$ 3,795,000
-
$3,795,000
Price -
17
Bed -
18.5
Bath -
7,387
SqFt
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About the Listing X82195 - C134249
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.
Listing Highlights
Status
Active
Days on Site
38
Property Type
Multi-Family
MLS ®
25618669
Year Built
2025
Total Square Footage
7,387
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 17
- Bathrooms: 18.5 Full
- Appliances: Microwave, Cooktop - Gas, Oven-Gas
- Air Cond: Air Conditioning
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Shower and Tub,Tile,Island,Marble Counters,Dining Room,Dining Area,Living Room,Office
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 7
- Lot Dimensions: 40x135
- Zoning: LARD1.5
- Roof:
- Others:
- Sewer:
- Parking Features: Carport Attached,Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
10828 Hesby St North Hollywood, CA 91601
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