New Construction Townhome-Style
10821 Hartsook St North Hollywood, CA 91601
For Sale
$7,999,000
MULTI_FAMILY - North Hollywood, CA
Property Size18,432 SF
Lot Size0.16 Acres
Price / SF$433.97
Days on Market227
Property Features for 10821 Hartsook St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD1.5
- Bedrooms
- 44
- Bathrooms
- 48
- Rooms
- Bedroom 39, Bathroom 38, Bathroom 19, Bathroom 24, Bedroom 3, Bedroom 15, Bedroom 32, Bathroom 37, Bedroom 40, Bedroom 25, Bathroom 14, Bathroom 48, Bedroom 41, Bedroom 4, Bedroom 26, Bathroom 1, Bathroom 20, Bathroom 8, Bathroom 17, Bathroom 41, Bedroom 6, Bedroom 14, Bedroom 35, Bedroom 34, Bedroom 17, Bathroom 44, Bathroom 9, Bathroom 11, Bathroom 42, Bathroom 31, Bathroom 29, Bedroom 36, Bedroom 19, Bathroom 23, Bathroom 15, Bedroom 22, Bathroom 7, Bathroom 6, Bathroom 10, Bathroom 12, Bathroom 2, Den, Bedroom 37, Bathroom 35, Bathroom 27, Bathroom 16, Bathroom 3, Bathroom 30, Bathroom 32, Bathroom 28, Bedroom 8, Bedroom 31, Bedroom 2, Bedroom 27, Bathroom 47, Bedroom 38, Bathroom 46, Bathroom 21, Bathroom 13, Bedroom 20, Bedroom 18, Bathroom 33, Bathroom 36, Bedroom 29, Bathroom 34, Bathroom 22, Bedroom 5, Bedroom 33, Bedroom 28, Bedroom 9, Bedroom 12, Bathroom 5, Bathroom 45, Bathroom 43, Bedroom 43, Bedroom 44, Bedroom 11, Bedroom 10, Bathroom 26, Bedroom 21, Bedroom 7, Bathroom 18, Bedroom 24, Bedroom 42, Bathroom 25, Bedroom 23, Bedroom 30, Bedroom 1, Bedroom 16, Bedroom 13, Bathroom 39, Bathroom 40, Bathroom 4
- Parking
- 14
- Parking features
- Driveway
- Window features
- Double Pane Windows
- Appliances
- Built-Ins, Oven, Microwave, Range
- Standard status
- Active
- APN
- 2419-008-027
- Size
- 18,432 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 3
- Number of units
- 12
- Flooring type
- Laminate
- Architectural style
- Other
Listing Agency:
Trimax Realty, Inc.
(310) 954-0808
Listed By:
Fred Nabati · License #01276914
(424) 704-3373
Added: Dec 8, 2025
Changed: Jun 30
Last Checked: Jul 23 at 10:06PM
MLS# 25626619
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
New construction multifamily property with 12 total units across two buildings. The configuration includes eight townhouse-style units with 4 bedrooms and 4.5 bathrooms each, plus four additional ADUs with 3 bedrooms and 3 bathrooms each. Unit interiors feature luxury vinyl tile flooring, gourmet kitchens with quartz countertops and designer tile backsplashes, and modern bathrooms with premium tiling and custom mirrors. High-efficiency appliances and keypad entry are included for convenience and security, and utilities are individually metered with owned solar panels. Exterior grounds include low-maintenance desert landscaping.
The property is located at 10821 Hartsook St in North Hollywood, within the Los Angeles area. The listing describes the setting as near North Hollywood Arts District destinations and access points, including restaurants, coffee shops, and bars, as well as dog parks and green spaces. It also notes proximity to metro stations and public transit and access to Burbank Airport, along with NOHO West shopping and entertainment.
This offering is presented as a turnkey investment opportunity with units described as fully rented at market rates, along with a stated 6.19% cap rate (see OM for full details). With individually metered utilities and owned solar panels, the building is designed to support straightforward monthly operations. The mix of townhouse units and separate ADUs can be appealing to tenants seeking more flexible layouts within a newer, low-maintenance property.
The property is located at 10821 Hartsook St in North Hollywood, within the Los Angeles area. The listing describes the setting as near North Hollywood Arts District destinations and access points, including restaurants, coffee shops, and bars, as well as dog parks and green spaces. It also notes proximity to metro stations and public transit and access to Burbank Airport, along with NOHO West shopping and entertainment.
This offering is presented as a turnkey investment opportunity with units described as fully rented at market rates, along with a stated 6.19% cap rate (see OM for full details). With individually metered utilities and owned solar panels, the building is designed to support straightforward monthly operations. The mix of townhouse units and separate ADUs can be appealing to tenants seeking more flexible layouts within a newer, low-maintenance property.
Key Highlights
- Brand‑new 2024 multi‑family built across two buildings at 10821‑10829 Hartsook St., total of 12 units
- Unit mix: 8 townhouse units (4 beds, 4.5 baths each) plus 4 ADUs (3 beds, 3 baths each)
- Individually metered utilities and owned solar panels to help reduce utility expenses
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $586.1k | $31.80 |
| − Vacancy | −$46.9k | −$2.54 |
| EGI | $539.2k | $29.26 |
| − OpEx | −$242.7k | −$13.17 |
| NOI | $296.6k | $16.09 |
18,432 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.24M
$3.71M – $4.94M
NOI $296,586 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.87M
$8.63M – $11.51M
NOI $690,789 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Turnkey two-building multifamily with townhouse units and ADUs, individually metered utilities, and owned solar panels.
Where is this apartment building located?
The property is located at 10821 Hartsook St North Hollywood, CA.
What is the asking price?
The asking price for this property is $7,999,000.
What are key features of this property?
This property features: Brand‑new 2024 multi‑family built across two buildings at 10821‑10829 Hartsook St., total of 12 units; Unit mix: 8 townhouse units (4 beds, 4.5 baths each) plus 4 ADUs (3 beds, 3 baths each); Individually metered utilities and owned solar panels to help reduce utility expenses
