North Hollywood, CA 91601,10828 Hesby St
North Hollywood, CA 91601,10828 Hesby St
North Hollywood, CA 91601,10828 Hesby St
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$3,795,000
Est. payment /mo
17 Beds
18.5 Baths
7,387 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,387 sqft

Price per Sqft $513

MLS Listing ID 25618669

Style New Project

Bedrooms 17

Year Built 2025

Lot Size 5,400 Sqft

Acres 0.124

Property Sub-Type Multi-Family

Property Description

We are pleased to present 10828 Hesby Street, a brand new luxury 5 unit multifamily property located in the heart of North Hollywood, just minutes from Toluca Lake and Studio City and nearby to the vibrant NoHo Arts District. The 5 bedroom unit is currently rented for $6,000 per month, a 4 bedroom unit is rented for $5,250 per month, and a 2 bedroom unit is rented for $3,750 per month. This non rent controlled asset features an ideal mix of one 5 bedroom, two 4 bedroom, and two 2 bedroom units, each thoughtfully designed with open floorplans, in unit laundry, premium stainless steel appliances, and large windows that bring in abundant natural light. Priced at $3,795,000 with a projected cap rate of 5.88%, the property is expected to generate approximately $285,000 in annual rental income, making it one of the best priced new construction opportunities in the area. Tenants pay for all utilities, keeping operating expenses low, and the property includes a 1 year builder's warranty for added peace of mind. With 7 dedicated parking spaces, the building offers excellent convenience. Surrounded by shops, restaurants, and entertainment, 10828 Hesby Street presents a rare opportunity to acquire a low maintenance, high yield investment in one of Los Angeles's most desirable rental markets. Buyer to verify all information.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms Accessory Bldgs

Dining Room 1

Kitchen Island, Marble Counters

Interior

Heating Central

Cooling Air Conditioning

Equipment Dishwasher, Washer, Solar Panels, Range/Oven, Microwave

Laundry In Unit

Exterior

Parking Features Carport Attached, Uncovered

Garage Spaces 7.0

Building

Story 3

Architectural Style New Project

Level or Stories Three Or More

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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