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We are pleased to present 10828 Hesby Street, a brand-new, luxury 5-unit multifamily property located in the heart of North Hollywood, just minutes from Toluca Lake and Studio City and nearby to the vibrant NoHo Arts District. This non-rent-controlled asset offers an ideal unit mix consisting of one 5-bedroom, two 4-bedroom, and two 2-bedroom unitseach thoughtfully designed with open floorplans, in-unit laundry, premium stainless steel appliances, and large windows that flood the interiors with natural light. Offered at $3,900,000 with a projected cap rate of 5.56%, the property is expected to generate approximately $288,000 in annual rental income, making it one of the best-priced new construction offerings in the area. Tenants pay for all utilities, keeping operating expenses low, and the property comes with a one-year builder's warranty for added peace of mind. With eight dedicated parking spaces and two additional bonus spots, the building offers excellent convenience. Surrounded by shops, restaurants, and entertainment, 10828 Hesby Street presents a rare opportunity to acquire a low-maintenance, high-yield investment in one of L.A.'s most desirable rental markets. Buyer to verify all information.
DAYS ON MARKET | 34 | LAST UPDATED | 8/26/2025 |
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YEAR BUILT | 2025 | COMMUNITY | NHO - North Hollywood |
COUNTY | Los Angeles | STATUS | Active |
PROPERTY TYPE(S) | Residential Income |
ADDITIONAL DETAILS | |
APPLIANCES | Dishwasher, Gas Cooktop, Gas Oven, Microwave, Washer |
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AREA | NHO - North Hollywood |
GARAGE | Attached Garage |
HEAT | Central |
LOT | 5401 sq ft |
LOT DIMENSIONS | 40x135 |
PARKING | Attached, Attached Carport |
STORIES | 3+ |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/21/25 3:00 PM PDT and /or other sources. 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
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