11314 Martha Street, North Hollywood, CA 91601

North Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
11314 Martha Street,North Hollywood, CA 91601
$3,995,000
  • 21 Beds
  • 21 Baths
  • 8,117 sq. ft.
  • Multi-family
  • Active
Listed by: bahram 'allen' amjad
Office: kw westside estates
MLS#:26638147
Source:CRMLS

Price summary

  • Price:$3,995,000
  • Price per sq. ft.:$492.18

About this home

Welcome to 11314 Martha St a stunning, brand-new construction, non-rent-controlled, five-unit townhome investment in the heart of the NoHo Arts District. This exceptional property is 100% fully leased and occupied by families, contributing to historically lower tenant turnover, with over 88% of rents backed by the Housing Authority of the City of Los Angeles (HACLA). The asset delivers stable, government-guaranteed annual income of $307,428 at an impressive 5.90% cap rate. The property consists of three separate buildings situated on a 7,252 SF lot and offers a highly desirable unit mix: two 5-bedroom / 5-bath townhomes, two 4-bedroom / 4-bath townhomes, and one 3-bedroom / 3-bath ADU, totaling 21 bedrooms across 8,117 SF of premium living space.Major Value-Add Opportunity: Preliminary plans are in place to convert one garage space into two studio units and to construct two detached one-bedroom ADUs on the lot. With HACLA voucher rates in the 91601 zip code at approximately

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Home facts

  • Year built:2025
  • Listing ID #:26638147
  • Added:49 day(s) ago
  • Updated:March 06, 2026 at 11:42 AM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:21
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:8,117 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:2025
  • Building area:8,117 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$3,995,000
  • Price per sq. ft.:$492.18

Features and amenities

  • Appliances:Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Washer
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