10821 Hartsook St - Apartments FOR SALE


North Hollywood, CA 91601
$4,750,000 USD
310-954-0808
10821 Hartsook St, North Hollywood, CA for Sale
$4,750,000 USD
Apartments - FOR SALE
1/31
null | 5.6% Cap Rate

10821 Hartsook St
North Hollywood, CA 91601


HIGHLIGHTS

  • Newly Constructed.
  • High End Finishes.
  • Luxury Vinyl Tile Throughout.
  • Located in a High Demand Rental Market.
  • Tenants has easy access to Restaurants, coffee shops, and bars | Dog parks & green spaces | Metro stations & public transit | Burbank Airport and more

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$466 USD /SF

# OF UNITS

6

PRICE/UNIT

$791,667

CAP RATE

5.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10821 Hartsook St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LARD1.5

APN/PARCEL ID

2419-008-027

ASK ABOUT THIS PROPERTY

Fred NabatiTrimax Realty, Inc.More Info
310-954-0808

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Fred NabatiTrimax Realty, Inc.More Info
310-954-0808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.