11063 Cumpston St

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.

This home located at 11063 Cumpston St is currently active and has been available on pardeeproperties.com for 120 days. This property is listed at $3,100,000. It has 16 beds and 16 bathrooms. The property was built in 1993. 11063 Cumpston St is in the North Hollywood community of County.

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