North Hollywood (los Angeles), CA 91601,10828 Hesby Street
North Hollywood (los Angeles), CA 91601,10828 Hesby Street
North Hollywood (los Angeles), CA 91601,10828 Hesby Street
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$3,795,000
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7,387 SqFt
New

10828 Hesby Street North Hollywood (los Angeles), CA 91601

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,387 sqft

Price per Sqft $513

MLS Listing ID CL25618669

HOA Y/N No

Year Built 2025

Lot Size 5,400 Sqft

Acres 0.12

Property Sub-Type Other

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 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

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Other

Fireplace No

Laundry Washer

Building

New Construction No

Others

Tax ID 2419005009


Bridge MLS
Listed by David Saghian • Lyon Stahl Investment Real Estate, Inc.

A FEW WORDS FROM PAST CLIENTS

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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10828 Hesby Street