The median home value in North Hollywood, CA is $840,000.
the county median home value of $740,000.
The national median home value is $277,796.
The average price of homes sold in North Hollywood, CA is $840,000.
Approximately 45.33% of North Hollywood homes are owned,
compared to 47.42% rented, while
5.37% are vacant.
North Hollywood real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact North Hollywood real estate agent to arrange a tour today!
Learn more about North Hollywood.
North Hollywood, NoHo art district!!.PRICE REDUCED 1000,000.00 FROM ORIGINAL LISTING PRICE!! This opportunity provides an investor/developer with the ability to start construction immediately and take advantage of strong rent growth and positive market momentum in a dynamic North Hollywood, NoHo art district. Please review the attached plans for 31 CONDO residential & 1 CONDO commercial, approved recorded tract map, plus 76parking spaces with the following details:Shovel ready! Building permit, grading and shoring permits are all already paid by seller.25 units 2-Bedroom/2-Bathroom units with an average unit size of 1187quare feet and6 units 1-Bedroom /1-Bathroom units with a unit size of 600 square feet.1 unit condominium commercial unit with 710 sq footALL together almost 40,000.00 square foot gross area.
Big price reduction on this great investment opportunity. Build up to 4 units or possibly more on this massive 13,500 sq. ft. R 1 double lot in North Hollywood, just north of Burbank Blvd. Great neighborhood is experiencing massive gentrification and there are finished as well as upcoming developments on the same street! Also, with some cosmetic TLC the property can be a short-term monthly rental while investor is in between projects. Don't miss out on this opportunity to build and cash-in on a great high rent potential project!
RTI to build 6 units - Unique opportunity to acquire a shovel-ready vacant corner lot with all structures already demolished, RTI as of 9-11-22 to build 6 new units (3 duplexes), with a unit mix of one (1) four-bedroom, four (4) three-bedrooms, and one (1) two-bedroom unit. The four-bedroom unit is "townhouse style" at 1,824 sf, the three-bedroom units are 950 to 970 square feet (single-story), and the two-bedroom unit is 795 sf. The plans were submitted in 2021 thus avoiding any low-income unit requirements of the new SB8 law that went into effect on 1/01/22. Additionally, the property is located in an opportunity zone. This is an amazing opportunity for a builder who is ready to start their next project immediately, without having to deal with the time, headaches, and cost of the entitlement process with the city, while also avoiding the need to negotiate with any tenants to vacate, all while being able to build a fully market rate project whereas most other projects are now subject to some level of low-income requirement due to the new SB8 law.
We are pleased to exclusively present for sale an R3 DOUBLE LOT development opportunity located in the high rental demand neighborhood of North Hollywood! Address of both parcels is 7633-7639 Simpson Ave (APN's: 2317-007-037 & 2317-007-038). Located within a qualified OPPORTUNITY ZONE, this combined lot size of ~11,917 affords a developer the opportunity to build 14 units by right or up to 21 units using the state density bonus program. Further potential to add additional units through ADU permitting! (buyer to verify). Also an excellent opportunity for double-duplex/townhouse style units. 7639 Simpson is currently vacant land, with the next door lot on 7633 Simpson being a Single Family Residence (both lots EXEMPT from SB 8 Replacement Requirement!!!). The site is located on a quiet Cul-De-Sac street within close proximity to the 170 Freeway, Costco, and ~2 miles from the NOHO West Shopping Mall Complex & much more!! Low $P/SF, only ~$130/SF on the existing lot size. Lots of new development nearby. Do not miss this opportunity to build on a RARE R3 double lot, within an OPPORTUNITY ZONE, in a high rental demand area of Los Angeles! Contact listing agent for more details!
Unique opportunity to purchase a shovel ready property for development and begin construction immediately, saving on waiting time for permits. Plans are fully approved by LADBS and include 28 unit with a great mix of 12*2 bedroom units and 16*1 bedroom units. There are 2 adjacent lots included in the sale, each lot currently has a single family home with demo permits in place and no issues with SB8 or any other restrictions. New building will not be subject to RSO (buyer to verify). Property is located within a Qualified Opportunity Zone.
For sale is a shovel ready, entitled development for a four story 7 unit building. Bring your contractor, and start building. Additionally, the property is located in an opportunity zone where a savvy developer is possibly able to take advantage of tax benefits.
North Hollywood is a thriving neighborhood which boasts one of the city's densest populations. The exiting property consists of a single-family home situated on a 7,848-square foot lot zoned RD3-1 which can accommodate three (3) new town-home style units. Alternatively, the developer has the opportunity to keep the existing structure and add two (2) new units to the raw land in the rear of the parcel. This desirable location, which boasts an excellent walk score of 95 (a "Walker's Paradise"), has experienced a surge in nightlife, renowned restaurants and revitalization, thus creating a strong rental demand in the area. Furthermore, there are additional development projects that are adding to the exciting renovation and bustling energy of this neighborhood. This location has terrific access to Downtown North Hollywood, Burbank, and Hollywood, as well as the 101 and 170 Freeways. DO NOT DISTURB OCCUPANT
The property is located on the corner of Camellia Ave and Victory Blvd. There is currently a vacant single family residence, which was constructed in 1940, totaling 945 SF on the property. The property enjoys 114.9 feet of frontage on Victory Blvd, and frontage on Camellia Ave. The property is zoned [Q]R3-1 and is located in an Opportunity Zone. The property is entitled for a 30-unit, 13,700 SF, eldercare housing development. Plans call for 6 senior independent units, 18 assisted living care with guest room, and 6 Alzheimer care with guest room units. Plans also call for 3,310 SF of open spaces and 9 parking stalls. The building would be 4 stories with Type V-A construction. Demand among developers and operators for new senior living projects is higher in 2022 than in the prior year. Driving that increase in demand are favorable demographics, an expectation that construction prices will level off in 2023 and a shift in mindset from the Covid-19 pandemic to planning for the future. (Source: Senior Housing News) The subject property is located minutes away from NoHo Arts District, as well as minutes away from the Bob Hope / Burbank Airport. North Hollywood is on the rise, with 2 brand new mixed-used developments, NoHo West, and District NoHo. District NoHo will consist of approximately 1,500 multifamily units, 100,000 SF of retail space, and 500,000 SF of office space. The property has easy access to the 170 Freeway to the west, the 5 Freeway to the east, and the 101 and 134 Freeways to the south.
R3 lot in North Hollywood. Architect says OK to build 15 1+1 units. Buyer to verify. Existing house is vacant. Property sold "as is". No existing entitlements.
6729 Babcock Ave, North Hollywood, CA 91606 is a vacant land home with size of 6224 sqft and ready to be built two story home.
Attention Investors! LARD 1.5 Lot sq ft 5,532 owner occupied no issues clearing SB8
PRICE REDUCED! Calling all contractors, developers, and Opportunity Zone investors! We are pleased to present for sale a 9 unit RTI development opportunity in PRIME North Hollywood! Approved Plans call for a 4-story 9 unit apartment building with ON-GRADE PARKING and rooftop deck! Unit mix consists of five 2 Bedroom + four 1 Bedroom units, with 1 of the 9 units set aside for very low income, and a total of 10 parking spaces. Total Building Area is 7,510 sqft and the lot is fully FLAT. The site is situated in the heart of North Hollywood less than 1 mile from the new NOHO WEST complex (Trader Joes, Creamistry, Regal Cinemas, Nordstrom Rack & LA Fitness coming soon!) and less than 2 miles from the NOHO ARTS district!! (Magnolia & Lankershim) Take advantage of a "ready to go" project and avoid the lengthy and costly entitlement process!!! The site also lies within a qualified Opportunity Zone = potential for future tax savings! Seller has already paid new building permit fee of ~$75,000, saving a builder time and money. Current improvements include a duplex occupied by a single tenant paying $2,780/month. Do not miss this opportunity to build in the heart of North Hollywood close to all shopping, restaurants, transportation, and entertainment that NoHo has to offer its residents. Property to be sold with tenants in place. Contact listing agent for more details! Do not disturb current tenant.
6905 Ben Ave - 7,900 Square Foot Lot. RTI Plans for Five-Unit MFR. Each Unit 4 bed/3 bath. Approximately 1,920 Square Feet.Parking structure on first level, not subterranean. LARD 1.5 North Hollywood is one of the hotspots for apartment development in Los Angeles County. During the last 10 years, over 5,200 units have been delivered. Communities with 35-plus units have been built - or are in the process of being built – near the Metro Red Line Stop. During the past 12 months, over 1,110 units have been delivered, with a 642-unit apartment complex almost completed. The complex also includes retail and office space components. Currently, there are 1,100 submarket units under construction, or about 2.1% of the existing apartment rental inventory. A 127-unit project located at 5401 Lankersheim Blvd. in North Hollywood is set to be delivered in the coming months. Of note, one of the oldest and most prolific real estate developers in the country, is building a 1,500-unit apartment complex with over 100,000 square feet of retail space, almost 600,000 square feet of office space, and over 3,000 parking spaces.