REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 899,950
Est. payment /mo
Active
10945 Hesby Str North Hollywood, CA 91601
5,806 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26004651
HOA Y/N No
Year Built 1939
Lot Size 5,806 Sqft
Property Sub-Type Mixed Use
Property Description
This well-located five-unit residential income property presents a compelling value-add opportunity in a highly sought-after North Hollywood neighborhood, south of Magnolia Boulevard. The property benefits from close proximity to major film and television studios, popular dining and entertainment venues, and excellent access to freeways and public transportation—driving consistently strong and durable rental demand.
The asset is efficiently configured with separate gas and electric meters, private storage garages, and units that support operational efficiency and long-term ownership. The property currently delivers a stable 5-cap return, while long-term tenants enjoy below-market rents, providing a clear and achievable pathway to materially increase income through rent optimization and strategic repositioning.
With its attractive in-place cash flow, irreplaceable location, and meaningful upside potential, this offering represents an excellent opportunity for investors seeking both near-term stability and long-term growth.
Offered at an accessible $899,950 price point, this property represents an excellent entry-level investment for both beginning investors and seasoned operators alike, combining immediate cash flow with meaningful upside potential.
Photos are from last vacancy, all units will be delivered with tenants in place.
The asset is efficiently configured with separate gas and electric meters, private storage garages, and units that support operational efficiency and long-term ownership. The property currently delivers a stable 5-cap return, while long-term tenants enjoy below-market rents, providing a clear and achievable pathway to materially increase income through rent optimization and strategic repositioning.
With its attractive in-place cash flow, irreplaceable location, and meaningful upside potential, this offering represents an excellent opportunity for investors seeking both near-term stability and long-term growth.
Offered at an accessible $899,950 price point, this property represents an excellent entry-level investment for both beginning investors and seasoned operators alike, combining immediate cash flow with meaningful upside potential.
Photos are from last vacancy, all units will be delivered with tenants in place.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2419003021
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Jill Fischer-Politz The One Luxury Properties 818-231-9207