11111 Cumpston St, Los Angeles, CA 91601

Executive Summary

LOCATION AND NEIGHBORHOOD
Located in the highly desirable North Hollywood (NoHo) Arts District, this exceptional multifamily property at 11111 Cumpston Street presents an attractive investment or redevelopment opportunity in one of Los Angeles’ most vibrant urban markets. Situated in the heart of the North Hollywood Arts District, the subject property benefits from proximity to the Metro Red Line transit, major freeways (101, 134, 170), studios, theaters, restaurants, coffee shops, and other cultural amenities that drive both rental demand and long-term growth. 11111 Cumpston Apartments is a modern apartment community with controlled access, secure parking, elevator service, and contemporary interior finishes. The units are designed with everyday convenience in mind (in-unit laundry, quality kitchen features, private balconies), include assigned parking spaces, and are located in a walkable, transit-accessible part of North Hollywood.

UNIT MIX
Studio +1 Bath -24
1 Br +1 Bath - 10
2 Br + 2 Bath - 8
ADU in process of completion - 1

Assigned secure parking for each unit.

MARKET POSITIONING
North Hollywood remains one of the strongest performing multifamily submarkets in Los Angeles County due to:
Proximity to major employment centers.
Continued infrastructure and transit improvements.
Attractive relative rental pricing compared to Hollywood and Studio City.
Ongoing redevelopment initiatives.
The property’s location within a high-demand rental corridor positions it for consistent occupancy and long-term appreciation.

11111 Cumpston Street Apartments presents a rare opportunity to acquire a well-located multifamily investment asset in the heart of the highly desirable NoHo Arts District of North Hollywood. Positioned on a quiet residential street just moments from major transit, retail corridors, and employment centers, the property benefits from strong rental demand, long-term appreciation fundamentals, and continued neighborhood redevelopment.

FINANCIAL OFFERING:
Seller offers assumable $4.5M loan at 3.75% through 2030.

GROSS ANNUAL INCOME IS AROUND $1,176,000 WITH ABOUT $77,011.00 SELLER'S EXPENSES FOR MAINTENANCE.

THE AREA'S REAL ESTATE TAXES ARE AT 1.18738%.
A COPY OF THE ACTUAL RENT ROLLS IS TO BE PROVIDED TO THE PRE-QUALIFIED BUYER OR THE BUYER'S AGENT.

CONFIDENTIALITY & DISCLAIMER

This property description has been prepared solely for informational purposes. The information contained herein has been obtained from sources deemed reliable; however, no representation or warranty is made as to its accuracy or completeness. Prospective purchasers should conduct their own independent investigations and due diligence.

Information from public sites is deemed reliable but not guaranteed. All measurements are approximate. Buyer shall conduct its own investigation. Seller’s Broker is not liable for any information derived from public sources of information.