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    10916 Hesby Street

    North Hollywood, CA 91601
    • $2,650,000
    • STATUS: Active
    • ON SITE: 118 days
    • ID#: 20570324
    UPDATED: 22 min ago
    $2,650,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    BEAUTIFUL BRAND NEW Fourplex in HOT HOT HOT Noho Arts District! Four 3-story townhome style units. This property provides investors with an exceptional projected cap rate of 5.2%. NON RENT CONTROL, a 1 year builder's warranty, brand new everything! Almost zero maintenance. Separate water, gas and electrical utilities. A+ location, walking distance to Noho arts district restaurants, shops, and much more. Toluca Lake Adj, This is A+ quality construction in an A+ location. 3 units have covered parking, while one unit has an outdoor tandem parking space. Great investment with little to no overhead. Must see.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-07T13:29:01.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

    www.applefinancialnetwork.com/homes/104962774
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    10916 Hesby Street North Hollywood, CA 91601

    • Price: $2,650,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 20570324
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2020
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    BEAUTIFUL BRAND NEW Fourplex in HOT HOT HOT Noho Arts District! Four 3-story townhome style units. This property provides investors with an exceptional projected cap rate of 5.2%. NON RENT CONTROL, a 1 year builder's warranty, brand new everything! Almost zero maintenance. Separate water, gas and electrical utilities. A+ location, walking distance to Noho arts district restaurants, shops, and much more. Toluca Lake Adj, This is A+ quality construction in an A+ location. 3 units have covered parking, while one unit has an outdoor tandem parking space. Great investment with little to no overhead. Must see.
    Exterior Features

    Lot Size Units Square Feet Parking Features AssignedCovered Parking YN Yes

    Interior Features

    Appliances DishwasherDisposalMicrowave Appliances YN Yes Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 186912.00 Gross Multiplier 14.70 Gross Operating Income 186912.00 Land Lease Amount 0.00 Net Operating Income 133961.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 49211.00 Zoning Lar3

    Listing provided courtesy of Michael Shlomof of Onward Capital, Inc. and Serena Shlomof of Onward Capital, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-07T13:29:01.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

     
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