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10828 Hesby StreetNorth Hollywood, CA 91601

For Sale

$3,795,000

Smart Buyer Rebate $37,950

We are pleased to present 10828 Hesby Street, a brand new luxury 5 unit multifamily property located in the heart of North Hollywood, just minutes from Toluca Lake and Studio City and nearby to the vibrant NoHo Arts District. The 5 bedroom unit is currently rented for $6,000 per month, a 4 bedroom unit is rented for $5,250 per month, and a 2 bedroom unit is rented for $3,750 per month. This non rent controlled asset features an ideal mix of one 5 bedroom, two 4 bedroom, and two 2 bedroom units, each thoughtfully designed with open floorplans, in unit laundry, premium stainless steel appliances, and large windows that bring in abundant natural light. Priced at $3,795,000 with a projected cap rate of 5.88%, the property is expected to generate approximately $285,000 in annual rental income, making it one of the best priced new construction opportunities in the area. Tenants pay for all utilities, keeping operating expenses low, and the property includes a 1 year builder's warranty for added peace of mind. With 7 dedicated parking spaces, the building offers excellent convenience. Surrounded by shops, restaurants, and entertainment, 10828 Hesby Street presents a rare opportunity to acquire a low maintenance, high yield investment in one of Los Angeles's most desirable rental markets. Buyer to verify all information.

Listed by David Saghian

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License #01992252

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Lyon Stahl Investment Real Estate, Inc.

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818-231-5540

Last updated November 18, 2025

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Source: CRMLS #25618669

Listing Facts

  • TypeMulti-family
  • NeighborhoodNoho Arts District
  • Bedrooms17
  • Days on Prevu6
  • Size7,387 sqft
  • Price per sqft$514

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

11/13/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$3,795,000

Property Details for 10828 Hesby Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 5
  • Stories Total: 3
  • Year Built: 2025

Features

  • Direction Faces: North

Measurements

  • Building Area Total: 7,387
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,400
  • Lot Size Dimensions: 40,135
  • Lot Size Source: Survey
  • Lot Size Square Feet: 5,400
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.88
  • Gross Income: $285,000.00

Taxes

  • Parcel Number: 2419005009

Interior

Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave, Washer

Measurements

  • Living Area: 7,387
  • Living Area Source: Other

Rooms

  • Bathrooms Total Integer: 18
  • Bedrooms Total: 17

Parking

Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Parking Features: Attached Carport, Uncovered
  • Parking Total: 7

Utilities

Equipment

  • Heating: Central
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.