10827 Hartsook Street 10827 Hartsook Street North Hollywood, California 91601 United States

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 5.74% cap rate. The property can be sold together for $9,250,000 or individually for $4,625,000 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 & 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!

Listing Courtesy of Power Brokers