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
25495295
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
0 total garage spaces, Driveway
Water Features
Water: Public
Heating
Central
Interior Features
Built-Ins
Kitchen
Gourmet Kitchen, Quartz Counters, Remodeled
Laundry
In Unit, Inside
Lot
LotAcreage: 0.1554, LotSizeArea: 6,768
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
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