Commercial: MLS #0025626999 North Hollywood, CA ^$ 8,750,000

Commercial: MLS #0025626999

^$ 8,750,000

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Recently Listed New Construction

Commercial: MLS #0025626999

Name: address
Address: CA, 91601

North Hollywood, CA, 91601

^$ 8,750,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 54,589

Commercial Property for sale in North Hollywood, CA

for $8,750,000. This building was built in 2024.

Prime Investment Opportunity in the Heart of NOHO Brand New 2024/2025 Construction! Introducing a rare, newly constructed multi-family property in the vibrant North Hollywood Arts District, offering a total of 12 units across two buildings (10821-10829 Hartsook St.). This modern investment features 8 spacious townhouse units (4 beds, 4.5 baths each) fully rented at market rates and 4 additional ADUs (3 beds, 3 baths each), maximizing rental income potential. Designed with high-end finishes and durability in mind, every unit includes: Luxury Vinyl Tile (LVT) flooring throughout | Gourmet kitchens with quartz countertops & designer tile backsplashes |Sleek, modern bathrooms with premium tiling & custom mirrors | High-efficiency appliances and keypad entry for convenience & security | Individually metered utilities with owned solar panels for lower expenses | Low-maintenance desert landscaping. This turnkey investment offers strong financials, boasting a 5.96%* cap rate (See OM for Full Details). Located in a high-demand rental market, tenants enjoy easy access to: Restaurants, coffee shops, and bars | Dog parks & green spaces | Metro stations & public transit | Burbank Airport | NOHO West shopping & entertainment. Full financial portfolio available upon request. Don't miss this exceptional opportunity to own a prime, high-yield asset in a thriving neighborhood! -- SELLER WILLING TO BUY DOWN RATE FOR BUYER! SELLER WILLING TO PAY EXTRA CONCESSIONS!

Commercial Active

Price

^$ 8,750,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

2024

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

0025626999

Features

General

Heating Central

Zoning LARD1.5

Construction Materials Stucco

Year Built 2024

County Los Angeles

Net Operating Income 524188.0

Property Type F

Status Active

City North Hollywood

MLS Area NHO - North Hollywood

Standard Status Active

Exterior

Lot Size Area 13537.0

Land Lease Type Fee

Interior

Total Stories 0

Heating Y/N Yes

Laundry Features Inside Laundry Equipment Own Lease

Total Baths 0

* Excluded Features

List By

Fred Nabati

Listing Agent

Trimax Realty, Inc.

Broker

Affordability Calculator

$54,589

Per Month

Monthly Principal & Interest: $54,589
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Commerical listings in North Hollywood, CA

Average List Price ^$1,217,300

Percent of Sale Price 86%

About North Hollywood, CA

158,455 Population

0% Since 2002

^$0 Median Income

0 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/9/2025	$8,750,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 12/9/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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Commercial: MLS #0025626999

Commercial Property for sale in North Hollywood, CA

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