10943 Hesby St, North Hollywood, CA 91601
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10943 Hesby St North Hollywood, CA 91601

$1,075,000 Sold Price as of 09/10/2019
  • 5 Beds
  • 5 Baths
  • 1,840 Sq.Ft.
Sold
$1,075,000 Sold Price as of 09/10/2019 Refinance Your Mortgage

Map preview of 10943 Hesby St, North Hollywood, CA 91601

Property Overview: 10943 Hesby St North Hollywood, CA has 5 bedrooms, 5 bathrooms, 1,840 living square feet and 5,803 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Absolutely charming Spanish QUADPLEX, centrally located in the rapidly-growing area of NoHo Arts District, Toluca Lake adjacent! This incredible property is a fantastic opportunity for investors who can purchase NOW with a Cap Rate of 4.7% and a PROFORMA Cap Rate of 6%. You won’t want to pass this up!! Also, perfect for the owner-occupied buyer that can live in the 2 bedroom 2 bath unit and collect rents for the other 3 units to help pay for the mortgage! On the grounds, is a beautiful custom-built space, currently being used as a MUSIC STUDIO or turn it into your own private HOME OFFICE. The owner’s 2 bedroom 2 bath unit has an open-concept floorplan that boasts beautiful hardwood floors, a gorgeous kitchen with granite countertops and custom Italian floor tiles. Two bathrooms and 2 bedrooms each with ample closet space round out this inviting home with a warm vintage vibe! The owner’s unit comes with 2 off-street parking spaces and an enclosed storage module. Three additional studio units all light and bright with a classic Spanish feel! Each unit has their own private yard/patio with west-facing front doors. Relax in the common area backyard with an extra-large covered patio where you can have outdoor seating for a party or a place to enjoy a morning cup of coffee. This is your chance to own a piece of SHANGRA LA! Nearby is Universal Studios, the Metro Line, 134, 170, and 101 Freeways. Close to TRENDY restaurants, cafes, and theatres. Walkability Score - 89 !

Listed by Patricia Fluhr | BRE #02002277 | Berkshire Hathaway Home Serv.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 101

Home details

Lot Sq. Ft
5,803
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PF19084980
City
North Hollywood
County
Los Angeles
Time on Site
1357 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,166
  • Total Rent: $1,166
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,030
  • Total Rent: $1,030
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,030
  • Total Rent: $1,030
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,912
  • Net Operating Income: $54,114
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,798
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $13,685
  • Trash: $0
  • Insurance: $1,086
  • Water/Sewer: $1,027

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Property Details for 10943 Hesby St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Off Street
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Owner
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 2419003019
  • Year Built Source: Other
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Vineland, South of Magnolia, North of Camarillo
Neighborhood Information
  • Community Features: Curbs, Urban
View more facts & features

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Sale History for 10943 Hesby St

Last sold for $1,075,000 on September 10th, 2019
  • September, 2019

  • Sep 11, 2019

    Date

    Sold

    CRMLS: PF19085177

    $1,075,000

    Price

  • Aug 3, 2019

    Date

    Active Under Contract

    CRMLS: PF19085177

    $1,150,000

    Price

  • Jun 4, 2019

    Date

    Active

    CRMLS: PF19085177

    $1,150,000

    Price

  • Jun 4, 2019

    Date

    Expired

    CRMLS: PF19085177

    $1,150,000

    Price

  • Apr 15, 2019

    Date

    Active

    CRMLS: PF19085177

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2019

  • Sep 11, 2019

    Date

    Sold

    CRMLS: PF19084980

    $1,075,000

    Price

  • Aug 3, 2019

    Date

    Active Under Contract

    CRMLS: PF19084980

    $1,150,000

    Price

  • Jun 4, 2019

    Date

    Active

    CRMLS: PF19084980

    $1,150,000

    Price

  • Jun 4, 2019

    Date

    Expired

    CRMLS: PF19084980

    $1,150,000

    Price

  • Apr 15, 2019

    Date

    Active

    CRMLS: PF19084980

    $1,150,000

    Price

  • September, 2019

  • Sep 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,075,000

    Price

  • December, 2018

  • Dec 28, 2018

    Date

    Canceled

    CRMLS: PF18255022

    $1,089,000

    Price

  • Dec 22, 2018

    Date

    Active

    CRMLS: PF18255022

    $1,089,000

    Price

  • Dec 21, 2018

    Date

    Hold

    CRMLS: PF18255022

    $1,089,000

    Price

  • Dec 3, 2018

    Date

    Price Change

    CRMLS: PF18255022

    $1,089,000

    Price

  • Oct 21, 2018

    Date

    Active

    CRMLS: PF18255022

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    Absolutely charming Spanish Quadplex! This property is perfect for the owner-occupied buyer that can live in the 2 bedroom 2 bath unit and collect rents for the other 3 units to help pay for the mortgage! The owner’s 2 bedroom 2 bath unit has an open concept floorplan that boasts beautiful hardwood floors, a gorgeous kitchen with granite countertops and custom Italian floor tiles. Two adorable bathrooms and 2 bedrooms each with ample closet space round out this inviting home with a warm vintage vibe! Three additional studio units all light and bright with a classic Spanish feel! Each unit has their own private yard/patio with west-facing front doors. Relax in the backyard with an extra large covered patio where you can have outdoor seating for a party or a place to enjoy a morning cup of coffee. Near the patio, is a beautiful custom built space currently being used as a music studio. This is your chance to own a piece of Shangri La! Investors can enjoy a projected cap rate of approximately 5.0% . This four-plex is centrally located in the “Oh So Awesome” NoHo Arts District! Nearby is Universal Studios, the Metro Line, 134, 170, and 101 Freeways. Close to trendy restaurants, cafes, shops, bars and theatres…you are near it ALL! Kindly, please do not disturb tenants.

  • December, 2018

  • Dec 28, 2018

    Date

    Canceled

    CRMLS: PF18275628

    $1,089,000

    Price

  • Dec 22, 2018

    Date

    Active

    CRMLS: PF18275628

    $1,089,000

    Price

  • Dec 21, 2018

    Date

    Hold

    CRMLS: PF18275628

    $1,089,000

    Price

  • Dec 3, 2018

    Date

    Active

    CRMLS: PF18275628

    $1,089,000

    Price

  • Listing provided courtesy of CRMLS

    Absolutely charming Spanish Quadplex! This property is perfect for the owner-occupied buyer that can live in the 2 bedroom 2 bath unit and collect rents for the other 3 units to help pay for the mortgage! The owner’s 2 bedroom 2 bath unit has an open concept floorplan that boasts beautiful hardwood floors, a gorgeous kitchen with granite countertops and custom Italian floor tiles. Two adorable bathrooms and 2 bedrooms each with ample closet space round out this inviting home with a warm vintage vibe! Three additional studio units all light and bright with a classic Spanish feel! Each unit has their own private yard/patio with west-facing front doors. Relax in the backyard with an extra large covered patio where you can have outdoor seating for a party or a place to enjoy a morning cup of coffee. Near the patio, is a beautiful custom built space currently being used as a music studio. This is your chance to own a piece of Shangri La! Investors can enjoy a projected cap rate of approximately 5.0% . This four-plex is centrally located in the “Oh So Awesome” NoHo Arts District! Nearby is Universal Studios, the Metro Line, 134, 170, and 101 Freeways. Close to trendy restaurants, cafes, shops, bars and theatres…you are near it ALL! Kindly, please do not disturb tenants.

  • May, 2002

  • May 23, 2002

    Date

    Sold (Public Records)

    Public Records

    $359,000

    Price

Show More

Tax History for 10943 Hesby St

Assessed Value (2020): $1,075,300
Year Land Value Improved Value Assessed Value
2020 $975,000 $100,300 $1,075,300

Home Value Compared to the Market

This property vs the competition

10943 Hesby St sold on September 10, 2019 for 35.29% higher than the current median sold price for the city of North Hollywood which is $850,000. The median sold price per/sqft for North Hollywood is $581 and this home is sold at $625 per/sqft which puts the price per square foot 7.57% higher than the current median sale per square foot for the city of North Hollywood.

About 10943 Hesby St

Detailed summary of property

10943 Hesby St is a multi family that recently sold in North Hollywood, CA 91601. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 1,840 living square feet, and sits on an approximately 5,803 square foot lot. 10943 Hesby St was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,075,000. Home in North Hollywood are selling for a median price of $850,000 and a median price per square foot of $581. Based on Ardent Real Estate Group's North Hollywood Market Data, this home is sold 35.29% higher than the current median priced home. Local homes that are currently for sale include 725 N Normandie Ave, 508 N Kingsley Dr and 4407 La Clede Ave. While the average home in North Hollywood, CA is selling in 86 days, 10943 Hesby St has a days on market of 101 days. There are currently 120 homes for sale in the North Hollywood real estate market and 90 of them are single family homes while 24 of them are condos and 6 are townhomes. For more information on this home for sale at 10943 Hesby St North Hollywood, CA 91601 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 10943 Hesby St

Public county record property details
Beds
2
Baths
5
Year built
1930
Sq. Ft.
1,694
Lot Size
5,802
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
68
APN
2419-003-019

The source for these homes facts are from public records.

91601 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,049,000
Median List Price/Sq.Ft.
$648
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$586
Total Inventory
33
Median Sale to List Price %
97.93%
Avg Days on Market
18
Loan Type
Conventional (61.11%), FHA (0%), VA (0%), Cash (16.67%), Other (5.56%)

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Related Resources to 10943 Hesby St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.