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… Read More 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! Read Less
Courtesy of Power Brokers 424-738-5900
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
26
Square Ft.
10,200
Lot Size
0.16 Acres
Year Built
2024
MLS Number
25495141
30 Days Snapshot Of 91601
$1,529k
+57%
(avg) sold price
5
0%
homes sold
78
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Built-Ins, Oven, Microwave, Range, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
Building
10,200 sq ft, Built in 2024, Levels: Multi/Split, Attached, Farm House
Cooling
Central
Disclosures
None
Exterior Features
Stucco
Fireplaces
None
Floors
Laminate
Garage
Driveway
Water Features
Water: Public
Heating
Central
Kitchen
Gourmet Kitchen, Quartz Counters, Remodeled
Laundry
In Unit, Inside
Lot
LotAcreage: 0.1554, LotSizeArea: 6,769
Miscellaneous
None
Parking
CoveredParking: 0, TotalParking: 14
Pool
PoolYN: False, None
Property
EntryLocation: Ground Level w/steps, LandLeaseType: Fee, NumberOfUnits: 6, OtherStructures: Accessory Bldgs, ViewDescription: Walk Street, ViewYN: 1, Zoning: LARD1.5, Balcony, Full Copper Plumbing, High Ceilings (9 Feet+), Sliding Glass Doors, New Construction
Sewer
In Street
Spa
Has spa, None
Utilities
Gas, Tankless
Windows
Double Pane Windows
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
