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$4,575,000
Est. payment /mo
10,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,200 sqft
Price per Sqft $448
MLS Listing ID CL25511739
HOA Y/N No
Year Built 2024
Lot Size 6,769 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
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 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 5.68% cap rate. The property can be sold together for $9,150,000 or individually for $4,575,000 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
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Other
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Inside
Exterior
Utilities Available Other Water/Sewer
Handicap Access Other
Building
Water Other
New Construction No
Others
Tax ID 2419008027
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Listed by Stacy Blaugrund • Power Brokers
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