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  • 11310 Martha Street

11310 Martha Street, North Hollywood, CA 91601

$3,875,000 Approx. USD 21 beds, 21 baths
8,117 sqft

Reduced by $70,000 on 6/12/2026
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Photo of Jimmy Rashid

Jimmy Rashid REALTORĀ® - Sales Associate 424-209-9129 m
818-223-9100 o
Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com
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Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com
Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
Phone: 818-223-9100
Fax: 818-876-3100
Calabasas 23925 Park Sorrento
Calabasas, CA 91302
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Fax: 818-876-3100
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Listing Agent


Bahram 'Allen' Amjad | bahram.amjad@gmail.com
Lic#: 02108852
Broker: Courtesy of KW Westside Estates
Phone: 310-874-8141

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26638147
List price is $3,875,000 Reduced by $70,000 on 6/12/2026
Price: $3,875,000
Beds: 21
Baths: 21
Built in 2025
8,117 sqft
0.17 acres
Lot size: 0.1665
County: Los Angeles
Zoning: LARD1.5
Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer
Parking description: Garage
Heating/cooling: Central Air
Heating description: Central
MLS area: NHO - North Hollywood

Last Updated: 6/12/2026

 Days On Market (DOM): 156

 Find more North Hollywood homes and real estate

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This listing belongs to the NHO - North Hollywood MLS area

Lat/Long: 34.172866, -118.377251.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jimmy Rashid

Jimmy Rashid REALTORĀ® - Sales Associate 424-209-9129 m
818-223-9100 o
Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com
Text Me
Call My Cell
Call My Office
Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com

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