10828 Hesby ST new

North Hollywood,CA 91601

$ 3900000

17 Beds

18 Baths

7350 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,350 sqft

Price per Sqft $530

MLS Listing ID 25580597

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. 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 5.98%, the property is expected to generate approximately $304,800 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. 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

Total Parking Spaces 8

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

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