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$2,895,000
Est. payment /mo
14 Beds
14 Baths
6,999 SqFt
UPDATED:
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, 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
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Listed by James Oddino VIP Realty California, PC #02197706
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