10827 Hartsook Street, North Hollywood, CA 91601
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- MLS#: 25511743 ( )
- Street Address: 10827 Hartsook Street
- Viewed: 2
- Price: $4,750,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2024
- Bldg sqft: 0
- Days On Market: 17
- Additional Information
- County: LOS ANGELES
- City: North Hollywood
- Zipcode: 91601
- Provided by: Power Brokers
- Contact: Stacy Stacy
- DMCA Notice
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DescriptionPrime 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!
Property Location and Similar Properties
Features
Appliances
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Built-In
- Oven
- Range
Building Area Total
- 10200.00
Construction Materials
- Stucco
Cooling
- Central Air
Country
- US
Direction Faces
- South
Door Features
- Sliding Doors
Entry Location
- Ground Level w/steps
Fireplace Features
- None
Flooring
- Laminate
Garage Spaces
- 0.00
Heating
- Central
Laundry Features
- Washer Included
- Dryer Included
- Inside
Levels
- Multi/Split
Lockboxtype
- None
Netoperatingincome
- 226132.00
Parcel Number
- 2419008026
Parking Features
- Driveway
Pool Features
- None
Postalcodeplus4
- 3915
Roof
- Other
Security Features
- Carbon Monoxide Detector(s)
- Smoke Detector(s)
Sewer
- Other
Sourcesystemkey
- 25511743:CLAW
Spa Features
- None
Tenant Pays
- Cable TV
- Electricity
- Gas
- Trash Collection
- Water
Totalexpenses
- 78532.00
Window Features
- Double Pane Windows
Year Built
- 2024
Year Built Source
- Builder
Zoning
- LARD1.5