CA > North Hollywood
North Hollywood, CA 91601,10828 Hesby ST
North Hollywood, CA 91601,10828 Hesby ST
North Hollywood, CA 91601,10828 Hesby ST
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Diego Magdaleno

Diego Magdaleno

+1(714) 676-7271
$3,795,000
Est. payment /mo
17 Beds
18 Baths
7,387 SqFt
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UPDATED:

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

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CRMLS – RECore
Listed by David Saghian Lyon Stahl Investment Real Estate, Inc.
Diego Magdaleno

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