 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • Garage
  • Private Parking
  • Gated Parking

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 2350-003-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 7490
  • Lot Acreage: 0.1432
  • Lot Dimensions: 50x125
  • Stories: 3
  • Year Built: 1993
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 16.00
  • Price Per S Q F T: 413.89

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Gated, Private Garage, Private

Lot Info

  • Assessed Improvement Percent: 51.75
  • Assessed Improvement Value: 1830765
  • Assessed Land Percent: 48.25
  • Assessed Land Value: 1706743
  • Total Assessed Value: 3537508
  • Assessor Parcel Number: 2350-003-010
  • Lot Size Area: 6236

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.98
  • Number Of Units: 8
  • Total Annual Expense: 72648
  • Type Of Units: Market
  • Vacancy Rate: 3%

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $3,100,000 -3.1% $414 / Sq Ft
03/24/2025 03/24/25 For Sale $3,200,000 -- $427 / Sq Ft
Source: The MLS

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See All Homes in North Hollywood

Source: The MLS

MLS Number: 25515935

The MLS
California Los Angeles County North Hollywood 91601 North Hollywood

11063 Cumpston St, North Hollywood, CA

This home is located at 11063 Cumpston St, North Hollywood, CA 91601 and is currently priced at $3,100,000, approximately $413 per square foot. This property was built in 1993. 11063 Cumpston St is a home located in Los Angeles County with nearby schools including Lankershim Elementary School, Walter Reed Middle, and East Valley Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Nearby Homes
Filip Niculete
Listing Agent
Filip Niculete
Section Image
Marcus & Millichap
(747) 359-3642