12-Unit Apartment
For Sale
$6,999,999
10821 Hartsook St, North Hollywood, CA 91601
Residential Income, Farm House, North Hollywood, CA
Property Size18,432 SF
Lot Size0.16 Acres
Price / SF$379.77
Days on Market49
Property Features for 10821 Hartsook St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD1.5
Bedrooms
44
Bathrooms
48
Full bathrooms
22
Rooms
Bedroom 5, Bedroom 12, Bathroom 30, Bedroom 6, Bedroom 4, Bedroom 11, Bathroom 11, Bathroom 9, Bedroom 38, Bathroom 8, Bedroom 35, Bedroom 25, Bathroom 4, Bedroom 33, Bedroom 29, Bathroom 18, Bathroom 14, Bedroom 2, Bedroom 20, Bedroom 19, Bathroom 10, Bathroom 47, Bathroom 39, Bedroom 24, Bedroom 44, Bathroom 46, Bathroom 22, Bathroom 33, Bathroom 19, Bathroom 45, Bathroom 44, Bathroom 43, Bathroom 35, Bedroom 39, Bathroom 37, Bedroom 21, Bathroom 6, Bedroom 3, Bedroom 18, Bathroom 25, Bathroom 38, Den, Bedroom 16, Bathroom 20, Bedroom 31, Bedroom 7, Bedroom 28, Bedroom 32, Bedroom 23, Bathroom 23, Bedroom 37, Bathroom 29, Bathroom 7, Bedroom 9, Bedroom 43, Bedroom 30, Bedroom 41, Bedroom 13, Bathroom 21, Bathroom 12, Bedroom 34, Bathroom 42, Bathroom 17, Bedroom 40, Bathroom 48, Bedroom 8, Bedroom 22, Bathroom 15, Bathroom 41, Bedroom 15, Bathroom 27, Bathroom 36, Bedroom 10, Bedroom 27, Bathroom 3, Bathroom 31, Bathroom 26, Bedroom 14, Bathroom 40, Bedroom 17, Bathroom 34, Bedroom 42, Bedroom 26, Bathroom 1, Bathroom 13, Bedroom 36, Bedroom 1, Bathroom 32, Bathroom 2, Bathroom 16, Bathroom 24, Bathroom 28, Bathroom 5
Parking
14
Parking features
Driveway
Window features
Double Pane Windows
Appliances
Built-Ins, Oven, Microwave, Range
Lot features
2-4 Lots
Directions
East of Vineland, South of Magnolia, North of Camellia, West of Cahuenga
Subdivision
North Hollywood
Standard status
Active
APN
2419-008-027
Size
18,432 SF
Lot size
0.16 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
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
Buildings
2
Listing Agency:
Trimax Realty, Inc.
(310) 954-0808
Listed By:
Fred Nabati · License #01276914
(424) 704-3373
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 29 at 11:06AM
MLS# 26987207
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.
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Investment Insights
Based on property information with market context.
The 12-unit property comprises two buildings with 18,432 square feet on a 0.1554-acre site. Its unit mix includes eight four-bedroom, 4.5-bath townhouse units and four three-bedroom, three-bath ADUs. The eight townhouse units are rented at market rates. Built in 2024, the property has owned solar panels, central heating and air conditioning, and driveway parking. Unit finishes include LVT flooring, quartz kitchen countertops, tiled backsplashes, and modern bathrooms. Appliances include built-ins, ovens, microwaves, and ranges; utilities are individually metered.
At 10821 Hartsook St. in North Hollywood, the property is zoned LARD1.5. Restaurants, coffee shops, bars, dog parks, green spaces, Metro stations, public transit, Burbank Airport, and NOHO West shopping and entertainment are identified among nearby destinations. The reported cap rate is 7.29%.
At 10821 Hartsook St. in North Hollywood, the property is zoned LARD1.5. Restaurants, coffee shops, bars, dog parks, green spaces, Metro stations, public transit, Burbank Airport, and NOHO West shopping and entertainment are identified among nearby destinations. The reported cap rate is 7.29%.
Key Highlights
- 12 units across two buildings
- 18,432 square feet on a 0.1554‑acre site
- Eight 4‑bedroom, 4.5‑bath townhouse units and four 3‑bedroom, 3‑bath ADUs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$296,586
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,931,720
$5.9M
Cap Rate 7%
$4,236,943
$4.2M
Cap Rate 9%
$3,295,400
$3.3M
Market Conditions
NOI Build-Up for 18,432 SF
Gross rent
$586.1K $31.80/SF
− Vacancy
−$46.9K −$2.54/SF
EGI
$539.2K $29.26/SF
− OpEx
−$242.7K −$13.17/SF
NOI
$296.6K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,931,720
Cap Rate 7%
$4,236,943
Cap Rate 9%
$3,295,400
Alternative Uses
Best Use
Apartment 5plus
$4.24M
$3.71M – $4.94M
NOI $296,586 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.87M
$8.63M – $11.51M
NOI $690,789 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
12
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,232
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The two-building property combines townhouse residences with accessory dwelling units and individually metered utilities.
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 $6,999,999.
What are key features of this property?
This property features: 12 units across two buildings; 18,432 square feet on a 0.1554‑acre site; Eight 4‑bedroom, 4.5‑bath townhouse units and four 3‑bedroom, 3‑bath ADUs
