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10828 Hesby StreetNorth Hollywood, CA 91601

For Sale

$3,595,000

Smart Buyer Rebate $35,950

We are pleased to present 10828 Hesby Street, a brand-new, 100% FULLY LEASED luxury 5- unit multifamily property located in the heart of North Hollywood, just minutes from Toluca Lake and Studio City and within walking distance to the vibrant NoHo Arts District. This non-rent-controlled asset offers an ideal unit mix consisting of one 5-bedroom, two 4-bedroom, and two 2-bedroom unitseach thoughtfully designed with open floorplans, in-unit laundry, premium stainless steel appliances, and large windows that flood the interiors with natural light. The 5-bedroom unit is leased at $6,000, both 4-bedroom units are leased at $5,250 each, the 2-bedroom/3-bath unit is leased at $3,750, and the 2-bedroom/2-bath ADU is rented at $3,100 reflecting strong rental demand and high-income potential. Offered at $3,595,000 with a REAL CAP RATE of 6.26%, the property is expected to generate approximately $280,200 in annual rental income, making it one of the best-priced new construction offerings in the area. Tenants pay for all utilities, keeping operating expenses low, and the property comes with a one-year builder's warranty for added peace of mind. With seven dedicated parking spaces, the building offers excellent convenience. Prime location near major studios, with easy access to dining, cafes, entertainment options and freeways. Recent comparable sales in prime North Hollywood continue to demonstrate strong investor demand for well located multifamily assets. 11447 Cumpston St, a four unit property, just closed at $3,350,000, achieving $837,500 per unit. Additionally, 5663 Case Ave, a five unit property, sold for $3,900,000, reflecting $780,000 per unit. These trades underscore the premium pricing being achieved for quality assets in this highly sought after rental pocket. Ample street parking is also available for tenants and guests. Hesby Street presents a rare opportunity to acquire a low-maintenance, high-yield investment in one of L.A.'s most desirable rental markets. See OM in Docs.

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 April 30, 2026

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Source: CRMLS #26754393

Listing Facts

  • TypeMulti-family
  • NeighborhoodNoho Arts District
  • Bedrooms17
  • Days on Prevu11
  • Size7,387 sqft
  • Price per sqft$487

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking

Location

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Listing History

04/19/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$3,595,000

Property Details for 10828 Hesby Street

Exterior

Construction

  • Number Of Units Total: 5
  • Stories Total: 3
  • Year Built: 2025

Measurements

  • Building Area Total: 7,387
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,400
  • Lot Size Dimensions: 40,135
  • Lot Size Source: Owner
  • Lot Size Square Feet: 5,400
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.26
  • Gross Income: $280,200.00

Taxes

  • Parcel Number: 2419005009

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator

Measurements

  • Living Area: 7,387
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 18
  • Bedrooms Total: 17

Parking

Parking

  • Parking Features: Assigned
  • Parking Total: 7

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Stacked

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 17 bedrooms in this multi-family home at 10828 Hesby Street.

Does this multi-family home have parking?

Yes, there are 7 parking spaces available for 10828 Hesby Street.

How does 10828 Hesby Street compare to other multi-family homes in Noho Arts District?

This multi-family home is listed 45% above the average price for multi-family homes in Noho Arts District and has been on the market for 69 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 7,387 sqft.

10828 Hesby Street is a 17-bedroom multi-family home for sale in North Hollywood CA 91601. Listed on Prevu for 11 days at $3,595,000. This residence features 7,387 square feet of living space, located in Noho Arts District. The median listing price for multi-family homes in this area is $1,245,000. Additional amenities include dishwasher, air conditioning, and parking. Explore more multi-family home listings in Los Angeles.

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.

Full MLS Disclaimers

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.