NEW CONSTRUCTION
$225K PRICE DROP
10827 Hartsook St North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated payment $26,304/month
Total Views
7,834
26
Beds
24
Baths
10,200
Sq Ft
$444
Price per Sq Ft
Highlights
- New Construction
- Gourmet Kitchen
- Farmhouse Style Home
- Solar Power System
- Multi-Level Bedroom
- High Ceiling
About This Home
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 5.76% cap rate. The property can be sold together for $9,050,000 or individually for $4,525,000 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,353
Year Built
- Built in 2024 | New Construction
Lot Details
- 6,768 Sq Ft Lot
- South Facing Home
Home Design
- Farmhouse Style Home
- Split Level Home
- Copper Plumbing
- Stucco
Interior Spaces
- 10,200 Sq Ft Home
- 3-Story Property
- Built-In Features
- High Ceiling
- Double Pane Windows
- Sliding Doors
- Den
- Laminate Flooring
- Property Views
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 26 Bedrooms
- Multi-Level Bedroom
- Remodeled Bathroom
- Powder Room
- 24 Bathrooms
- Double Vanity
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 14 Parking Spaces
- Driveway
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Gas Water Heater
- Sewer in Street
Additional Features
- Solar Power System
- Balcony
Listing and Financial Details
- The owner pays for gardener
- Assessor Parcel Number 2419-008-026
Community Details
Overview
- 2 Buildings
- 6 Units
Building Details
- Vacancy Allowance $9,993
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,353 | $1,697,932 | $1,018,759 | $679,173 |
| 2024 | $20,353 | $1,664,640 | $998,784 | $665,856 |
| 2023 | $19,957 | $1,632,000 | $979,200 | $652,800 |
| 2022 | $12,027 | $999,600 | $612,000 | $387,600 |
| 2021 | $11,881 | $980,000 | $600,000 | $380,000 |
| 2020 | $2,821 | $205,043 | $123,028 | $82,015 |
| 2019 | $2,721 | $201,023 | $120,616 | $80,407 |
| 2018 | $2,602 | $197,082 | $118,251 | $78,831 |
| 2016 | $2,473 | $189,431 | $113,660 | $75,771 |
| 2015 | $2,439 | $186,586 | $111,953 | $74,633 |
| 2014 | $2,468 | $182,932 | $109,760 | $73,172 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Price Changed | $4,525,000 | -1.1% | $444 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $4,575,000 | -1.1% | $449 / Sq Ft |
| 04/05/2025 04/05/25 | Price Changed | $4,625,000 | -2.6% | $453 / Sq Ft |
| 03/14/2025 03/14/25 | For Sale | $4,750,000 | +384.7% | $466 / Sq Ft |
| 11/20/2020 11/20/20 | Sold | $980,000 | -6.6% | $577 / Sq Ft |
| 10/31/2020 10/31/20 | Pending | -- | -- | -- |
| 09/09/2020 09/09/20 | For Sale | $1,049,000 | -- | $618 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $3,200,000 | Chicago Title | |
| Grant Deed | $980,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Corporate Deed | $135,000 | Continental Lawyers Title Co | |
| Trustee Deed | $167,129 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $6,125,000 | Credit Line Revolving | |
| Previous Owner | $2,200,000 | Construction | |
| Previous Owner | $106,000 | Unknown | |
| Previous Owner | $117,000 | Unknown | |
| Previous Owner | $121,500 | Seller Take Back |
Source: Public Records
Similar Home in North Hollywood, CA
Source: The MLS
MLS Number: 25511743
APN: 2419-008-026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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