10828 Hesby Street, North Hollywood (los Angeles), CA 91601

• 7,387 sqft

Property Description

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 units each 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 5.69%, 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 and a 2BR Unit is currently rented for $3,750. 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 verif

Listing Status:

Active

Date Added:

August 19, 2025 at 05:00AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

David Saghian : 818-231-5540

MLS ID:

CL25580597

Interior

• Laundry: Washer
• Heating: Other

Exterior

• Parking: OtherUncovered Parking Space

Location

• County: Los Angeles

Lot

• Zoning: LARD2419005009

This listing courtesy of David Saghian, Lyon Stahl Investment Real Estate, Inc.