10828 Hesby St - Multi-Family FOR SALE


North Hollywood, CA 91601
$3,900,000 USD
818-231-5540
10828 Hesby St, North Hollywood, CA for Sale
$3,900,000 USD
Multi-Family - FOR SALE
1/99
null | 5.98% Cap Rate

10828 Hesby St
North Hollywood, CA 91601


HIGHLIGHTS

  • EXCELLENT 1031 Exchange opportunity – low maintenance, high-yield asset
  • SITUATED in prime North Holywood (NoHo) – a highly desirable location attracting quality tenants
  • BRAND-NEW construction with premium modern finishes throughout
  • SPACIOUS in-unit laundry rooms with washers and dryers included
  • NO Rent Control – AB1482 Exempt
  • IDEAL UNIT MIX: (1) 5-bedroom, (2) 4-bedrooms, and (2) 2-bedrooms

OVERVIEW

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 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 5.98%, 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.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$531 USD /SF

# OF UNITS

5

PRICE/UNIT

$780,000

CAP RATE

5.98%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New 5-Unit Construction in Prime NoHo

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LARD1.5

APN/PARCEL ID

2419-005-009

ASK ABOUT THIS PROPERTY

David SaghianLyon Stahl Investment Real EstateMore Info
818-231-5540

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David SaghianLyon Stahl Investment Real EstateMore Info
818-231-5540

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.