10857 Morrison St - Apartments FOR SALE


North Hollywood, CA 91601
$3,750,000 USD
818-433-0548
10857 Morrison St, North Hollywood, CA for Sale
$3,750,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

10857 Morrison St
North Hollywood, CA 91601


HIGHLIGHTS

  • ±1,800 SF per unit / 4 bed + 3 bath layouts
  • High-end modern architecture and finishes
  • Private gated access and secure on-site parking
  • Minutes to NoHo Arts District, dining, shopping, studios
  • Strong rental demand + long-term appreciation upside

OVERVIEW

Proud to present, 10857 Morrison Street a newly constructed, luxury 4-unit asset positioned in one of North Hollywood’s most in-demand pockets. Each unit is ±1,800 SF, offering four bedrooms and three bathrooms, delivering the style, lifestyle, and functionality today’s high-quality renters expect. Modern architecture. Private access. Gated parking. Private balconies. Wide plank floors. Recessed lighting. Natural light throughout. Stainless appliances, quartz counters, custom cabinets, designer tile, glass showers, and every unit with its own private rooftop deck overlooking mountain and city views. This is turnkey, modern, and zero deferred maintenance. Strategically situated near the NoHo Arts District, major employers, top dining, and the 170/134/101 interchanges—this location commands strong rentability and sustained long-term upside. An exceptional opportunity for smart capital deployment—luxury new construction, cash flow potential, and core appreciation drivers in one of LA’s fastest-rising submarkets. Location Description: Strategically positioned in the heart of North Hollywood, 10857 Morrison Street benefits from proximity to major demand drivers, including Universal Studios, NoHo Arts District, Toluca Lake, and the rapidly growing Studio City corridor. Immediate access to the 170/101/134 Freeways provides seamless regional connectivity across Los Angeles, while being surrounded by strong demographics, dense residential rooftops, and a deep tenant pool. The location continues to benefit from the ongoing transformation of North Hollywood, with new multifamily, office, and service-retail developments driving long-term value and sustained rent growth.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$619 USD /SF

# OF UNITS

4

PRICE/UNIT

$937,500

CAP RATE

Request Cap Rate

% LEASED

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,057 SF

ZONING

LARD 1.5

APN/PARCEL ID

2419-005-015

ASK ABOUT THIS PROPERTY

Karl MarkarianeXp CommercialMore Info
818-433-0548

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

Karl MarkarianeXp CommercialMore Info
818-433-0548

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