10821 Hartsook ST new Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91601
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,200 sqft
Price per Sqft $465
MLS Listing ID 25495141
Bedrooms 26
HOA Y/N No
Year Built 2024
Lot Size 6,769 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Built-In,Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Dryer,Washer
Laundry Inside
Exterior
Parking Features Driveway
Pool None
View Y/N Yes
Roof Type Other
Accessibility Other
Total Parking Spaces 14
Private Pool No
Building
Faces South
Story 3
Entry Level Multi/Split
Sewer Other
Level or Stories Multi/Split
New Construction Yes
Others
Senior Community No
Tax ID 2419008027
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Financing Cash
Special Listing Condition Standard
Lease Land No