Property Details
About this Property
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 vacanc
MLS Listing Information
MLS #
CRSR26004651
MLS Source
California Regional MLS
Days on Site
1
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
10945 Hesby Str is a Residential Income in North Hollywood, CA 91601. This – square foot property sits on a 5,805 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $899,950 and was built in 1939. This address can also be written as 10945 Hesby Str, North Hollywood, CA 91601.
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This listing information is up-to-date as of January 09, 2026. For the most current information, please contact Jill Fischer-Politz, (818) 231-9207
