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.
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.