10742 Hortense Street
North Hollywood, CA, 91602
$4,795,000
Beds
0 Baths
SqFt
0.22 Acres
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ELIGIBLE FOR 100% BONUS DEPRECIATION WITH ESTIMATED YEAR 1 FEDERAL TAX DEDUCTIONS OF APPROXIMATELY $232,000, VERIFIED BY A LEGITIMATE COST SEGREGATION EXPERT! SB-8 EXEMPT STATUS! Introducing "The Hortense VI," a newly completed, best-in-class 2025 townhome-style apartment complex located within the prestigious Toluca Lake enclave, one of Los Angeles’ most exclusive and supply-constrained submarkets. This rare SB-8 exempt offering features six expansive 3-bedroom, 3-bathroom luxury residences, each appointed with high-end finishes, in-unit laundry, private two-car garages, and rooftop decks in select units. The property spans approximately 8,600 SF of net rentable area and 11,000 SF of gross building area (including ~2,400 SF of private garages) on a premium 9,408 SF lot. With four of six units leased at market rates and lease applications under review for the final two, the asset is poised to achieve $28,800/month in stabilized rental income. For owner-users, an opportunity exists to occupy one unit while generating approximately $24,000/month in supplemental revenue. Constructed by Thornton Development Group, the project is surrounded by $1M+ home sales and small-lot subdivisions, with nearby apartment comps closing above $800,000/unitunderscoring the exceptional basis. Located steps from Riverside Drive, Trader Joe’s, the NoHo Arts District, and major studio employers, The Hortense VI represents a rare opportunity to secure a stabilized, high-yield asset in a true blue-chip neighborhood. Contact the listing agent today to arrange a private tour!

Property Details

Price:
$4,795,000
MLS #:
25563549
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
nhonorthhollywood
Listed Date:
Jul 11, 2025
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
2025
ContemporaryNhonorthhollywood

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Schools

Interior

Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Laundry Features
Washer Included, Dryer Included

Exterior

Architectural Style
Contemporary
Parking Features
Garage – Two Door, Tandem Garage, Street, Gated
Parking Spots
0.00

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in North Hollywood as of Oct 23, 2025
57
Residential Income Listed
206
Avg DOM
$2,699,895
Avg List Price

Property Summary

    10742 Hortense Street North Hollywood CA is a Residential Income for sale in North Hollywood, CA, 91602. It is listed for $4,795,000

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10742 Hortense Street
North Hollywood, CA