11314 Martha Street, North Hollywood, CA 91601
Local realty services provided by:CENTURY 21 Village Realty
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 $2,299/month for studios and $2,585/month for one-bedrooms, these additions could generate roughly $90,000 in additional annual income, translating to approximately $1,160,000 in added value at current cap rates. This presents a rare opportunity to acquire a stabilized, cash-flowing asset with meaningful built-in upside. Each three-story townhome features contemporary architecture, abundant natural light, sleek designer finishes, and private balconies. Interior highlights include light oak-tone flooring, modern kitchens with stainless steel appliances and custom cabinetry, stylish designer bathroom tile, and in-unit washer/dryersa rare and highly attractive amenity. Owned solar panels help reduce operating costs, while all utilities are separately metered and tenant-paid, maximizing NOI. Buyer to verify all information, including ADU feasibility.
Contact an agent
Home facts
- Year built:2025
- Listing ID #:26638147
- Added:1 day(s) ago
- Updated:January 15, 2026 at 06:26 PM
Rooms and interior
- Bedrooms:21
- Total bathrooms:21
- 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
New listings near 11314 Martha Street
- New
$715,000Active2 beds 2 baths1,215 sq. ft.4400 Cartwright Avenue #102, North Hollywood, CA 91602
MLS# 26637969Listed by: CAROLWOOD ESTATES - Open Fri, 11am to 2pmNew
$1,695,000Active4 beds 4 baths2,211 sq. ft.5828 Irvine Avenue, North Hollywood, CA 91601
MLS# 26638159Listed by: COMPASS - Open Sat, 1 to 4pmNew
$895,000Active3 beds 2 baths1,364 sq. ft.13130 Crewe Street, North Hollywood, CA 91605
MLS# 26637381Listed by: PLG ESTATES - New
$1,499,995Active4 beds 2 baths1,849 sq. ft.4728 Farmdale Avenue, Valley Village, CA 91602
MLS# CL26636405Listed by: COMPASS - New
$1,050,000Active4 beds 2 baths1,725 sq. ft.8119 Irvine, North Hollywood (los Angeles), CA 91605
MLS# CRGD26009277Listed by: ABRA INC. - Open Fri, 11am to 2pmNew
$2,895,000Active4 beds 6 baths2,910 sq. ft.4825 Forman Avenue, North Hollywood, CA 91601
MLS# SR26009370Listed by: CHRISTIE'S INT. R.E SOCAL - New
$8,750,000Active46 beds 45 baths28,494 sq. ft.4215 Vineland Avenue, North Hollywood, CA 91602
MLS# 26637885Listed by: MARCUS & MILLICHAP - Open Sat, 11am to 3pmNew
$1,150,000Active4 beds 4 baths2,142 sq. ft.7001 Ethel Avenue, North Hollywood, CA 91605
MLS# OC26008108Listed by: EXP REALTY OF CALIFORNIA INC - New
$725,000Active2 beds 2 baths1,188 sq. ft.10707 Camarillo Street #108, Toluca Lake (los Angeles), CA 91602
MLS# CL26637233Listed by: COMPASS