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For SaleLuxury

$6,999,999

18,432 sqft$380/sqft58 days on market

10821 Hartsook Street

North Hollywood, CA 91601

· 8% down, 7% APR, 30yr fixed

44

Beds

48

Baths

18,432

Square feet

2024

Built

Listing narrative

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 (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 7.29% 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!

Listing agent (MLS): Fred Nabati · Listing brokerage (MLS): Trimax Realty, Inc.

Property Details

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Price

$6,999,999

Beds

44 bd

Type

House

Home Size

18,432 sqft

Baths

48

Lot Size

0.31 acres

Year

2024

Status

For Sale

Days on Market

58

$ / Sqft

$380

· 8% down, 7% APR, 30yr fixed
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Courtesy of Trimax Realty, Inc.