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!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48972426
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 26
Bathroom Information
- Total Baths: 24
- Full Baths: 0
- Half Baths: 0
Water/Sewer
- Sewer : Other
Interior Features
- Roof : Other
- Windows: Double Pane Windows
- Property Appliances: Built-In,Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Dryer,Washer
- Fireplace: None
- Flooring: Laminate
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 2024
- Building Area Total: 10,200
- Construction: Stucco
- Roof: Other
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features
- Other
Pool Features
- None
Laundry Features
- Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1554
- Lot Size Source: Plans
- Lot Size Square Feet: 6769
-
Listing Information
Listing Price Information
- Original List Price: 4,625,000
- Listing Contract Date: 2025-03-14
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 2419008027
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas,Other,Trash Collection,Water
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Postal Code Plus 4: 3915
- Directions: East of Vineland, South of Magnolia, North of Camellia, West of Cahuenga
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: NHO - North Hollywood
Building and Construction
- Property Age: 1
- Year Built Source: Builder
- Total Square Feet Living: 10200
- Entry Location: Ground Level w/steps
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 04/05/2025 @ 01:32
- MLS: 25511739
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 26 bedrooms which is for sale, it has 10,200 sqft, 6,769 sized lot, and 0 parking. are nearby neighborhoods.