10828 Hesby Street

North Hollywood , CA 91601

MLS#: 25580597

$3,900,000

Status: Active
Listing number: 25580597
Listing provided by: Lyon Stahl Investment Real Estate, Inc.
Listing agent phone: None
Last update: 3 days ago
On site: 2 months ago
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Property

Beds

17

Full Baths

None

1/2 Baths

None

Year Built

2025

Sq.Footage

7,387

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. This non-rent-controlled asset offers an ideal unit mix consisting 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 flood the interiors with natural light. Offered at $3,900,000 with a projected cap rate of 5.69%, the property is expected to generate approximately $288,000 in annual rental income, making it one of the best-priced new construction offerings in the area. The 5BR Unit is currently rented for $6,000/month and a 2BR Unit is currently rented for $3,750. 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.

Features & Amenities

Interior

  • Total Bedrooms

    17

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Attached, Attached Carport

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.124

  • Property Type

    Residential Income

Price

  • Sales Price

    $3,900,000

  • Sq. Footage

    7, 387

  • Price/SqFt

    $527

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Listing Courtesy of David Saghian , Lyon Stahl Investment Real Estate, Inc.

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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. This non-rent-controlled asset offers an ideal unit mix consisting 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 flood the interiors with natural light. Offered at $3,900,000 with a projected cap rate of 5.69%, the property is expected to generate approximately $288,000 in annual rental income, making it one of the best-priced new construction offerings in the area. The 5BR Unit is currently rented for $6,000/month and a 2BR Unit is currently rented for $3,750. 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.

10828 Hesby Street

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