10828 Hesby Street, North Hollywood, CA 91601
Local realty services provided by:ERA North Orange County Real Estate
10828 Hesby Street,North Hollywood, CA 91601
$3,900,000
- 17 Beds
- 18 Baths
- 7,387 sq. ft.
- Multi-family
- Active
Listed by:david saghian
Office:lyon stahl investment real estate, inc.
MLS#:25580597
Source:CRMLS
Price summary
- Price:$3,900,000
- Price per sq. ft.:$527.95
About this home
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 unitseach 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 5.56%, 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. 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.
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Home facts
- Year built:2025
- Listing ID #:25580597
- Added:42 day(s) ago
- Updated:October 01, 2025 at 07:28 PM
Rooms and interior
- Bedrooms:17
- Total bathrooms:18
- Living area:7,387 sq. ft.
Heating and cooling
- Heating:Central Furnace
Structure and exterior
- Year built:2025
- Building area:7,387 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$3,900,000
- Price per sq. ft.:$527.95
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