10742 Hortense St new Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91602
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,596 sqft
Price per Sqft $557
MLS Listing ID 25531515
Style Contemporary
Bedrooms 18
Construction Status Updated/Remodeled
Year Built 2025
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Multi-Family
Property Description
Introducing "The Hortense VI," a newly completed, best-in-class 2025 townhome-style apartment complex located within the prestigious Toluca Lake enclaveone of Los Angeles' most exclusive and supply-constrained submarkets. SB-8 exempt and free from LA rent control, this rare offering features six expansive 3-bedroom, 3-bathroom luxury residences, each appointed with high-end finishes, in-unit laundry, private two-car garages, and rooftop decks in select units. The property spans approximately 8,600 SF of net rentable area and 11,000 SF of gross building area (including ~2,400 SF of private garages) on a premium 9,408 SF lot. With four of six units leased at market rates and lease applications under review for the final two, the asset is poised to achieve $28,800/month in stabilized rental income. For owner-users, an opportunity exists to occupy one unit while generating approximately $24,000/month in supplemental revenue. Constructed by Thornton Development Group, the project is surrounded by $1M+ home sales and small-lot subdivisions, with nearby apartment comps closing above $800,000/unitunderscoring the exceptional basis. Located steps from Riverside Drive, Trader Joe's, the NoHo Arts District, and major studio employers, The Hortense VI represents a rare opportunity to secure a stabilized, high-yield asset in a true blue-chip neighborhood. Contact the listing agent today to arrange a private tour and request the full Offering Memorandum.
Location
State CA
County Los Angeles
Area North Hollywood
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Equipment Dryer, Dishwasher, Freezer, Microwave, Range/Oven, Refrigerator, Washer
Exterior
Parking Features Garage - 2 Car, Tandem, On street, Gated
View Y/N Yes
View Mountains, City, City Lights
Building
Story 3
Architectural Style Contemporary
Level or Stories Multi/Split
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard