10810 Hesby Street, North Hollywood, CA 91601
List Price: $2.9M
Listing Status: Active
0Days on Market: 0
14 Bedrooms · 14 Bathrooms · 6,999 sq ft
Property Type: ResidentialIncome
Year Built: 2026
Lot Size: 5,397 sq ft
MLS Number: 26854953
About This Property
***Fully Occupied 6% Cap Rate*** Secure a high-yield asset in the heart of the NoHo Arts District with 10810 Hesby, a brand-new construction 4-unit property designed for the savvy investor seeking cash flow with minimal oversight. Delivering an exceptional fully stabilized 6% CAP rate with actual rents totaling $18,685/month, this turnkey asset stands out in a market where similar 4 unit developments have sold upwards of $3.3 million. The property features a unit mix of two 4bed and two 3bed units, all boasting open layouts, brand new appliances, 2 on site parking spots, and in unit laundry. Best of all, this asset is not subject to rent control and comes with all units separately metered for utilities, allowing simple management and low recurring maintenance costs. This is a rare opportunity to own a high-margin investment in North Hollywood's fastest growing high demand rental pockets.
Listing provided by: James Oddino DRE #02197706 214-295-4888 jameso@viprealtyca.com, VIP Realty California, PC
Source: CRMLS, MLS #: 26854953
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