10827 Hartsook ST Active Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91601
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 10,200 sqft
Price per Sqft $435
MLS Listing ID 25511743
Bedrooms 26
HOA Y/N No
Year Built 2024
Lot Size 6,769 Sqft
Property Description
MOTIVATED SELLER! SELLER WILLING TO BUY DOWN RATE FOR BUYER! SELLER WILLING TO PAY EXTRA CONCESSIONS! 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 5.88% cap rate. The property can be sold together for $8,889,000 or individually for $4,444,500 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
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 2419008026
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Special Listing Condition Standard