10828 Hesby Street
North Hollywood, CA, 91601 $ 3,595,000
Bedrooms17 Baths2.0 Sq 7,387 Monthly Estimate*
$ 22,135
Listed by Lyon Stahl Investment Real Estate, Inc.
for $3,595,000 with 17 bedrooms and 2 full baths. This 7,387 square foot home was built in 2025 on a lot size of 0.124.
We are pleased to present 10828 Hesby Street, a brand-new, FULLY LEASED 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. This non-rent-controlled asset offers an ideal unit mix consisting of one 5-bedroom, two 4-bedroom, and two 2-bedroom unitseach thoughtfully designed with open floorplans, in-unit laundry, premium stainless steel appliances, and large windows that flood the interiors with natural light. The 5-bedroom unit is leased at $6,000, both 4-bedroom units are leased at $5,250 each, the 2-bedroom/3-bath unit is leased at $3,750, and the 2-bedroom/2-bath ADU is rented at $3,100 reflecting strong rental demand and high-income potential. Offered at $3,595,000 with a REAL CAP RATE of 6.26%, the property is expected to generate approximately $280,200 in annual rental income, making it one of the best-priced new construction offerings in the area. 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 seven dedicated parking spaces, the building offers excellent convenience. Surrounded by shops, restaurants, and entertainment options 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.
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FeaturesGeneralLiving Area 7387
Heating Central
Cooling Central Air
Appliances Dishwasher Disposal Microwave Refrigerator
Zoning LARD1.5
Year Built 2025
Levels Three Or More
Gross Income 280200
County Los Angeles
Net Operating Income 224956
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions South of Magnolia Blvd West of Cahuenga Blvd East of Vineland South of Camarillo
City North Hollywood
Senior Community Y/N false
Number Of Units Total 5
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 5400
Standard Status Active
Year Built Source Builder
Cap Rate 6.26
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InteriorTotal Stories 3
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Stacked
Total Bedrooms 17
Total Baths 18
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ExteriorParking Features Assigned
Total Parking 7
Lot Size Area 5400
Number of Buildings 3
Building Area Total 7387
Lot Dimensions 40x135
Lot Size Acres 0.124
Lot Size Source Owner
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* Excluded FeaturesList ByLyon Stahl Investment Real Estate, Inc.Broker
dsaghian@lyonstahl.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $22,135
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $3,021,806
Percent of Sale Price 16%
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.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/19/2026 | $3,595,000 | | Listed Price |