North Hollywood, CA 91601 10828 Hesby Street

$3,900,000

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Presented By: David Saghian with Lyon Stahl Investment Real Estate, Inc.;

MLS# 25580597
08/20/2025

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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.

Beds • 17
Baths • 18
SQFT • 7,350
Garage • 1

Home Details

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 5.98%, the property is expected to generate approximately $304,800 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.

Presented By: David Saghian with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 10828 Hesby Street

Bedrooms

Total Bedrooms17

Bathrooms

1/4 Baths0

3/4 Baths0

Half Baths

Total Baths18

Other Interior Features

LivingAreaSourceOther

Air Conditioning Y/NNo

Basement (Y/N)No

Fireplace Y/NNo

Heating Y/NYes

Total Stories3

General for 10828 Hesby Street

Additional Parcels Y/NNo

AppliancesDishwasher, GasCooktop, GasOven, Microwave, Washer

Attached Garage Yes

Cap Rate5.98

Carport Y/NYes

CityNorth Hollywood

CountyLos Angeles

DirectionsSouth of Magnolia Blvd, West of Vineland Ave, North of Camarillo Street, East of Cahuenga Blvd.

Full Baths

Garage Y/NNo

Gross Income304800.0

HOANo

HeatingCentral

Home Warranty Y/NNo

Land Lease Y/NNo

Lease Considered Y/NNo

Lease Renewal Y/NNo

LevelsThreeOrMore

Lot Size Square Feet5400.0

Lot Size UnitsSquareFeet

MLS AreaNHO - North Hollywood

MobileHomeRemainsYNNo

Net Operating Income233108.0

New ConstructionNo

Number Of Units Total5

PossessionCloseOfEscrow

PostalCityNORTH HOLLYWOOD

Property Attached Y/NNo

Property TypeResidentialIncome

Rent Control Y/NNo

Senior Community Y/NNo

Special Listing ConditionsStandard

Standard StatusActive

StatusActive

Tenant PaysGas, TrashCollection, Water

Year Built2025

Year Built SourceBuilder

ZoningLARD1.5

Exterior for 10828 Hesby Street

Building Area Total7350.0

Crops Included Y/NNo

Horse Y/NNo

Irrigation Water Rights Y/NNo

Lot Dimensions40x135

Lot Size Acres0.124

Lot Size Area5400.0

Lot Size SourceSurvey

Number of Buildings2

Parking FeaturesAttachedCarport, Uncovered

Private PoolNo

SpaNo

Total Parking8.0

Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate

Price $3,900,000

MLS#25580597

List Date 08/20/2025

Property Type Multi-Family

Phone 714.742.6515

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