We are pleased to present 10828 Hesby Street, a brand-new, 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. Offered at $3,900,000 with a projected cap rate of 5.98%, the property is expected to generate approximately $304,800 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 eight dedicated parking spaces and two additional bonus spots, the building offers excellent convenience. Surrounded by shops, restaurants, and entertainment, 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. Buyer to verify all information.
Property Details
Price:
$3,900,000
MLS #:
25580597
Status:
Active
Baths:
0
Address:
10828 Hesby Street
Type:
Residential Income
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Aug 19, 2025
State:
CA
ZIP:
91601
Lot Size:
5,400 sqft / 0.12 acres (approx)
Year Built:
2025
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Schools
Interior
Appliances
Dishwasher, Microwave, Gas Cooktop, Gas Oven
Heating
Central
Exterior
Parking Features
Attached Carport, Uncovered
Parking Spots
8.00
Stories Total
3
Financial
Tenant Pays
Water, Gas, Trash Collection
Map
Community
- Address10828 Hesby Street North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
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10828 Hesby Street
North Hollywood, CA
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