North Hollywood, CA 91601,10828 Hesby St
North Hollywood, CA 91601,10828 Hesby St
North Hollywood, CA 91601,10828 Hesby St
72
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$3,900,000
Est. payment /mo
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17 Beds
18 Baths
7,387 SqFt
Active

10828 Hesby St North Hollywood, CA 91601

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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 $527

MLS Listing ID 25580597

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. This non-rent-controlled asset offers an ideal unit mix consisting of one 5-bedroom, two 4-bedroom, and two 2-bedroom unitseach thoughtfully designed with open floorplans, in-unit laundry, premium stainless steel appliances, and large windows that flood the interiors with natural light. Offered at $3,900,000 with a projected cap rate of 5.56%, the property is expected to generate approximately $288,000 in annual rental income, making it one of the best-priced new construction offerings in the area. The 5BR Unit is currently rented for $6,000/month. Tenants pay for all utilities, keeping operating expenses low, and the property comes with a one-year builder's warranty for added peace of mind. With eight dedicated parking spaces and two additional bonus spots, 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 L.A.'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

Level or Stories Three Or More

Others

Special Listing Condition Standard


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

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Derek Johnson

Derek Johnson

Agent | License ID: 02051308

+1(310) 424-8883

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10828 Hesby St