North Hollywood Real Estate

North Hollywood Real Estate

Welcome to North Hollywood, a vibrant and eclectic neighborhood nestled in the heart of Los Angeles County, California. Known for its rich artistic culture and diverse community, North Hollywood offers a unique blend of urban living and suburban charm. This dynamic area is renowned for its thriving arts scene, exemplified by the NoHo Arts District, which is home to an array of theaters, galleries, and performance spaces. Here, residents and visitors alike can immerse themselves in the creative spirit that defines this community.

North Hollywood boasts an array of housing options, from modern apartments to charming single-family homes, making it an ideal place for everyone—from young professionals to families looking for a welcoming environment. The neighborhood is well-connected, with easy access to major freeways and public transportation, including the Metro Red Line, providing seamless commutes to downtown Los Angeles and beyond.

Outdoor enthusiasts will appreciate North Hollywood's parks and recreational facilities, including the expansive North Hollywood Park, which offers sports fields, playgrounds, and picnic areas. The local dining scene is equally impressive, featuring a diverse array of restaurants, cafes, and food trucks that cater to every palate.

With its unique blend of culture, convenience, and community spirit, North Hollywood is not just a place to live; it’s a place to thrive. Whether you're exploring the latest art exhibit, enjoying a night out at a local theater, or simply taking a stroll down its tree-lined streets, North Hollywood invites you to experience the best of Southern California living. Come discover what makes this neighborhood a truly special place to call home!

Newest Listings in North Hollywood

6833 Simpson Avenue, North Hollywood
$990,000
26105312 MLS ⋅ Active Status
6833 Simpson Avenue, a flexible residential redevelopment and infill opportunity in North Hollywood. The property is offered at $990,000, approximately $132.83 per square foot of land, on a level, rectangular 7,905 SF (0.18 AC) lot with roughly 60 feet of frontage on Simpson Avenue.The existing 1,312 SF duplex has been Ellis'd and is delivered vacant, with tenants already cleared. This removes the tenant relocation and Ellis Act hurdles that often complicate small-lot redevelopment in Los Angeles, allowing a buyer to move directly into planning and design.The site supports two distinct development paths. First, a buyer may explore a subdivision into individually owned lots for for-sale townhomes or similar product, and may evaluate SB 684 as a potential path to create up to 10 small lots. Second, the property's RD1.5-1 zoning, Transit Oriented Community (TOC) Tier 2 designation, and High Quality Transit Corridor proximity may support an affordable housing density bonus strategy. The parcel is also located within a federal Qualified Opportunity Zone (QOZ), which may offer capital gains tax advantages to qualifying investors.Positioned in an established residential infill setting, 6833 Simpson Avenue is minutes from the NoHo Arts District, NoHo West, and Hollywood Burbank Airport, with convenient access to the 170 Freeway and nearby Metro B (Red) and G (Orange) Line service. The surrounding submarket is renter heavy, with approximately 77% renters within a one mile radius, supporting both for-sale and rental exit strategies.Buyer to independently verify all zoning, density, entitlement, subdivision, SB 684, and development matters.

6833 Simpson Avenue, North Hollywood

11408 W Sarah Street, North Hollywood
$4,200,000
20 Beds ⋅ 16 Baths ⋅ 26105094 MLS ⋅ Active Status
11408 Sarah Street is a 10-unit multifamily property built in 2019 and located in Studio City near the Toluca Lake border. As newer construction, the property is exempt from the Los Angeles Rent Stabilization Ordinance (RSO) and AB 1482 rent restrictions, giving ownership the flexibility to set rents at market. The property encompasses approximately 9,104 square feet of living space on a 0.22 acre lot and features a unit mix of (4) 3BR/2BA units, (2) 2BR/2BA units, and (4) 1BR/1BA units (one of the 1+1 units is designated Very Low Income). The property currently generates gross scheduled income of $28,780 per month ($345,360 annually), supplemented by approximately $5,300 in annual utility reimbursement income. The building consists of 3 stories of Type V construction over a ground-level parking garage, with a lobby and hydraulic elevator. The Certificate of Occupancy was issued in October 2019, and the property is fully fire sprinklered with a fire alarm system, both finaled in 2019 (per LADBS permit records). As recent construction, the property offers new ownership modern building systems and minimal near-term capital expenditure requirements. Each unit features an individual split-system HVAC unit and a separate water sub-meter, allowing ownership to recapture water costs from residents. The ground-level garage provides residents with on-site parking, and elevator service offers convenient access to all floors. The property last sold in 2021 for $5.7M and was appraised last year at $6.1M, offering a steep discount at today's asking price of $4.2M. Ideally situated in the vibrant Studio City submarket, 11408 W Sarah Street is minutes from Universal Studios Hollywood, Warner Bros. Studios, and the shops and dining along Ventura Boulevard. The Metro B Line and the 101, 134, and 170 freeways provide easy access to Hollywood, Burbank, and Downtown Los Angeles. Proximity to major entertainment employers supports strong and consistent rental demand.

11408 W Sarah Street, North Hollywood

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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