Active

10828 Hesby Street

North Hollywood, CA 91601
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Bed 17

Bed

Bath 0

Bath

SqFt7,387

Sqft

SqFt5,400

Sqft(Lot)

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. Offere d 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. See OM in Docs.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,595,000

AD Id : 77604597

MLS Id : 26754393

Beds : 17

Lot Size : 5,400 Sqft

Living Area Size : 7,387

Year Built : 2025

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 17

    Bathroom Information

    Total Baths: 18 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 2025 Building Area Total: 7,387
  • Laundry Features

    Stacked

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.124 Lot Size Dimensions: 40x135
  • Lot Size Source: Owner Lot Size Square Feet: 5400

  • Listing Price Information

    Original List Price: 3,595,000 Listing Contract Date: 2026-04-19
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 2419005009

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: NHO - North Hollywood Postal Code Plus 4: 4605 Directions: South of Magnolia Blvd, West of Cahuenga Blvd, East of Vineland, South of Camarillo Zoning: LARD1.5 Source Property Type: Residential Income Area: NHO - North Hollywood
  • Building and Construction

    Property Age: 1 Year Built Source: Builder Total Square Feet Living: 7387 Levels or Stories: Three Or More
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5665 Whitnall, North Hollywood, CA, 91601 $1,720,000 -- -- 5,440 5,440 SqFt
5709 Auckland Avenue, North Hollywood, CA, 91601 $3,195,000 18 -- 7,947 7,947 SqFt
5039 Biloxi Avenue, North Hollywood, CA, 91601 $1,249,000 3 1 1,362 1,362 SqFt
5248 Auckland Avenue, North Hollywood, CA, 91601 $3,995,000 17 -- 8,967 8,967 SqFt
5887 Whitnall, North Hollywood, CA, 91601 $1,489,000 -- -- 4,837 4,837 SqFt
5007 Auckland Avenue, North Hollywood, CA, 91601 $2,150,000 4 3 1,864 1,864 SqFt
5617 Denny Avenue, North Hollywood, CA, 91601 $1,279,000 5 4 3,102 3,102 SqFt
4918 Cahuenga, North Hollywood, CA, 91601 $2,499,000 -- -- 6,083 6,083 SqFt
5641 Riverton Avenue, North Hollywood, CA, 91601 $2,150,000 8 -- 4,526 4,526 SqFt
5637 Riverton Avenue, North Hollywood, CA, 91601 $2,150,000 8 -- 4,526 4,526 SqFt

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ByOwner last updated this listing 06/22/2026 @ 06:56

MLS: 26754393 LISTED BY: David Saghian, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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