Description
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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49203548
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 16
Bathroom Information
- Total Baths: 16
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1993
- Building Area Total: 7,490
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1432
- Lot Size Dimensions: 50x125
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6236
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Listing Information
Listing Price Information
- Original List Price: 3,200,000
- Listing Contract Date: 2025-03-24
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 2350003010
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Gated,Private
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Directions: Cumpston St & Vineland Ave
- Zoning: LAR4
- Source Property Type: Residential Income
- Area: NHO - North Hollywood
Building and Construction
- Property Age: 32
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 7490
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 04/08/2025 @ 17:06
- MLS: 25515935
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 16 bedrooms which is for sale, it has 7,490 sqft, 6,236 sized lot, and 0 parking. are nearby neighborhoods.