Active
10827 Hartsook Street
North Hollywood CA, 91601
$4,750,000
$465.69 per sqft
Active
26 Beds
24 Baths
10,200 sqft
Residential
Built in 2024
Prime Investment Opportunity in the Heart of NOHO Brand New 2024/2025 Construction! Introducing a rare, newly constructed multi-family property in the vibrant North Hollywood Arts District, offering a total of 12 units across two buildings (10821-10829 Hartsook St.). This modern investment features 8 spacious townhouse units (5 beds, 4.5 baths each) fully rented at market rates and 4 additional ADUs (3 beds, 3 baths each), maximizing rental income potential. Designed with high-end finishes and durability in mind, every unit includes: Luxury Vinyl Tile (LVT) flooring throughout | Gourmet kitchens with quartz countertops & designer tile backsplashes |Sleek, modern bathrooms with premium tiling & custom mirrors | High-efficiency appliances and keypad entry for convenience & security | Individually metered utilities with owned solar panels for lower expenses | Low-maintenance desert landscaping. This turnkey investment offers strong financials, boasting a 5.6% cap rate. The property can be sold together for $9,500,000 or individually for $4,750,000 per building. If sold separately, an easement will be recorded for the shared driveway. Located in a high-demand rental market, tenants enjoy easy access to: Restaurants, coffee shops, and bars | Dog parks & green spaces | Metro stations & public transit | Burbank Airport | NOHO West shopping & entertainment. Full financial portfolio available upon request. Don't miss this exceptional opportunity to own a prime, high-yield asset in a thriving neighborhood!
25495295
MLSⓇ ID
February 7, 2025
Listed
February 15, 2025
Updated
Interior Features
Total Stories
3
Bedrooms
26
Total Bathrooms
24
Appliances
Built-In, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Dryer, Washer
Laundry Description
Inside
Floor Description
Laminate
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.16 Acres
Roof
Other
Sewer
Other
Security
Carbon Monoxide Detector(s), Smoke Detector(s)
Window
Double Pane Windows
Other Property Details
Area Name
NHO - North Hollywood
Days on Market
8
Garage
No
Parking
Driveway
Parking Total
14
View
Yes
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LARD1.5
Listed by Stacy Blaugrund, Power Brokers, CA DRE 01328402
Listing Contact: 310-621-8336
Based on information from the CRISNet MLS as of 2/15/2025, 1:47 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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