North Hollywood CA Real Estate &

52 Properties Found

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Beds:
18
Baths:
17.00
Sq.Ft.:
7,947
Status:
Active
MLS#:
24463773
Type:
Cluster
Lot size:
0.14 Acres
Year built:
2024
Listed by Power Brokers Michael Fitzgerald
View additional info

ADDITIONAL INFORMATION

5709 Auckland Ave! Presenting an exceptional investment opportunity in North Hollywood, immediately adjacent to the City of Burbank! This expansive property boasts an impressive 5.66% pro-forma cap rate, offering investors solid returns in a sought-after location. Offering 5 generously sized units for a total of 18 bedrooms and 17 bathrooms throughout. All 5 units feature large bedrooms and living spaces, open floor plans, and massive windows that flood the space with natural light. Every unit is equipped with custom-designed kitchens, offering a luxurious and modern living experience. The photos speak for themselves! The property includes 8 dedicated parking spaces, all carports, ensuring convenient parking for tenants, an essential feature in the bustling North Hollywood area. Location is a major highlight: just minutes away from the NoHo Arts District, offering tenants easy access to a vibrant neighborhood full of theaters, art galleries, trendy restaurants, and cafes. The property is adjacent to the City of Burbank, giving close access to all Burbank as to offer. It's also near major studios like Universal and Warner Bros., making it attractive to entertainment industry professionals. Additionally, the property is conveniently located close to the Metro Red Line, providing easy access to Downtown LA and surrounding areas. With its spacious units, modern amenities, and prime location, this property is positioned for long-term growth and steady rental demand in one of LA's hottest markets. Don't miss out on this rare opportunity to invest in a high-performing asset in the heart of North Hollywood!

Beds:
6
Baths:
6.00
Sq.Ft.:
2,939
Status:
Active
MLS#:
24464229
Type:
Cluster
Lot size:
0.16 Acres
Year built:
1949
Listed by PascommGroup Anthony Karakachian
View additional info

ADDITIONAL INFORMATION

Two separate custom homes on a beautiful tree-lined street near the famous NoHo Arts District. There is nothing like it in the neighborhood today. The main house has 3 generous bedrooms, 3.5 baths, and approximately 1739 sqft. The rear home has 3 bedrooms, 2 full baths, and approximately 1200 sqft. The main house was practically stripped to the studs and completely redone. The rear home, an ADU, was built in 2024 and has a separate address. Both homes have 10-foot ceilings, spacious interiors, natural lighting, quality materials, and appliances for a premium touch. The spacious master bedroom has a walk-in closet and a large master bathroom with custom finishes. The low-maintenance exterior grounds have a newly paved driveway and a customized automatic gate. Whether you want to live in one unit and rent the other or capitalize on a full rental opportunity, the choice is yours.

Beds:
n/a
Baths:
Sq.Ft.:
6,730
Status:
Active
MLS#:
CV24233191
Type:
Apartment
Lot size:
0.18 Acres
Year built:
2024
Listed by OPTION ONE REALTY & INVESTMENT Jaime Ruiz
View additional info

ADDITIONAL INFORMATION

Brand new 6-unit property, perfectly designed for modern living and premium rental appeal. This unique offering includes three duplex-style, three-story buildings, providing an ideal mix of unit sizes to attract a diverse tenant base. Unit Breakdown: 1 Unit: 4 bedrooms, 4 bathrooms, 1 Unit: 2 bedrooms, 2 bathrooms, 4 Units: 3 bedrooms, 2 bathrooms Each unit boasts contemporary design, ensuring a luxurious living experience for tenants and a lucrative investment for owners. Modern Layouts: Open-concept floor plans with spacious living areas, designed for comfort and functionality. Large windows that maximize natural light. Durable Flooring, waterproof vinyl flooring that combines aesthetics with practicality. Closet space in every bedroom. Each unit includes in-unit laundry facilities and central air conditioning. Additional Benefits: Ample parking spaces behind a gated entrance, ensuring convenience and security. Low Maintenance: Brand new construction with minimal upkeep required. Separate Meters: Individual meters for gas, water, and electric, providing ease of management. Situated in the vibrant North Hollywood area, close to trendy shops, restaurants, and entertainment options. High demand for rental properties in this prime location ensures strong and steady rental income. Don’t miss out on this exceptional investment opportunity. With its mix of unit sizes and high-end features, this property is perfectly positioned to attract a variety of tenants and provide substantial returns. Schedule a viewing today and see the potential for yourself!

Beds:
n/a
Baths:
Sq.Ft.:
11,974
Status:
Active
MLS#:
SR24232595
Type:
Single Family
Lot size:
0.13 Acres
Year built:
1938
Listed by Equity Union Sarit Cohen
View additional info

ADDITIONAL INFORMATION

Prime location Investment Opportunity in the Heart of NoHo – RTI Plans for 25 Units! Attention investors and developers: an exceptional opportunity awaits to acquire an 11,974 sq ft R4-1VL lot in the coveted NoHo Arts District. This prime location offers unparalleled convenience, situated just steps from the Metro station, renowned dining, vibrant bars, and premier entertainment options that define North Hollywood’s dynamic lifestyle. This property will be delivered with RTI plans, fully approved for the construction of a 25-unit development—offering a streamlined path for development in a high-demand area. Complete project documentation will be available to serious buyers with qualifying offers. Additionally, the property can be delivered vacant, ensuring immediate access for development. Don’t miss the chance to capitalize on this rare offering in one of Los Angeles’s most sought-after neighborhoods. All projected figures, including potential income and expenses, are estimates based on future possibilities and are subject to change. These numbers are not guaranteed and should be independently verified. Buyer to conduct their own due diligence to confirm all information provided.

Beds:
n/a
Baths:
Sq.Ft.:
3,110
Status:
Active
MLS#:
SR24225107
Type:
Duplex
Lot size:
0.15 Acres
Year built:
1944
Listed by JohnHart Real Estate Arno Bagumyan
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ADDITIONAL INFORMATION

An incredible investment opportunity awaits in North Hollywood with this spacious duplex! Each unit offers 3 bedrooms, 2.5 bathrooms, recessed lighting, and ample storage space. The bright, open living rooms flow seamlessly into dining areas, creating an inviting layout. Both kitchens feature a modern gallery-style design with grey granite countertops and white cabinetry. The bedrooms are spacious with ample closet storage, ensuring comfort for future tenants. Outside, the property includes a convenient carport with four parking spaces. This property is ideal for those looking to invest in a well-maintained and centrally located multi-family home.

Beds:
5
Baths:
6.00
Sq.Ft.:
3,152
Status:
Active
MLS#:
24458725
Type:
Cluster
Lot size:
0.13 Acres
Year built:
1948
Listed by Next Brokerage Yadira Carmen Rojas
View additional info

ADDITIONAL INFORMATION

Here is your chance LIVE IN ONE RENT THE OTHERS Come check out this Triplex with a Permitted Brand New 367 sqft ADU, with Quartz Countertop, Stainless Steel Appliances, and a Split AC Unit. The property has copper plumbing and a 2-year-old Brand New Roof. The duplex is a 1 bed, 1 bath each, and the Home consists of 3/3 full baths with a beautiful Kitchen, Granite Countertops, and Wood Cabinetry with lots of parking. Close to Freeways, Shopping, Schools, and Burbank Easy to show with 24-hour Notice, Please call to schedule a showing.

Beds:
n/a
Baths:
Sq.Ft.:
2,660
Status:
Active
MLS#:
SR24219820
Type:
Triplex
Lot size:
0.14 Acres
Year built:
1951
Listed by PWR Properties Norair Aprahamian
View additional info

ADDITIONAL INFORMATION

3 Units in North Hollywood with upside potential through construction of an ADU (buyer to verify). Unit mix consists of (3) 2+1 bath units. The building is a total of 2,660 square feet and situated on a 6,001 square foot lot. Easy access to the 101, 170, and 134 freeways. The building is separately metered for gas and electricity.

Beds:
n/a
Baths:
Sq.Ft.:
6,716
Status:
Active
MLS#:
SR24219067
Type:
Apartment
Lot size:
0.86 Acres
Year built:
1947
Listed by Keller Williams Realty-Studio City James Antonucci
View additional info

ADDITIONAL INFORMATION

11966 Saticoy Street, a Prime North Hollywood Investment Opportunity!   This multi-unit property offers an excellent mix of Bungalow Style Units with 4 Bedroom and two bath house divided into Two Bedroom and One Bath Units (One Non-Conforming), a Three Bedroom and One Bathhouse, and 5 One Bedroom and One Bath Houses. There's ADU potential for added value with a spacious lot of approximately 37,453 sq. ft.. The property includes on-site parking with storage and on-site laundry, and each unit is individually metered for gas and electricity—maximizing cash flow and rental upside.   Located in a sought-after neighborhood, it's within walking distance to public transit and shopping, with easy access to CA-170 and I-5 freeways. Plus, you're just minutes from Burbank Airport, making this location incredibly convenient for tenants.   An ideal investment for those looking to capitalize on rental growth and development opportunities.

Beds:
n/a
Baths:
Sq.Ft.:
4,031
Status:
Active
MLS#:
SR24217608
Type:
Apartment
Lot size:
0.18 Acres
Year built:
1951
Listed by Keller Williams Coastal Properties Shira Dunn
View additional info

ADDITIONAL INFORMATION

Whether you choose to build the ADUs and sell for a profit or retain the property for long-term income, the potential is substantial. With 6 units occupied and 1 vacant, a path to achieving a 5.6% gross rate, this investment offers immediate returns and significant upside. Presenting a rare opportunity to acquire a well-maintained 7-unit, 2 story residential building in the heart of North Hollywood. This 4,081 sq. ft. property is situated on a 7,882 sq. ft. lot, with each unit featuring a 1-bedroom, 1-bathroom layout. The uniform floor plans offer operational efficiency and broad appeal to a diverse tenant base, ensuring ease of management. Zoned LARD1.5, this property provides exciting development potential, making it an ideal blend of immediate cash flow and long-term growth prospects. Units are leased with dependable tenants, providing steady cash flow and peace of mind. Plans have been submitted to add two Additional Dwelling Units (ADUs) at the rear, presenting a compelling value-add opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
2,415
Status:
Active
MLS#:
SR24198978
Type:
Fourplex
Lot size:
0.14 Acres
Year built:
1949
Listed by RE/MAX Gateway John Labick
View additional info

ADDITIONAL INFORMATION

This stunning 4-plex is situated in a prime location where neighboring properties have been beautifully renovated to add second stories, significantly boosting their value. With the area undergoing exciting development projects, this property presents a unique chance to capitalize on the upward trend of the neighborhood. Each unit offers comfortable living spaces and ample natural light, making it ideal for attracting tenants. Enjoy the convenience of being close to vibrant shopping and dining options, all while benefiting from the ongoing revitalization in the community. Don’t miss out on this exceptional opportunity to invest in a property with incredible potential for appreciation. Act fast—this gem won't last long!

Beds:
n/a
Baths:
Sq.Ft.:
6,882
Status:
Active
MLS#:
SR24210716
Type:
Apartment
Lot size:
0.21 Acres
Year built:
1963
Listed by JohnHart Real Estate Haik Bokhchalian
View additional info

ADDITIONAL INFORMATION

Exceptional Investment Opportunity – Spacious units with 14 Bedrooms and 11 Bathrooms This incredible apartment offers an unmatched investment opportunity with 11 parking spaces and a versatile layout featuring 14 bedrooms and 11 bathrooms spread across 6,882 SqFt. The property is divided into six 1-bedroom, 1-bath units, three 2-bedroom, 1-bath units, and one 2-bedroom, 2-bath unit, providing a variety of options for potential tenants. Situated in a high-visibility area and enclosed by a secure gate, the property offers both privacy and convenience. Whether you’re looking for a high-yield rental investment or a multi-family living solution, this apartment presents immense potential for growth and income in a prime location. A unique chance not to be overlooked!

Beds:
n/a
Baths:
Sq.Ft.:
7,030
Status:
Active
MLS#:
GD24201100
Type:
Apartment
Lot size:
0.28 Acres
Year built:
1977
Listed by Keller Williams R. E. Services Tamar Hacikian
View additional info

ADDITIONAL INFORMATION

Strategically located on Victory Blvd, this 11-unit 7,030 square foot apartment building located in the heart of North Hollywood sits on an 11,988 square foot R3-zoned lot. This property features a secure gated entrance, a welcoming courtyard for residents, community laundry facilities, and ample parking. With rents currently below market value, there's great potential for rental income growth. Provides easy access to 101, 170 and 5 freeways, shopping, dining, and public transit such as the Redline. Nearby Burbank Airport, University City, NOHO Arts District and North Hollywood Park. Excellent investment opportunity with strong potential for income growth!

Beds:
n/a
Baths:
Sq.Ft.:
2,618
Status:
Active
MLS#:
SR24202999
Type:
Triplex
Lot size:
0.16 Acres
Year built:
1930
Listed by Ridge Realty Gabriel Ostrow
View additional info

ADDITIONAL INFORMATION

R3 ZONED NOHO TRIPLEX on a prime, flat corner lot in the highly desirable NoHo Arts District with Plans for an additional 750 SF ADU which can be easily rented out for an additional yearly income of approximately $50k! This property consists of three classic California bungalows: a duplex with two 2-bedroom, 1-bath units facing Peach Grove St., and a freestanding 2-bedroom, 2-bath unit facing Klump St. The bungalows are connected by a newly paved, enclosed common area, along with a garage that can accommodate a small vehicle or serve as additional storage. The well-maintained grounds offer great potential for long-term investment. Ideally located near West Toluca Lake & a short drive from Hollywood, with easy access to restaurants, shopping, spas, gyms, art galleries, and more!

Beds:
n/a
Baths:
Sq.Ft.:
1,562
Status:
Active
MLS#:
SR24190939
Type:
Single Family
Lot size:
0.14 Acres
Year built:
1951
Listed by Keller Williams Realty-Studio City Jason Villard
View additional info

ADDITIONAL INFORMATION

Charming NoHo freshly renovated Main House with back unit. Zoned R1, but back unit is legal, and permitted as guest/bonus space, and has been rented out for 30+years and is registered with LAHD. Main/Front house with newly rehabbed vintage main bath with new shower and half bath with new tile, sink, and lighting. Remodeled Kitchen with quartz countertops, new backsplash, new tile floors, new stove and dishwasher. Additionally: painted inside and out, all new lighting, hardwood floors 90% replaced and refinished. Assessor shows a 3rd bedroom, but is currently set-up as a Den/Office. Walking distance to NoHo Arts District, MetroRail, and Chandler walking/bike path! Freeway and Studios all in very close proximity. Front house is great for those who want to live in and offset the mortgage with the back unit.

Beds:
n/a
Baths:
Sq.Ft.:
6,037
Status:
Active
MLS#:
SR24183294
Type:
Mixed Use
Lot size:
0.14 Acres
Year built:
1991
Listed by Keller Williams Realty Westside Soraya Esmaili
View additional info

ADDITIONAL INFORMATION

Great 6 unit all 2 Bedroom and 2 Bath building in a great area of North Hollywood. No City Rent control. This property is part of a Portfolio and being sold together with 857 Plymouth and 4906 Rosewood.

Beds:
n/a
Baths:
Sq.Ft.:
36,408
Status:
Active
MLS#:
PTP2405347
Type:
Cluster
Lot size:
1.37 Acres
Year built:
1970
Listed by Commercial Asset Advisors Maxwell Brown
View additional info

ADDITIONAL INFORMATION

Runnymede Holiday Apartments presents opportunity to acquire a desirable garden style 40-unit complex consisting of open, low-density grounds and attractive low-maintenance construction consisting of an ideal (12) 1 bedroom / 1 bath units at 650 sqft, (20) 2 Bedroom / 1 bath units at 950 sqft, and (8) 3 bedroom / 2 bath units at 1200 sqft. The property does not possess any decks, tuck-under parking, or exterior catwalks, thereby removing large capital expenditure items for long-term operations. Current GSI: $791,876 Full Market GSI: $1,257,990 In-place NOI: $482,331 Proforma NOI: $870,257 The grounds consist of mature vegetation, open walkways, a picnic and playground area, a large onsite laundry facility, and fully gated grounds and parking. Vegetation within the complex consists of mature roses, eucalyptus trees, succulents, and Hibiscus trees, providing a pleasant atmosphere for tenants to help boost the ultimate rent potential and reduce turnover. Renovations: Roughly 18-20 units are partially renovated including: new flooring, refinished cabinets & hardware, new countertops, new appliances, new bathroom shower tub enclosures and paint throughout. 3-4 units at the property are fully renovated, which includes all items of the partially renovated units plus new shaker cabinets and new bathroom vanity(s). Ownership has been able to achieve rents north of $2,000 for the 1 bedrooms and north of $2570+ for the 2 bedrooms. On a granular location basis, the asset parcel is well located between a beautiful nursery and low-density multifamily complex within 0.1 Miles of two new construction institutional grade Multifamily complexes showcasing a bullish microeconomic drive in the immediate pocket

Beds:
n/a
Baths:
Sq.Ft.:
8,057
Status:
Active
MLS#:
MB24181018
Type:
Apartment
Lot size:
0.18 Acres
Year built:
2021
Listed by CENTURY 21 REALTY MASTERS XIO SANDOVAL
View additional info

ADDITIONAL INFORMATION

THIS IS THE ONE 5 UNITS-FULLY STABILIZED: 6926 Morella Ave - Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2021. Consisting of three buildings, this modern complex offers unparalleled amenities and convenience for tenants. Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents. Additionally, there is plenty of parking for all units with a combination of attached 1 car garages and surface parking lot spaces. Each unit offers a generous layout with a combination of four- & three-bedroom units, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters. With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market. Don't miss out on the chance to secure a lucrative investment in the ultra-hot NOHO neighborhood. Make this property your 1031 exchange transaction.

Beds:
n/a
Baths:
Sq.Ft.:
7,234
Status:
Active
MLS#:
GD24176837
Type:
Apartment
Lot size:
0.31 Acres
Year built:
1947
Listed by Team Rock Properties Jerry Armen
View additional info

ADDITIONAL INFORMATION

**Introducing 11966 Runnymede St: A Prime Income Property in North Hollywood** We are delighted to present the sale of 11966 Runnymede St, a remarkable 7-unit residential income property nestled in the vibrant heart of North Hollywood. This well-maintained property comprises six spacious townhomes, each offering 2 bedrooms and 1.5 bathrooms, along with a charming 4-bedroom front house. Strategically located just east of Laurel Canyon on Runnymede Street, this property boasts a generous gross building area of 7,234 square feet, translating to an average of over 1,000 square feet per unit. Originally built in 1947, the units have been thoughtfully updated with tile flooring throughout and modern countertops, blending vintage charm with contemporary comforts. Each unit is individually metered for electricity and gas, ensuring that tenants are responsible for their own utility usage. Notably, there is no house meter, meaning all common area lighting is tenant-powered, further reducing operational costs. Trash removal is efficiently managed by the Department of Water and Power, included in each tenant's bill. The exterior of the property was freshly painted, and the roof was replaced in 2019, ensuring minimal maintenance for years to come. This property represents an ideal investment opportunity, offering steady income potential in a sought-after location. Don’t miss your chance to own this exceptional income property in North Hollywood!

Beds:
n/a
Baths:
Sq.Ft.:
2,422
Status:
Active
MLS#:
BB24125297
Type:
Fourplex
Lot size:
0.22 Acres
Year built:
1941
Listed by Brad Korb Real Estate Group Bradley Korb
View additional info

ADDITIONAL INFORMATION

BOM! Previously sold with multiple bids! Run, don't walk! Prime NoHo Arts District property! This LARD1.5 zoned building, situated south of Magnolia, offers 4 units, each featuring 1 bedroom and 1 bathroom. Each unit boasts a private yard and private laundry. The property includes two 2-car garages. Ideal for investors seeking a valuable addition in a highly desirable location. Seize this opportunity to own a versatile property in a thriving neighborhood.

Beds:
n/a
Baths:
Sq.Ft.:
2,422
Status:
Active
MLS#:
BB24125295
Type:
Fourplex
Lot size:
0.22 Acres
Year built:
1942
Listed by Brad Korb Real Estate Group Bradley Korb
View additional info

ADDITIONAL INFORMATION

BOM! Previously sold with multiple bids! Run, don't walk! Prime NoHo Arts District property! This LARD1.5 zoned building, situated south of Magnolia, offers 4 units, each featuring 1 bedroom and 1 bathroom, private yard, and private laundry. The property includes two 2-car garages. Ideal for investors seeking a valuable addition in a highly desirable location. Seize this opportunity to own a versatile property in a thriving neighborhood.

Beds:
n/a
Baths:
Sq.Ft.:
2,052
Status:
Active
MLS#:
BB24171940
Type:
Mixed Use
Lot size:
0.13 Acres
Year built:
1945
Listed by LA Premier Realty David Nalbandyan
View additional info

ADDITIONAL INFORMATION

We are excited to offer an exceptional opportunity to purchase a versatile mixed-use commercial property strategically positioned on the highly sought-after Lankershim Blvd. This property consists of One 3 Bedroom Residential Units and TWO store-front retail space, as well as an opportunity to convert the garage into an ADU. This property is sold in conjunction with 7436 Lankershim Blvd, which presents a potential for a 40-unit Mixed-use Development Project. In total it would comprise of six units, including three commercial and three residential units, encompassing a total of 4,217 square feet on a spacious 11,284 square feet lot.

Beds:
n/a
Baths:
Sq.Ft.:
2,165
Status:
Active
MLS#:
BB24169018
Type:
Mixed Use
Lot size:
0.13 Acres
Year built:
1942
Listed by LA Premier Realty David Nalbandyan
View additional info

ADDITIONAL INFORMATION

We are excited to offer an exceptional opportunity to purchase a versatile mixed-use commercial property strategically positioned on the highly sought-after Lankershim Blvd. This property consists of two 3 Bedroom Residential Units and one store-front retail space, currently offering a 6.4% CAP Rate. This property is sold in conjunction with 7444 Lankershim Blvd, which presents a potential for a 40-unit Mixed-use Development Project. In total it would comprise of six units, including three commercial and three residential units, encompassing a total of 4,217 square feet on a spacious 11,284 square feet lot.

Beds:
20
Baths:
12.00
Sq.Ft.:
4,445
Status:
Active
MLS#:
24427601
Type:
Cluster
Lot size:
0.14 Acres
Year built:
1957
Listed by CBRE John Boyett
View additional info

ADDITIONAL INFORMATION

We are proud to present a once in a generation opportunity to acquire two trophy investments in the San Fernando Valley. 6955-61 Fulton Avenue and 6914 Woodley Avenue are large beautifully maintained investment properties with capturable rental upside.6955-61 Fulton Avenue is a 12-unit apartment building in the city of North Hollywood, with a unit mix of four (4) one-bedroom one-bathroom units and eight (8) two-bedroom one-bathroom units.6914 Woodley Ave is an 8-unit apartment building in the city of Van Nuys, with a unit mix of four (4) one-bedroom one-bathroom units and four (4) two-bedroom two-bathroom units. The Valley portfolio gives an investor the ability to capture all that the San Fernando Valley has to offer, and provides tenants of these properties walkable access to shops, nightlife, employment opportunities and more. Please note these buildings can be sold together or separately.

Beds:
5
Baths:
4.00
Sq.Ft.:
3,256
Status:
Active
MLS#:
24418167
Type:
Cluster
Lot size:
0.15 Acres
Year built:
1942
Listed by Berkshire Hathaway HomeServices California Properties Markus Canter
View additional info

ADDITIONAL INFORMATION

JUST REDUCED BY $100,000! **PRIME OWNER-USER TRIPLEX** 11241 Peach Grove Street, North Hollywood CA Attractive Triplex in the Heart of the NOHO ARTS DISTRICT A Prime Investment Opportunity. Discover this exceptional OWNER-USER TRIPLEX that promises the best of both worlds: a charming residence with additional income potential. Located on a spacious 6,402 SF CORNER LOT in the highly desirable NoHo Arts District, this property is a gem for buyers, investors, and developers alike. The MAIN HOUSE: An Updated 3-bedroom, 2-bathroom home w/ Private yard & garden, Inviting courtyard, Dedicated garage, and Ample on-site parking. This charming traditional property boasts a wonderful living experience within a vibrant neighborhood. Enjoy the benefits of a wide street and the proximity to the lovely nearby North Hollywood Park, perfect for leisure and outdoor activities. VALUE-ADD OPPORTUNITY: This property presents a fantastic value-add opportunity with the potential to add an Accessory Dwelling Unit* (ADU). *Buyers to investigate and conduct their due diligence. PRIME LOCATION: Situated in the NoHo Arts District, known for its cultural and artistic flair. Close to major motion picture studios, making it an ideal location for industry professionals. Close to great eateries, bars, coffee shops, and nightlife. Easy access to freeways, ensuring a seamless commute. Just a few blocks away from Starbucks and other local amenities. With its unique combination of a comfortable home, additional income potential, and prime location, this triplex is an outstanding investment opportunity. Lower your income-to-debt ratio while enjoying all that this dynamic neighborhood has to offer. An ideal choice for anyone looking to invest in one of Los Angeles' most sought-after areas. Contact us today to schedule a viewing and explore the endless possibilities this triplex has to offer.

Beds:
n/a
Baths:
Sq.Ft.:
4,217
Status:
Active
MLS#:
BB24132576
Type:
Mixed Use
Lot size:
0.26 Acres
Year built:
1942
Listed by LA Premier Realty David Nalbandyan
View additional info

ADDITIONAL INFORMATION

We are pleased to present a unique chance to acquire a versatile mixed-use commercial property ideally located on renowned Lankershim Blvd, offering both a cash flow generating property, as well as a lucrative Development Opportunity. This property currently features a total of six units, comprising three commercial units and three residential units. The building spans 4,217 square feet and is situated on a generous 11,284 square feet lot. The current 5% CAP Rate is based on existing rental income, with the possibility to enhance returns through additional ADU constructions or explore redevelopment opportunities for a mixed-use project featuring up to 40 units alongside ground-floor retail. Its location is optimal with LAC2 zoning, dual access from the front and back of the lot, and proximity to public transit, ensuring significant pedestrian and vehicular traffic (over 260,000 employees within a 5-mile radius and 27,000 cars daily). This makes it a highly desirable location for development.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.



North Hollywood Real Estate

North Hollywood is located in California.

North Hollywood Weather

North Hollywood Map

North Hollywood Real Estate Market Conditions

  • Median sales price

    $870,000
    -3276800%
    change since last quarter
  • # Active listings

    230
    30-day change

North Hollywood Schools and Demographics

Education near North Hollywood, CA

City County
High School Graduates N/A N/A
College Degree - 2 year N/A N/A
College Degree - 4 year N/A N/A
Graduate Degree N/A N/A
Expenditures per Student N/A N/A
Students per Teacher N/A N/A

Elementary Schools near North Hollywood, CA

Grades Students P/T Ratio ZIP
Arminta Street Elementary School KG - 05 472 22.5 91605
Bellingham Elementary School KG - 05 622 23.5 91606
Bret Harte Elementary School KG - 05 676 29.4 91505
Burbank Boulevard Elementary School KG - 05 357 23.8 91607
Camellia Avenue Elementary School KG - 05 721 22.5 91605
Celerity Palmati Charter KG - 08 413 21.7 91606
Coldwater Canyon Elementary School KG - 05 784 24.1 91605
Colfax Charter Elementary School KG - 05 670 25.8 91607
Fair Avenue Elementary School KG - 05 965 24.7 91606
John B. Monlux Elementary KG - 05 696 24.9 91606
Julie Korenstein Elementary School KG - 05 591 24.6 91605
Lankershim Elementary School KG - 05 470 22.4 91601
Maurice Sendak Elementary School KG - 05 549 24.9 91601
New Horizons Charter Academy KG - 08 196 21.8 91601
Oxnard Street Elementary School KG - 05 451 22.6 91606
Providencia Elementary School KG - 05 376 26.9 91505
R. L. Stevenson Elementary KG - 05 572 26 91505
Rio Vista Elementary School KG - 05 458 22.9 91602
Saticoy Elementary School KG - 05 599 22.2 91605
Strathern Street Elementary School KG - 05 757 24.4 91605
Theodore Roosevelt Elementary School KG - 05 633 28.8 91505
Toluca Lake Elementary School KG - 05 464 21.6 91601
Victory Boulevard Elementary School KG - 05 576 23 91606

Middle Schools near North Hollywood, CA

Grades Students P/T Ratio ZIP
James Madison Middle School 06 - 08 1,644 26.2 91605
Luther Burbank Middle School 06 - 08 1,102 24.4 91505
Roy Romer Middle School 06 - 08 1,090 26.4 91606
Walter Reed Middle School 06 - 08 1,665 26.5 91602

High Schools near North Hollywood, CA

Grades Students P/T Ratio ZIP
East Valley Senior High School 09 - 12 683 18 91601
North Hollywood Senior High School 09 - 12 2,736 25.9 91601

Ungraded Schools near North Hollywood, CA

Grades Students P/T Ratio ZIP
* Amelia Earhart Continuation School 09 - 12 105 19.1 91601
Berenece Carlson Home Hospital KG - 12 482 4.4 91602
Burbank Unified Independent Learning Academy (Buila) UG - UG 0 91505
Charles Leroy Lowman Special Education Center KG - 12 153 9.9 91605
Magnolia Park School 06 - 12 23 6.4 91505
Off Campus Learning Center 03 - 12 1 6 91505

Demographics near North Hollywood, CA

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Real estate near North Hollywood