10829 Hartsook St - Apartments FOR SALE


North Hollywood, CA 91601
$4,444,500 USD
310-954-0808
10829 Hartsook St, North Hollywood, CA for Sale
$4,444,500 USD
Apartments - FOR SALE
1/31
null | 5.88% Cap Rate

10829 Hartsook St
North Hollywood, CA 91601


HIGHLIGHTS

  • 5.85% CAP DELIVERABLE
  • Built for optimal operation with high-end finishes
  • Premium tenants primarily in the entertainment industry
  • An unbeatable core NoHo location
  • FULLY STABALIZED
  • Buildings can be bought together or seperately.

OVERVIEW

MOTIVATED SELLER! SELLER WILLING TO BUY DOWN RATE FOR BUYER! SELLER WILLING TO PAY EXTRA CONCESSIONS! Prime Investment Opportunity in the Heart of NOHO Brand New 2024/2025 Construction! Introducing a rare, newly constructed multi-family property in the vibrant North Hollywood Arts District, offering a total of 12 units across two buildings (10821-10829 Hartsook St.). This modern investment features 8 spacious townhouse units (4 beds, 4.5 baths each) fully rented at market rates and 4 additional ADUs (3 beds, 3 baths each), maximizing rental income potential. Designed with high-end finishes and durability in mind, every unit includes: Luxury Vinyl Tile (LVT) flooring throughout | Gourmet kitchens with quartz countertops & designer tile backsplashes |Sleek, modern bathrooms with premium tiling & custom mirrors | High-efficiency appliances and keypad entry for convenience & security | Individually metered utilities with owned solar panels for lower expenses | Low-maintenance desert landscaping. This turnkey investment offers strong financials, boasting a 5.88% cap rate. The property can be sold together for $8,889,000 or individually for $4,444,500 per building. If sold separately, an easement will be recorded for the shared driveway. Located in a high-demand rental market, tenants enjoy easy access to: Restaurants, coffee shops, and bars | Dog parks & green spaces | Metro stations & public transit | Burbank Airport | NOHO West shopping & entertainment. Full financial portfolio available upon request. Don't miss this exceptional opportunity to own a prime, high-yield asset in a thriving neighborhood!

FOR SALE DETAILS

PRICE

$4,444,500 USD

PRICE/SF

$209 USD /SF

# OF UNITS

6

PRICE/UNIT

$740,750

CAP RATE

5.88%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,476 SF

ZONING

LARD1.5

APN/PARCEL ID

2419-008-026,2419-008-027

ASK ABOUT THIS PROPERTY

Fred NabatiTrimax Realty, Inc.More Info
310-954-0808

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Fred NabatiTrimax Realty, Inc.More Info
310-954-0808

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