Introducing "The Hortense VI," a newly completed, best-in-class 2025 townhome-style apartment complex located within the prestigious Toluca Lake enclaveone of Los Angeles’ most exclusive and supply-constrained submarkets. SB-8 exempt and free from LA rent control, this rare 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 and request the full Offering Memorandum.
Property Details
Price:
$4,795,000
MLS #:
25531515
Status:
Active
Baths:
0
Address:
10742 Hortense Street
Type:
Residential Income
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Apr 29, 2025
State:
CA
ZIP:
91602
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
2025
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Schools
Interior
Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Garage – Two Door, Tandem Garage, Street, Gated
Parking Spots
0.00
Stories Total
3
View
Mountain(s), City Lights
Financial
Tenant Pays
Gas, Electricity, Cable T V, Trash Collection, Water
Map
Community
- Address10742 Hortense Street North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91602
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10742 Hortense Street
North Hollywood, CA
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