10828 Hesby ST, North Hollywood, CA 91601
10828 Hesby ST, North Hollywood, CA 91601
10828 Hesby ST, North Hollywood, CA 91601
10828 Hesby ST, North Hollywood, CA 91601
10828 Hesby ST, North Hollywood, CA 91601
10828 Hesby ST, North Hollywood, CA 91601
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Emma Verhoeven

Emma Verhoeven

+1(714) 360-8712
$ 3,595,000
Est. payment | /mo

17 Beds

18 Baths

7,387 SqFt

Save
$ 3,595,000
Est. payment | /mo
Save

17 Beds

18 Baths

7,387 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,387 sqft

Price per Sqft $486

MLS Listing ID 26754393

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, FULLY LEASED 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. 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.The 5-bedroom unit is leased at $6,000, both 4-bedroom units are leased at $5,250 each, the 2-bedroom/3-bath ADU is leased at $3,750, and 2-bedroom/2-bath ADU is rented at $3,100 reflecting strong rental demand and high-income potential. Offered at $3,595,000 with a REAL CAP RATE of 6.26%, the property is expected to generate approximately $280,200 in annual rental income, making it one of the best-priced new construction offerings in the area.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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator

Laundry Stacked

Exterior

Parking Features Assigned

Total Parking Spaces 7

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2419005009

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Saghian Lyon Stahl Investment Real Estate, Inc. #01992252

Nearby Locations

Emma Verhoeven

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 360-8712

emma@verhoevenrealty.com

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10828 Hesby ST