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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,895,000

Est. payment | -/mo

14 Beds

14 Baths

6,999 SqFt

Save

$ 2,895,000

Est. payment | -/mo

Save

14 Beds

14 Baths

6,999 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,999 sqft

Price per Sqft $413

MLS Listing ID 26854953

Bedrooms 14

HOA Y/N No

Year Built 2026

Lot Size 5,397 Sqft

Property Description

***Fully Occupied 6% Cap Rate*** Secure a high-yield asset in the heart of the NoHo Arts District with 10810 Hesby, a brand-new construction 4-unit property designed for the savvy investor seeking cash flow with minimal oversight. Delivering an exceptional fully stabilized 6% CAP rate with actual rents totaling $18,685/month, this turnkey asset stands out in a market where similar 4 unit developments have sold upwards of $3.3 million. The property features a unit mix of two 4bed and two 3bed units, all boasting open layouts, brand new appliances, 2 on site parking spots per unit, and in unit laundry. Best of all, this asset is not subject to rent control and comes with all units separately metered for utilities, allowing simple management and low recurring maintenance costs. This is a rare opportunity to own a high-margin investment in North Hollywood's fastest growing high demand rental pockets.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Exterior

Parking Features Carport

Total Parking Spaces 8

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction Yes

Others

Senior Community No

Tax ID 2419005013

Security Features Fire Sprinkler System,Smoke Detector(s)

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by James Oddino VIP Realty California, PC #02197706

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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10810 Hesby ST North Hollywood, CA 91601