Property
Beds
26
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
10,200
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 5.85% cap rate. The property can be sold together for $9,050,000 or individually for $4,525,000 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!
Features & Amenities
Interior
-
Total Bedrooms
26
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
Driveway
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.1554
-
Property Type
Residential Income
Price
-
Sales Price
$4,525,000
-
Sq. Footage
10, 200
-
Price/SqFt
$443
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Senior Community YN
NO
-
Sewer
Other
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Stacy Blaugrund , Power Brokers
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