10857 Morrison Street, North Hollywood, California 91601, North Hollywood, 91601 - bed, bath

10857 Morrison Street, North Hollywood, California 91601 home-pic-0
ACTIVE$3,750,000
10857 Morrison Street, North Hollywood, California 91601
0Bed
0Bath
7,200Sqft
7,070Lot
Year Built
2024
Close
-
List price
$3.75M
Original List price
$4M
Price/Sqft
$521
HOA
-
Days on market
-
Sold On
-
MLS number
DW25192097
Home ConditionExcellent
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $3.75M(86th), sqft - 7200(86th), beds - undefined(14th), baths - undefined(14th).

Welcome to 10857 Morrison St; a newly constructed, luxury 4-unit community in the heart of North Hollywood. Each spacious residence offers approximately 1,800 sq ft of thoughtfully designed living space, featuring 4 bedrooms and 3 bathrooms, perfectly suited for today’s renters seeking style, comfort, and convenience. The modern architecture showcases sleek lines, private entryways, gated parking, and private balconies. Inside, residents enjoy open-concept layouts with wide plank flooring, recessed lighting, and abundant natural light. Gourmet kitchens are equipped with stainless steel appliances, quartz countertops, and custom cabinetry, while spa-inspired bathrooms feature designer tile and glass-enclosed showers. Each unit includes a private rooftop deck, ideal for entertaining or relaxing while taking in stunning mountain and city views. The property’s location offers unbeatable convenience; nestled in a desirable pocket of North Hollywood near the NoHo Arts District, shopping, dining, and major freeways for seamless commuting across Los Angeles. This is a rare opportunity to own a turnkey 4-unit new construction investment property with strong rental demand, and no deferred maintenance. Perfect for investors or owner-users looking for luxury, cash flow, and long-term appreciation in one of LA’s fastest-growing neighborhoods.

Price History

Date
Event
Price
10/26/25
Price Change
$3,750,000-6.2%
08/28/25
Listing
$3,999,999
Condition Rating
Excellent

This property is a newly constructed luxury 4-unit community, built in 2024. The description explicitly states 'newly constructed' and 'no deferred maintenance.' The images confirm a pristine condition with modern finishes throughout, including wide plank flooring, recessed lighting, gourmet kitchens with stainless steel appliances, quartz countertops, and custom cabinetry, as well as spa-inspired bathrooms with designer tile and glass-enclosed showers. All components are new, meeting current quality standards with no physical depreciation.
Pros & Cons

Pros

New Construction & Turnkey: Built in 2024, this luxury 4-unit community offers brand-new construction with no deferred maintenance, presenting a turnkey investment opportunity for immediate cash flow and long-term appreciation.
Strategic Location: Nestled in a desirable North Hollywood pocket, the property boasts unbeatable convenience near the NoHo Arts District, shopping, dining, and major freeways, ensuring strong rental demand and seamless commuting.
Premium Finishes & Modern Design: Each unit features sleek modern architecture, open-concept layouts, wide plank flooring, recessed lighting, gourmet kitchens with stainless steel appliances and quartz countertops, and spa-inspired bathrooms.
Private Outdoor Spaces & Views: Residents benefit from private rooftop decks offering stunning mountain and city views, along with private balconies, significantly enhancing lifestyle and property appeal.
Spacious & Functional Units: Each of the four residences provides approximately 1,800 sq ft of thoughtfully designed living space with 4 bedrooms and 3 bathrooms, perfectly suited for today’s renters seeking comfort and style.

Cons

High Investment Threshold: The $3.75 million list price represents a substantial capital outlay, potentially limiting the pool of prospective buyers to high-net-worth investors or specific owner-users.
Recent Price Adjustment: A recent price reduction from the original listing price may suggest initial overvaluation or a need to stimulate buyer interest in the current market conditions.
Niche Market Appeal: As a 4-unit community, the property caters to a specific investor or owner-user demographic, which might result in a narrower buyer pool and potentially a longer marketing period compared to single-family homes.

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