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… 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 5.96%* 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! -- SELLER WILLING TO BUY DOWN RATE FOR BUYER! SELLER WILLING TO PAY EXTRA CONCESSIONS! Read Less
Courtesy of Trimax Realty, Inc. 310-954-0808
Listing Snapshot
Days Online
36
Last Updated
Property Type
Other
Beds
44
Square Ft.
18,432
Lot Size
0.31 Acres
Year Built
2024
MLS Number
25626619
30 Days Snapshot Of 91601
$758k
-25%
(avg) sold price
3
0%
homes sold
55
+71%
(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
18,432 sq ft, Built in 2024, Levels: Multi/Split, Attached, Farm House
Cooling
Central
Disclosures
Rent Control, Property Report
Exterior Features
Stucco
Fireplaces
None
Floors
Laminate
Foundation
Slab
Garage
Driveway
Water Features
Water: Public
Heating
Central
Kitchen
Gourmet Kitchen, Quartz Counters, Remodeled
Laundry
In Unit, Inside
Lot
LotAcreage: 0.1554, LotSizeArea: 13,537, 2-4 Lots
Miscellaneous
None
Parking
CoveredParking: 0, TotalParking: 14
Pool
PoolYN: False, None
Property
EntryLocation: Ground Level w/steps, LandLeaseType: Fee, NumberOfUnits: 12, 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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