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10828 Hesby St
North Hollywood, CA 91601

$3,795,000 USD

Apartments For Sale  •  7,387 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,387 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.88 %
  • Zoning LARD1.5
47 Transit Score
85 Walk Score

Highlights

EXCELLENT 1031 Exchange opportunity – low maintenance, high-yield asset
SITUATED in prime North Holywood (NoHo) – a highly desirable location attracting quality tenants
BRAND-NEW construction with premium modern finishes throughout and in-unit laundry rooms with washers and dryers included
3 of the 5 Units Leased (One of Each Unit Type)
NO Rent Control – AB1482 Exempt
IDEAL UNIT MIX: (1) 5-bedroom, (2) 4-bedrooms, and (2) 2-bedrooms

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $223,210 USD (2025)
Cap Rate: 5.88 %
Total Expenses: $53,240 USD

Amenities

  • 24 Hour Access
  • Balcony
  • Controlled Access
  • Dishwasher
  • Microwave
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Sprinkler System
  • Stainless Steel Appliances
  • Freezer
  • Island Kitchen
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.5 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 3.8 mi
Transit/SubwayDriveWalkDistance
North Hollywood Station (Orange Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Bob Hope 9 min - 3.6 mi
Los Angeles International 35 min - 24.4 mi
Long Beach (Daugherty Field) 49 min - 34.5 mi
David Saghian 818-231-5540 Lyon Stahl Investment Real Estate
David Saghian 818-231-5540 Lyon Stahl Investment Real Estate