10828 Hesby Street
North Hollywood, CA, 91601 $ 3,795,000
Baths0.0 Sq 7,387 Monthly Estimate*
$ 23,676
Studio for $3,795,000. This 7,387 square foot home was built in 2025 on a lot size of 0.12.
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. 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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FeaturesGeneralLiving Area 7387.0
Heating Central
Zoning LARD1.5
Security Features Gated Community
Year Built 2025
Tenant Pays Electricity Water Trash Collection Gas
Levels Three or More
County Los Angeles
Net Operating Income 223210.0
New Construction No
Property Type C
HOA No
Facing Direction North
Status Active
City North Hollywood
Senior Community Y/N No
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 5400.0
Standard Status Active
Year Built Source Builder
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InteriorKitchen Appliances Dishwasher Gas Oven Gas Cooktop Microwave
Total Stories 3
Heating Y/N Yes
Laundry Features Washer Included
Total Baths 0
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ExteriorParking Features Uncovered Attached Carport
Lot Size Area 5400.0
Pool Y/N? Yes
Building Area Total 7387.0
Lot Dimensions 40x135
Lot Size Acres 0.12
Land Lease Type Fee
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* Excluded FeaturesList ByDavid SaghianListing Agent
Lyon Stahl Investment Real Estate, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $23,676
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in North Hollywood, CA
Average List Price $3,076,324
Percent of Sale Price 19%
About North Hollywood, CA 158,455 Population
0% Since 2002
$ 0 Median Income
0 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/13/2025 | $3,795,000 | | Listed Price |