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.
$50K price reduction! This duplex, located in the rapidly developing North Hollywood Arts District, offers a fantastic opportunity. The front unit (5620) features a spacious living room with a fireplace, 2 bedrooms, 2 bathrooms, a kitchen, rear patio, front yard, and a detached two-car garage. Laundry facilities are located on the rear patio. The newly built, two-story rear unit (5618) has its own private entry, separated by a gate. The first floor includes a living room, kitchen, dining area, and half bath, with direct access to its own two-car garage with laundry facilities. Upstairs, the master bedroom includes an en-suite bathroom, and two additional bedrooms share a Jack and Jill bathroom. The property includes a total of 2,408 sq ft of living space and sits on an 8,874 sq ft lot. Both units feature private entries and garages, offering excellent potential in a vibrant neighborhood.
11461 Albers Street is located between Camellia Avenue and Tujunga Avenue in the Arts District of North Hollywood. This multifamily property has twelve units, seven two-bedrooms, and five one-bedroom apartments spread over 9,747 square feet on 13,020 square feet of land and was built in 1964. The building is situated four blocks from the North Hollywood Reception Center, The Cage Roller Hockey Rink, four blocks from the North Hollywood Metro train station, five blocks from NOHO central arts district; that features plethora art, cafes, restaurants, studios, bars, workspaces, shopping and a vital employment hub for the North Hollywood. Don't miss out on this investment opportunity!
Attention Investors! Don't miss out on this prime opportunity in the heart of North Hollywood, one of LA's hottest up-and-coming neighborhoods. The NOHO Arts District is buzzing with energy and rapidly gaining recognition as one of the trendiest locales in Los Angeles. Known for its vibrant arts scene, NOHO boasts over 12 live theaters, professional dance and acting studios, recording studios, and a dynamic mix of dining and nightlife options. Plus, with direct access to the Metro Link, NOHO offers convenient connections to the rest of the city. This unique property features three detached units no shared walls offering privacy and flexibility for both investors and owner-occupants. *Front House (5258 Cleon Ave): A charming 2-bedroom, 1-bathroom home with approximately 1,100 sq. ft. of living space. The unit is equipped with modern amenities, including a washer and dryer, stove, built-in microwave, dishwasher, garbage disposal, refrigerator, custom kitchen completely renovated with granite counter tops. Four window AC units: one in each bedroom and one in living room and dining room. *Back House (5256 Cleon Ave): A cozy 1-bedroom, 1-bathroom house with approximately 460 sq. ft. of living space, complete with a refrigerator, stove, and window AC unit in the bedroom and living room, full bathroom with bathtub and marble floor. *Studio Unit (5256 1/2 Cleon Ave): A spacious studio apartment, offering approximately 380 sq. ft. of living space. The unit features a full kitchen, stove,refrigerator, garbage disposal, custom cabinets and bathroom with a bathtub and shower, ample closet space with sliding mirrored doors, and a window AC unit. The property includes a carport and 2-car parking pad in front of the back units and a long driveway with space for at least 2-3 additional vehicles. The front yard is fully fenced and offers a private garden for the front house, while the back units share a beautifully landscaped communal garden with roses and other greenery. A storage shed behind the two back units adds extra convenience. The studio unit (5256 1/2 Cleon Ave) will be delivered vacant, making this an ideal opportunity for anyone looking to live in the studio while renting out the other two units for steady income. It's also the perfect setup for a college-age student or a young professional looking to start investing. With new developments popping up in the area, including next door, the potential for growth is significant. Whether you choose to hold and rent, develop the property further, or simply enjoy the income stream, the possibilities are endless. Opportunities like this don't come around often so act fast before it's gone!
Attention Investors! Don't miss out on this prime opportunity in the heart of North Hollywood, one of LA's hottest up-and-coming neighborhoods. The NOHO Arts District is buzzing with energy and rapidly gaining recognition as one of the trendiest locales in Los Angeles. Known for its vibrant arts scene, NOHO boasts over 12 live theaters, professional dance and acting studios, recording studios, and a dynamic mix of dining and nightlife options. Plus, with direct access to the Metro Link, NOHO offers convenient connections to the rest of the city. This unique property features three detached units no shared walls offering privacy and flexibility for both investors and owner-occupants. *Front House (5258 Cleon Ave): A charming 2-bedroom, 1-bathroom home with approximately 1,100 sq. ft. of living space. The unit is equipped with modern amenities, including a washer and dryer, stove, built-in microwave, dishwasher, garbage disposal, refrigerator, custom kitchen completely renovated with granite counter tops. Four window AC units: one in each bedroom and one in living room and dining room. *Back House (5256 Cleon Ave): A cozy 1-bedroom, 1-bathroom house with approximately 460 sq. ft. of living space, complete with a refrigerator, stove, and window AC unit in the bedroom and living room, full bathroom with bathtub and marble floor. *Studio Unit (5256 1/2 Cleon Ave): A spacious studio apartment, offering approximately 380 sq. ft. of living space. The unit features a full kitchen, stove,refrigerator, garbage disposal, custom cabinets and bathroom with a bathtub and shower, ample closet space with sliding mirrored doors, and a window AC unit. The property includes a carport and 2-car parking pad in front of the back units and a long driveway with space for at least 2-3 additional vehicles. The front yard is fully fenced and offers a private garden for the front house, while the back units share a beautifully landscaped communal garden with roses and other greenery. A storage shed behind the two back units adds extra convenience. The studio unit (5256 1/2 Cleon Ave) will be delivered vacant, making this an ideal opportunity for anyone looking to live in the studio while renting out the other two units for steady income. It's also the perfect setup for a college-age student or a young professional looking to start investing. With new developments popping up in the area, including next door, the potential for growth is significant. Whether you choose to hold and rent, develop the property further, or simply enjoy the income stream, the possibilities are endless. Opportunities like this don't come around often so act fast before it's gone!
Almost ready to issue permits. Please refer to the attached supplement for the most current project approvals.– approximately 10,803 SF Lot with Approved Plans for 22 plus 5 recreation units for ADU development This prime 10,805 square foot property (0.248 acres) is located in North Hollywood, offering approximately 80 feet of frontage along North Riverton Avenue and a depth of about 135 feet. Currently improved with two residential buildings and a garage/storage structure. Zoned R3-1VL, TIER 3, the site is within a designated State Enterprise Zone, providing potential incentives for development. The approved project plans call for the construction of a 22-unit residential building, plus 5 recreation units for ADU development, one in each floor, with a total building height of 56 feet. The project will feature five residential levels above one subterranean parking level, comprising approximately 29,801 gross livable square feet of space with a Floor Area Ratio (FAR) of 4.3:1. The mix of units will include 3 one-bedroom units, 17 two-bedroom units, and 2 three-bedroom units, along with 23 on-site parking spaces. This property offers an exciting opportunity for a developer looking to capitalize on the growing North Hollywood market, with an approved plan for high-density residential development in a prime location.
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!
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.
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.
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.
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!
5629 Cleon Ave is a charming four-unit apartment community located in North Hollywood, CA, one of the San Fernando Valley's most desirable rental communities. Located near Lankershim Blvd and in the heart of the Noho Arts District, tenants benefit from easy access to the San Fernando Valley and City of Los Angeles. Built in 1954, the property has a good unit mix of four one-bedroom, one-bathroom units. With rental upside the property makes for an ideal value-add project for an investor. The property has been well maintained by current ownership and allows an exciting opportunity for a new investor. Perfect for first time investors or owner-user investors
OPPORTUNITY ZONE FULLY VACANT MASSIVE BRAND NEW 5 UNITS! Welcome to your next turnkey investment or your first smart investment!! Luxury Brand New 5 units in the heart of the NoHo Arts District. These 5 brand new townhome-style units feature top-tier finishes, spacious walk-in closets, tons of natural light, modern sleek open floor layouts, fully equipped kitchens and in-unit washers and dryers. It's composed of an ideal unit mix of 5, 4, and 3x 3 bedroom units with 8,132 sq ft of livable space plus 490 sq ft of garages. Do not miss your chance to own this one of a kind 5 units!!
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.
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.
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.
This prime North Hollywood 3-unit triplex offers a fantastic value-add opportunity. ATTENTION DEVELOPERS, POSSIBLY TO BUILD 8 UNITS. Please check with the City of Los Angeles Building and Planning departments for more information. The property sits on a spacious LAR3 lot and features two structures - (1) one fully detached main structure comprised of a beautiful 2-bed/1-bath, and (2) a second structure with 2-bed/1-bath and 1-bed/1-bath units. A detached garage and carport are available for ample parking and storage space. Enjoy close proximity to schools, shops, the NoHo Arts District, and easy freeway access to the 101, 134, and 170 freeways.
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.
Charming newer 8 unit apartment building with a value Add. All units are equipped with Central Air & Heat, Washer & Dryer, wood floors and the property's gated semi-subterranean with 16 assigned parking spaces & 2 additional guest parking spaces add a sought-after element of convenience. Originally being built as 9 units, two units were combined together to approve it as a Condo Project. The process was never completed. The new owner could re-convert the one large 4 BR unit (which is leased for one year) back into two 1270 sq ft units (one 2 BR 2.5 BA unit & one 2 BR 2.5 BA ADU) making a total of 9 units. Buyer to verify with the City. Centrally located moments from CBS, NBC, Universal, Disney, and Warner Bros. Studios, public transportation, beloved Valley Village Park, the famed NoHo Arts District and the NoHo West mega-complex. This is the place to invest.
We are proud to present 5020 Tujunga Avenue - a value add real estate opportunity located in North Hollywood, CA. The 40 unit building is comprised of 15- Bachelors 24- Studios complimented by 1- 1 bedroom unit. Constructed in 1965, the property spans 17,690 gross square feet, and is set on a 0.51-acre lot. The property has ample parking spots for tenants with easy access through an alley that leads behind the property. To enhance the quality of living for residents, the property features a smoke-free environment, security systems, intercom, storage spaces, laundry facilities, pool, maintenance & manager on-site, walk-in closets and balconies.One of this property's significant attractions is the great value-add potential. Current rents at the property are approximately 33% below the market rate, presenting a significant opportunity for the buyer. Assuming the buyer can turn over all units and achieve market rents throughout, we estimate that the units could bring in about $77,000 in gross rental income each month, or about $929,000 per year, increasing the buyer's CAP rate to 8.57%!With all rents being below 80% of AMI (Area Median Income), this property qualifies for lower than market-rate financing from Freddie Mac due to this affordability aspect. Additionally, a new owner can
Two story commercial building in the heart of the NoHo arts district, a perfect location that is very desirable. This property features two stories with the first floor having a large open area that would be perfect for, office, show room, bullpen area, studio, restaurant or any creative use. In addition there is a large warehouse or additional open space and a conference room. Upstairs there is a 1 bedroom complete apartment that may be converted into additional offices or a working studio. The building has ally access and pass through access on the complete property through Magnolia. This area boasts industries as film, production; editing, industry agencies and photography just to name a few. This property features street access and rear accessibility for vehicles.
The median home value in North Hollywood, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in North Hollywood, CA is $912,500. Approximately 33.96% of North Hollywood homes are owned, compared to 58.13% rented, while 7.92% are vacant. North Hollywood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Hollywood real estate agent to arrange a tour today!
North Hollywood 91601 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.