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10828 Hesby Street North Hollywood, CA $ 3,595,000
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$ 3,595,000 Get more info
10828 Hesby Street
$ 3,595,000
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10828 Hesby Street

North Hollywood, CA, 91601
$ 3,595,000
Baths0.0 Sq 7,387

Monthly Estimate*

$ 22,135

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Studio

Multi-Family Home for sale in North Hollywood, CA

for $3,595,000. 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, 100% 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. Prime location near major studios, with easy access to dining, cafes, entertainment options and freeways. Recent comparable sales in prime North Hollywood continue to demonstrate strong investor demand for well located multifamily assets. 11447 Cumpston St, a four unit property, just closed at $3,350,000, achieving $837,500 per unit. Additionally, 5663 Case Ave, a five unit property, sold for $3,900,000, reflecting $780,000 per unit. These trades underscore the premium pricing being achieved for quality assets in this highly sought after rental pocket. Ample street parking is also available for tenants and guests. 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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Multi-Family Active

Price

$ 3,595,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.12

Year Built

2025

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

0026754393
Features
General
Living Area 7387.0
Heating Central
Cooling Central Air
Zoning LARD1.5
Year Built 2025
Levels Three or More
County Los Angeles
Net Operating Income 224956.0
New Construction No
Property Type C
HOA No
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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Interior
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Stackable
Total Baths 0
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Exterior
Parking Features Assigned
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 Features
List By
David Saghian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$22,135
Per Month
100%
0%
0%
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.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/19/2026$3,595,000 Listed Price

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10828 Hesby Street, North Hollywood, CA, 91601 is a Multi-Family Home for sale at $3,595,000 with 7,387 sqft and a lot size of 0.12. 10828 Hesby Street is a studio with 0.0 baths and was built in 2025. The property's zip code is 91601 which is in North Hollywood, CA

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