72
See all 72 photos
$3,795,000
Est. payment /mo
17 Beds
18 Baths
7,387 SqFt
New
10828 Hesby ST North Hollywood, CA 91601
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,387 sqft
Price per Sqft $513
MLS Listing ID 25618669
Bedrooms 17
HOA Y/N No
Year Built 2025
Lot Size 5,401 Sqft
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 within walking distance 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 Nho - North Hollywood
Zoning LARD1.5
Interior
Heating Central
Fireplace No
Appliance Dishwasher, Gas Cooktop, Gas Oven, Microwave, Washer
Exterior
Parking Features Attached Carport, Uncovered
Community Features Gated
Total Parking Spaces 7
Building
Faces North
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 2419005009
Security Features Gated Community
Special Listing Condition Standard
Listed by David Saghian Lyon Stahl Investment Real Estate, Inc.
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