10945 Hesby Str, North Hollywood, CA 91601
Local realty services provided by:ERA North Orange County Real Estate
10945 Hesby Str,North Hollywood, CA 91601
$899,950
- - Beds
- - Baths
- 2,800 sq. ft.
- Multi-family
- Active
Listed by: jill fischer-politz
Office: the one luxury properties
MLS#:SR26004651
Source:CRMLS
Price summary
- Price:$899,950
- Price per sq. ft.:$321.41
About this home
This well-located five-unit residential income property presents a compelling value-add opportunity in a highly sought-after North Hollywood neighborhood, south of Magnolia Boulevard. The property benefits from close proximity to major film and television studios, popular dining and entertainment venues, and excellent access to freeways and public transportation—driving consistently strong and durable rental demand.
The asset is efficiently configured with separate gas and electric meters, private storage garages, and units that support operational efficiency and long-term ownership. The property currently delivers a stable 5-cap return, while long-term tenants enjoy below-market rents, providing a clear and achievable pathway to materially increase income through rent optimization and strategic repositioning.
With its attractive in-place cash flow, irreplaceable location, and meaningful upside potential, this offering represents an excellent opportunity for investors seeking both near-term stability and long-term growth.
Offered at an accessible $899,950 price point, this property represents an excellent entry-level investment for both beginning investors and seasoned operators alike, combining immediate cash flow with meaningful upside potential.
Photos are from last vacancy, all units will be delivered with tenants in place.
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Home facts
- Year built:1939
- Listing ID #:SR26004651
- Added:1 day(s) ago
- Updated:January 09, 2026 at 07:25 PM
Rooms and interior
- Living area:2,800 sq. ft.
Structure and exterior
- Year built:1939
- Building area:2,800 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,950
- Price per sq. ft.:$321.41
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