10827 Hartsook Street, North Hollywood, CA 91601

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Property 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!


Interior Features

Laundry Information
Location(s) Inside
Kitchen Information
Features Remodeled, Updated Kitchen
Bedroom Information
Bedrooms 26
Bathroom Information
Features Remodeled, Vanity
Bathrooms 24
Flooring Information
Material Laminate
Interior Information
Cooling Type Central Air
Heating Type Central

Listing Information

Address 10827 Hartsook Street
City North Hollywood
State CA
Zip 91601
County Los Angeles
Listing Agent Stacy Blaugrund DRE #01328402
Co-Listing Agent Fred Nabati DRE #01276914
Courtesy Of Power Brokers
List Price $4,750,000
Status Active
Type Residential Income
Structure Size 10,200
Lot Size 6,768
Year Built 2024

Listing information courtesy of: Stacy Blaugrund, Fred Nabati, Power Brokers. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 15th, 2025 at 1:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.