10810 Hesby Street, North Hollywood, California 91601

$3,095,000

Bedrooms

14

Bathrooms

14

Square Feet

6,999 sqft

City

North Hollywood

Status

Active

Secure a high-yield asset in the heart of the NoHo Arts District with 10810 Hesby, a brand-new construction 4-unit property designed for the savvy investor seeking cash flow with minimal oversight. Delivering an exceptional 6% CAP rate with projected rents totaling $20,000/month, this turnkey asset stands out in a market where similar 4 unit developments have sold upwards of $3.35 million. The property features a unit mix of two 4bed and two 3bed units, all boasting open layouts, brand new appliances, 2 on site parking spots, and in unit laundry. Best of all, this asset is not subject to rent control and comes with all units separately metered for utilities, allowing simple management and low recurring maintenance costs. This is a rare opportunity to own a high-margin investment in North Hollywood's fastest growing high demand rental pockets.