The median home value in North Hollywood, CA is $491,250.
the county median home value of $445,300.
The national median home value is $170,100.
The average price of homes sold in North Hollywood, CA is $491,250.
Approximately 29.3% of North Hollywood homes are owned,
compared to 63.78% rented, while
6.93% 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! Learn more about North Hollywood Real Estate.
We are proud to present this brand new construction, 8-unit apartment building in the heart of the North Hollywood Arts District. All units are 2 bedroom, 2 bath with balconies, washer/dryer, stainless steal appliances, granite counters and hardwood floors. Walking distance to the bustling Lankershim Blvd strip and Magnolia nightlife. The metro is walking distance from the building and Valley Village Park is a stone-throw away. North Hollywood has seen exponential growth over the past few years with heavy investment from small and big commercial real estate companies. We present this opportunity to an investor to get a foothold in this growing market of the east San Fernando Valley. 5 of 8 units currently rented!
The subject property is in the city of North Hollywood within the county of Los Angeles in the southeast section of the San Fernando Valley. The property benefits from its close proximity to the 170, 101, and 134 freeways. Public transportation is also easily accessible to its residents. Additionally, the building is within close proximity to the heart of the newly developed and highly desirable Noho Arts District.The neighborhood?s residential and commercial industry continues to strive and has provided a stable and solid demand for this particular area for several years. The rental demand remains competitive as vacancy rates remain low despite the current economic state. The property offers an excellent unit mix with recent upgrades both in the interior of several units and exterior of the buildings which include copper plumbing. The property is professionally managed and well maintained with little to no deferred maintenance.
The property is 8 units consisting of 2-bedroom, 3-bedroom, and 4-bedroom units. These highly desirable unit types provide an opportunity for rental upside, as well as, long-term tenancy. Each unit is separately metered for gas and electricity including individual water heaters, and ample on-site parking. The interiors are spacious with some upgrades that may include flooring, windows, and cabinetry. The plumbing, roof, and electrical have been upgraded or partially upgraded to meet "Building Standards." Currently the property consists of six structures that sit on a large lot, approximately 27,099 square feet. Due to the size of the lot and zoning (LARD2) this may be a possible re-development opportunity (buyer to investigate).
6 Townhomes all 2 Bedroom, 1.5 Bathroom plus a 4 bedroom front house. Seller Financing - AITD Available. Large units located onRunnymede Street in North Hollywood, this property is just east of Laurel Canyon. The total building gross square footage is 7,234, which equates to an average of over 1,000 square feet per unit. Built in 1947, the property is subject to rent control, however the current owner has recently renovated a number of the units and has secured new tenants at market rents. This will allow a new owner to more easily keep up with the rising rental rates in the area. Many of the units now feature tile flooring throughout and new countertops. The utilities at this property are individually metered, so each tenant pays for their own electricity and gas. There is no house meter, so all common area lighting is powered by the tenants. Additionally, the trash removal at this property is handled by the Department of Water and Power and is included on each tenant's utility bil
Excellent unit-mix in a dynamic rental market of North Hollywood. Six units are 2-bed 2-bath. Most units have new flooring, updated kitchens, updated bathrooms and individual air-conditioning units. The building has a security gate for the driveway and the front door. A new roof was installed in 2013. Residents enjoy easy access to public transportation and proximity to the 170 freeway. The area has benefited greatly from the nearby NoHo Arts District, its Metro Station and nightlife. Wonderful opportunity to own a 5.3 CAP building in a fast-rising area.
8 Units. Copper Plumbing. Seller Financing, AITD Available. 75% two-bedroomunits. The property is a two-story, walkup-style building with fourteen open and coveredparking spaces. The units here are large, averaging over 800 square feet per unitaccording to title records. Located on Runnymede Street in North Hollywood, this propertyis just east of Laurel Canyon and has proximity to the ever-growing NOHO area, whichincludes the Arts District, the Metro bus and light rail as well as tremendous developmentthat is adding employment to this submarket. The property was built in 1959 and many ofthe unit interiors have been upgraded with tile flooring throughout and granitecountertops. These upgrades not only command a higher rent, but also significantlyreduce future repairs and maintenance costs upon turnover.
NoHo Arts District property! R3 zoned lot, perfect for expanding into multiple units or for a developer to build apartments. Rare corner lot with alley access offers many options and variations for future investment or development. Primary structure (main house) has been beautifully maintained with a mix of modern, upgraded amenities that coincide with the original elements of character and charm. Main house has three bedrooms and two bathrooms. Large living room with high ceilings and fireplace, formal dining room, den with fireplace, functional kitchen, breakfast bar, and separate laundry room. Detached, two-car garage is accessed from alley way and also has an add-on structure for plenty of extra storage. Must see this location.
The majority of the property is zoned R3, while the remainder (approximately 8,100 square feet, or 90? x 90?) is zoned R1. For the R3 portion of the site, the minimum lot area per dwelling unit is 1,200 square feet, as specified per the ?Q? condition. So one could develop at least 11 units there. In the R1 zone, the minimum lot size is 5,000 square feet and the minimum lot width is 50 feet, which would indicate that only one home could be developed on the subject?s R1 portion. However, it may be possible to get a variance to split the subject?s R1 portion into two lots that are 45?x 90? each, for lot sizes of 4,050 square feet (buyer to verify).Based on the above and only considering allowable densities by zone, the opportunity exists to map or otherwise entitle the subject property for a minimum of 12 units and possibly as many as 13 units.
This property has a great unit mix. It is in an excellent rental location and has definite upside potential. Separately metered for gas and electric. It is zoned R3 for a future development opportunity.
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