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We are pleased to present 10828 Hesby Street, a brand-new, FULLY LEASED luxury 5- unit multifamily property located in the heart of North Hollywood, just minutes from Toluca Lake and Studio City and within walking distance 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.The 5-bedroom unit is leased at $6,000, both 4-bedroom units are leased at $5,250 each, the 2-bedroom/3-bath ADU is leased at $3,750, and 2-bedroom/2-bath ADU is rented at $3,100 reflecting strong rental demand and high-income potential. Offered at $3,595,000 with a REAL CAP RATE of 6.26%, the property is expected to generate approximately $280,200 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.
Property Type(s):
Residential Income
| Last Updated | 4/19/2026 | Year Built | 2025 |
|---|---|---|---|
| Community | NHO - North Hollywood | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer Stacked |
| AREA | NHO - North Hollywood |
| HEAT | Central |
| LOT | 5401 sq ft |
| LOT DIMENSIONS | 40x135 |
| PARKING | Assigned |
| STORIES | 3+ |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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