10828 Hesby Street, North Hollywood, CA 91601
Local realty services provided by:ERA Carlile Realty Group
10828 Hesby Street,North Hollywood, CA 91601
$3,795,000
- 17 Beds
- 18 Baths
- 7,387 sq. ft.
- Multi-family
- Active
Listed by: david saghian
Office: lyon stahl investment real estate, inc.
MLS#:25618669
Source:CRMLS
Price summary
- Price:$3,795,000
- Price per sq. ft.:$513.74
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 within walking distance 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. Buyer to verify all information.
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Home facts
- Year built:2025
- Listing ID #:25618669
- Added:1 day(s) ago
- Updated:November 13, 2025 at 08:28 PM
Rooms and interior
- Bedrooms:17
- Total bathrooms:18
- Living area:7,387 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:2025
- Building area:7,387 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$3,795,000
- Price per sq. ft.:$513.74
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