The offering is a Brand New 2024 Townhome Style Apartment Building situated in the heart of North Hollywood Arts District adjacent to Toluca Lake. Built with a Senate Bill 8 Exemption this property is NOT subject to Radical Los Angeles Rent Control. The property consists of 5 Units + 1 Efficiency Unit for a total of 10,242 SF on a large 8,394 Lot. There is an excellent unit mix consisting of Four 4 Bedroom / 4 Bedroom units with Private Rooftop Decks and Private Garages, One 2 Bedroom / 2 Bathroom ADU with a private back yard and One 2 Bedroom / 1 Bathroom Efficiency Unit. All units contain in Unit Washer & Dryer, Hardwood Floors, Stainless Steel Appliances and Recess Lighting. Listed at only $4,395,000 this Turnkey Offering provides a Savvy Investor an immediate 5.92% CAP RATE in a prime Location! Built with Class and Elegance by one of the top Townhome Developers in Los Angeles with high end Finishes. Situated South of Magnolia Blvd and East of Vineland, the Offering is Located in a Quiet Residential Neighborhood adjacent the live Action of North Hollywood Arts District, and the Prestige of Toluca Lake.
Sold for $4,395,000
$4,395,000
10847 Morrison St, North Hollywood, CA 91601
20beds
19baths
10,242sqft
Multi Family
Built in 2024
-- sqft lot
$4,349,500 Zestimate®
$429/sqft
$3,568 Estimated rent
Home value
$4,349,500
$3.91M - $4.83M
$3,568/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael Monempour DRE # 01996829 310-270-8423,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838,
Jason Matatiaho DRE # 02188021 310-936-4067,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Jonathan Swire, DRE # 01336277
The Agency
Source: CLAW,MLS#: 25-476963
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 19
Heating
- Central
Cooling
- Air Conditioning, Central Air
Appliances
- Included: Oven, Microwave, Dishwasher, Dryer, Washer, Disposal, Range/Oven, Refrigerator, Freezer
- Laundry: In Unit
Interior area
- Total structure area: 10,242
- Total interior livable area: 10,242 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage Is Attached
- Attached garage spaces: 8
- Uncovered spaces: 2
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 8,394 sqft
- Dimensions: 60 x 140
Details
- Additional structures: None
- Parcel number: 2419005027
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2024
Community & neighborhood
Location
- Region: North Hollywood
HOA & financial
Other financial information
- Total actual rent: 355200
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Listing removed | $5,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/11/2025 | Price change | $5,500-8.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2025 | Listed for rent | $6,000+33.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/18/2025 | Sold | $4,395,000$429/sqft |
Source:  CLAW #25-476963 Report a problem | ||
| 1/9/2025 | Pending sale | $4,395,000$429/sqft |
Source: CLAW #25-476963 Report a problem | ||
| 1/6/2025 | Listed for sale | $4,395,000-4.5%$429/sqft |
Source: CLAW #25-476963 Report a problem | ||
| 11/20/2024 | Listing removed | $4,600,000$449/sqft |
Source: CLAW #24-439427 Report a problem | ||
| 11/20/2024 | Price change | $4,600,000-4.1%$449/sqft |
Source: CLAW #24-439427 Report a problem | ||
| 10/7/2024 | Price change | $4,795,000-4%$468/sqft |
Source: CLAW #24-439427 Report a problem | ||
| 9/13/2024 | Listed for sale | $4,995,000+284.2%$488/sqft |
Source: CLAW #24-439427 Report a problem | ||
| 4/14/2022 | Sold | $1,300,000+13.8%$127/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/29/2019 | Listing removed | $4,500 |
Source: Owner Report a problem | ||
| 11/20/2019 | Listed for rent | $4,500 |
Source: Owner Report a problem | ||
| 10/31/2019 | Sold | $1,142,500+59.8%$112/sqft |
Source: Public Record Report a problem | ||
| 7/31/2007 | Sold | $715,000+138.4%$70/sqft |
Source: Public Record Report a problem | ||
| 7/30/1999 | Sold | $299,900$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,661 +1.3% | $1,379,038 +2% |
| 2024 | $16,448 +1.5% | $1,352,520 +2% |
| 2023 | $16,210 +4.8% | $1,326,000 +12.6% |
| 2022 | $15,464 +11.6% | $1,177,422 +2% |
| 2021 | $13,853 -1% | $1,154,336 +1% |
| 2020 | $13,995 | $1,142,500 +35.7% |
| 2019 | $13,995 +40% | $841,900 +2% |
| 2018 | $9,993 | $825,393 +2% |
| 2017 | $9,993 +2.3% | $809,210 +2% |
| 2016 | $9,772 +2.4% | $793,344 +1.5% |
| 2015 | $9,547 +1.1% | $781,428 +2% |
| 2014 | $9,439 | $766,122 +52.9% |
| 2012 | -- | $501,000 -3.3% |
| 2011 | -- | $518,100 +9.5% |
| 2010 | -- | $473,000 -24.8% |
| 2009 | -- | $629,100 -12% |
| 2008 | -- | $715,000 +107.8% |
| 2007 | -- | $344,035 +2% |
| 2006 | -- | $337,291 |
| 2005 | -- | $337,291 +4% |
| 2004 | -- | $324,195 +1.9% |
| 2003 | -- | $318,254 +2% |
| 2002 | -- | $312,015 +4% |
| 2000 | -- | $299,900 |
Find assessor info on the county website
Neighborhood: North Hollywood
Nearby schools
GreatSchools rating
- 8/10Toluca Lake Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Walter Reed Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10East Valley Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$4,349,500
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Estimated market value
$4,349,500
- California
- Los Angeles County
- Los Angeles
- 91601
- North Hollywood
- 10847 Morrison St
Nearby cities
Nearby neighborhoods
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