Active
10821 Hartsook St
North Hollywood CA, 91601
$4,750,000
$465.69 per sqft
Active
26 Beds
24 Baths
10,200 sqft
Multi-family
Built in 2024
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!
25495141
MLSⓇ ID
February 7, 2025
Listed
February 15, 2025
Updated
Interior Features
Total Stories
3
Bedrooms
26
Total Bathrooms
24
Appliances
Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
Laundry Description
In Unit, Inside
Floor Description
Laminate
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.16 Acres
Roof
Other
Sewer
In Street
Security
Carbon Monoxide Detector(s), Smoke Detector
Window
Double Pane Windows
Other Property Details
Area Name
North Hollywood
Days on Market
8
Garage
No
Parking
Driveway
Parking Total
14
View
Yes
View Description
Walk Street
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Waterfront Features
None
Zoning
LARD1.5
Listed by Stacy Blaugrund with Power Brokers
Listing Contact: 310-621-8336
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/15/2025