$3,795,000
Price
17
Beds
18.5
Baths
7,387 Sq. Ft.
$514 / Sq. Ft.
7,387
Sq. Ft.
$514
per Sq. Ft.

Description

We are pleased to present 10828 Hesby Street, a brand new luxury 5 unit multifamily property located in the heart of North Hollywood, just minutes from Toluca Lake and Studio City and nearby to the vibrant NoHo Arts District. The 5 bedroom unit is currently rented for $6,000 per month, a 4 bedroom unit is rented for $5,250 per month, and a 2 bedroom unit is rented for $3,750 per month. This non rent controlled asset features an ideal mix of one 5 bedroom, two 4 bedroom, and two 2 bedroom units, each...We are pleased to present 10828 Hesby Street, a brand new luxury 5 unit multifamily property located in the heart of North Hollywood, just minutes from Toluca Lake and Studio City and nearby to the vibrant NoHo Arts District. The 5 bedroom unit is currently rented for $6,000 per month, a 4 bedroom unit is rented for $5,250 per month, and a 2 bedroom unit is rented for $3,750 per month. This non rent controlled asset features an ideal mix of one 5 bedroom, two 4 bedroom, and two 2 bedroom units, each thoughtfully designed with open floorplans, in unit laundry, premium stainless steel appliances, and large windows that bring in abundant natural light. Priced at $3,795,000 with a projected cap rate of 5.88%, the property is expected to generate approximately $285,000 in annual rental income, making it one of the best priced new construction opportunities in the area. Tenants pay for all utilities, keeping operating expenses low, and the property includes a 1 year builder's warranty for added peace of mind. With 7 dedicated parking spaces, the building offers excellent convenience. Surrounded by shops, restaurants, and entertainment, 10828 Hesby Street presents a rare opportunity to acquire a low maintenance, high yield investment in one of Los Angeles's most desirable rental markets. Buyer to verify all information.
  1. Listed by David Saghian • DRE #01992252 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 10828 Hesby Street

Zoning
LARD1.5
Style
New Project
Parcel Number
2419005009
Total Units
5.0
Living Area
7387
Source Living Area
Other
Area
North Hollywood (NHO)
Vacancy Rate
40%
LISTING UPDATED: 11/21/2025 12:06 AM

Property Details for 10828 Hesby Street

StatusActive
MLS #25618669
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2025
Lot Size0.12 AC / 5,400 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., David Saghian, DRE #01992252
Add your commute

Building Information for 10828 Hesby Street

Stories3Residences-Year Built2025Building Size-Lot Size0.12 AC / 5,400 SF

Payment Calculator

$19,706 per month

30 year fixed, 6.28% Interest

Principal and Interest

$18,752

Property Taxes

$954

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10828 Hesby Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: 5
  • Security Features: Gated
  • Direction Faces: North
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $276,450
  • Net Operating Income: $223,210.00
  • Gross Income: $285,000
  • Cap Rate: 5.88%
  • Gross Rent Multiplier: $13.32
  • Actual Annual Gross Rent: $285,000.00
  • Vacancy Allow Dollar: $8,550.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 54500
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.124
  • Lot Size Square Feet: 5400
  • Lot Size Dimensions: 40x135
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Carport Attached, Uncovered
  • Total Parking: 7
  • Parking Features: Attached Carport, Uncovered
  • Attached Garage: Yes
Interior Features
Interior Features
  • Room Type: Living Room, Office
  • Rooms: Dining Room, Dining Area, Living Room, Office
  • Levels: Three Or More
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Cooling: Air Conditioning
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Washer, Solar Panels, Range/Oven, Microwave
  • Room Kitchen Features: Kitchen Island
  • Kitchen Features: Island, Marble Counters
  • Room Bathroom Features: Shower in Tub, Tile Counters
  • Bathroom Features: Shower and Tub, Tile
  • Cooking Appliances: Microwave, Cooktop - Gas, Oven-Gas
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 11-13-2025
  • Tenant Pays: Water, Gas, Trash Collection, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 5
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $6,000.00
  • Unit Actual Rent: $6,000.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $5,250.00
  • Unit Actual Rent: $5,250.00
  • Unit Projected Rent: $5,250.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $5,250.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,250.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,750.00
  • Unit Actual Rent: $3,750.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $354,600.00
  • Assessed Improvement Percent: 38.34
  • Assessed Land Value: $570,400.00
  • Assessed Land Percent: 61.66
  • Assessed Total Value: $925,000.00

Property History for 10828 Hesby Street

DateEvent & SourcePriceAppreciation
Nov 13, 2025

Listed (Active)

CRMLS #25618669

$3,795,000—
Nov 13, 2025

Withdrawn / Cancelled

CRMLS #25580597

$3,900,000—
Nov 13, 2025

Listed (Active)

CLAW #25618669

$3,795,000—
Nov 10, 2025

Withdrawn / Cancelled

CLAW #25580597

$3,900,000—
Aug 19, 2025

Listed (Active)

CLAW #25580597

$3,900,000—
Aug 19, 2025

Listed (Active)

CRMLS #25580597

$3,900,000—
Aug 11, 2023

Sold

SDMLS #WS23103030

$925,000—
Aug 11, 2023

Sold

CLAW #WS23103030MR

$925,000—
Aug 11, 2023

Sold

CRMLS #WS23103030

$925,000—
Aug 1, 2023

Sold (Public Record)

Public Record #1516139342

$925,000—
Jun 27, 2023

Pending

CRMLS #WS23103030

—
Jun 27, 2023

Listed (Active)

CRMLS #WS23103030

—
Jun 27, 2023

Pending

CLAW #WS23103030MR

—
Jun 27, 2023

Pending

SDMLS #WS23103030

—
Jun 13, 2023

Pending

CRMLS #WS23103030

—
Jun 11, 2023

Listed (Active)

CRMLS #WS23103030

$950,000—
Jun 8, 2023

Listed (Active)

CLAW #WS23103030MR

$950,000—
Jun 8, 2023

Listed (Active)

SDMLS #WS23103030

$950,000—
DateEvent & SourcePrice
11/13/2025

Listed (Active)

CRMLS #25618669

$3,795,000
11/13/2025

Withdrawn / Cancelled

CRMLS #25580597

$3,900,000
11/13/2025

Listed (Active)

CLAW #25618669

$3,795,000
11/10/2025

Withdrawn / Cancelled

CLAW #25580597

$3,900,000
08/19/2025

Listed (Active)

CLAW #25580597

$3,900,000
08/19/2025

Listed (Active)

CRMLS #25580597

$3,900,000
08/11/2023

Sold

SDMLS #WS23103030

$925,000
08/11/2023

Sold

CLAW #WS23103030MR

$925,000
08/11/2023

Sold

CRMLS #WS23103030

$925,000
08/01/2023

Sold (Public Record)

Public Record #1516139342

$925,000
06/27/2023

Pending

CRMLS #WS23103030

—
06/27/2023

Listed (Active)

CRMLS #WS23103030

—
06/27/2023

Pending

CLAW #WS23103030MR

—
06/27/2023

Pending

SDMLS #WS23103030

—
06/13/2023

Pending

CRMLS #WS23103030

—
06/11/2023

Listed (Active)

CRMLS #WS23103030

$950,000
06/08/2023

Listed (Active)

CLAW #WS23103030MR

$950,000
06/08/2023

Listed (Active)

SDMLS #WS23103030

$950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10828 Hesby Street

Taxable ValueLand$581,808Additions$361,692Total$943,500
Tax Record2025$11,447 ($954 / month)
Home Facts
Beds2Total Finished SqFt1,088 SqFtAbove Grade Finished SqFt1,088 SqFtStories1Lot Size5,400 SqFtStyleSingle Family ResidenceYear Built1928ZoningLARD1.5CountyLOS ANGELESAPN2419-005-009

Schools near 10828 Hesby Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Toluca Lake Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

East Valley Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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10828 Hesby Street is a multi-family home for sale in North Hollywood, CA 91601. This property was listed for sale on November 13, 2025 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $3,795,000. It has been on the market for a total of 21 days and was last sold on August 11, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Toluca Lake Elementary School, Walter Reed Middle School and East Valley Senior High School. 10828 Hesby Street is a 17-bed, 18.5-bath, 7,387 sqft multi-family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., David Saghian, DRE #01992252

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.