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New Construction Multifamily Property
For Sale
$7,999,000

10821 Hartsook St, North Hollywood, CA 91601

Turnkey 12-unit, two-building complex with individually metered utilities, owned solar, and keypad entry.

Property SizeContact for details
Days on Market241

Property Features for 10821 Hartsook St

General Information

Standard status Active
Property subtype MULTI_FAMILY
Occupancy 100%

Financials

Cap Rate 5.96%
Business Included Yes

Additional Details

Multifamily Units 12

Building Details

Year Built 2024
Stories 2
Listing Agency: Trimax Realty, Inc.
Listed By: Fred Nabati
Source: Milsteinestates
Added: Dec 8, 2025 Changed: Jul 10 Last Checked: Aug 6 at 3:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trimax Realty, Inc.

Investment Insights

Based on property information with market context.

New 2024/2025 construction multifamily property comprising two buildings totaling 12 residential units. The mix includes eight townhouse units with 4 bedrooms and 4.5 bathrooms each, plus four ADUs with 3 bedrooms and 3 bathrooms each. The property is designed for low-maintenance ownership and consistent resident functionality, with luxury vinyl tile flooring throughout, gourmet kitchens featuring quartz countertops and designer tile backsplashes, and modern bathrooms with premium tiling and custom mirrors. High-efficiency appliances are included, and each unit is equipped with keypad entry. Utilities are individually metered, and the property includes owned solar panels intended to help manage operating costs. Exterior grounds are finished with low-maintenance desert landscaping.

Set in the North Hollywood Arts District, the location is described as convenient to everyday destinations and transit. Residents have access to restaurants, coffee shops, and bars, as well as dog parks and green spaces. The area also offers nearby metro stations and public transit, along with proximity to Burbank Airport and NOHO West shopping and entertainment.

This configuration is well-suited for an investor seeking a turnkey, newly built rental asset with a built-in unit mix of larger townhouses and smaller ADUs. The eight townhouse units are fully rented, and the property’s individually metered utilities and owned solar provide additional operational structure for a hands-on or long-term hold strategy. A full financial portfolio is available upon request, and the offering materials reference a 5.96% cap rate.

Key Highlights

  • Brand new 2024/2025 construction with 12 total units in two buildings at 10821–10829 Hartsook St.
  • 8 townhouse‑style units (4 beds, 4.5 baths each) plus 4 ADUs (3 beds, 3 baths each).
  • All 8 townhouse units are fully rented at market rates.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Supermarket Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,573
Businesses Nearby

Demographics for 91601, CA

39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Turnkey 12-unit, two-building complex with individually metered utilities, owned solar, and keypad entry.
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 2024/2025 construction with 12 total units in two buildings at 10821–10829 Hartsook St.; 8 townhouse‑style units (4 beds, 4.5 baths each) plus 4 ADUs (3 beds, 3 baths each).; All 8 townhouse units are fully rented at market rates.
More about this property
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