$7,999,000
About this home
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 (4 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 6.19%* cap rate (See OM for Full Details). 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!
Facts & features
- Bedrooms
- 44
- Bathrooms
- 0 full, 0 half
- Living area
- 18,432 sq ft
- Appliances
- Built In, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Dryer, Washer
- Flooring
- Laminate
- Fireplace
- None
- Heating
- Central
- Cooling
- Central Air
- Laundry
- Inside
- Levels
- Multi Split
- Spa
- None
- Lot size
- 0.311 acres (13,537 sq ft)
- Pool
- None
- Year built
- 2024
- New construction
- Yes
- Parking
- Driveway
- Parking spaces
- 14
- Area
- NHO - North Hollywood
- County
- Los Angeles
- Status
- Active
- Property type
- Residential Income
- Days on market
- 204
- Listed
- 2025-12-08
- Original price
- $8,750,000
- Parcel #
- 2419008027
- MLS #
- 25626619
