The median home value in North Hollywood, CA is $849,500.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in North Hollywood, CA is $849,500.
Approximately 45.51% of North Hollywood homes are owned,
compared to 47.38% rented, while
5.3% 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.
Don't miss this development opportunity in North Hollywood, close to the Noho Arts District, to develop 36 apartment units. Property will be delivered RTI for 16 one bedroom and 20 two bedroom units, with a total of 27,731 sqft of living space. Call listing agent for more detailed information and to view the plans.
We are pleased to present for a sale an excellent development opportunity located in the heart of North Hollywood! Zoned LARD 1.5, TOC Tier 3, the subject property is situated on a sizeable 7,863 sqft lot within close proximity to the Noho West Mall (~1 mile) and Noho Arts District (~2 miles). Build 5 units by right plus 2 ADU's. Perfect site for double duplex/townhouse style units or an ED 1, Executive Directive 1, 100% affordable project. Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Corner Lot = optimal for design efficiency and parking access! The subject property is a single family home = no tenant relocation required or RSO! Owner occupied for 10+ years, should be SB 8 exempt. Lots of new development in this pocket of NoHo. Do not miss this opportunity to build in a high rental demand part of North Hollywood close to dining, shopping, transportation, and more. Contact listing agent for more details!
RTI DEVELOPMENT OPPORTUNITY! Your next investment awaits--This lot, located in the heart of North Hollywood, is a prime location for a multifamily asset. Currently on the lot stands a VACANT 1,561 SF 3-bedroom, 1-bathroom single family house and a 622 SF detached garage. Approved plans for the future development feature a total of 6 units comprising four 4-bedroom units, one 2-bedroom ADU, and one recreational room that is to be converted to a second 2-bedroom unit after C of O totaling 20 bedrooms, 16 bathrooms, and over 9,000 SF of building area. The 4-bedroom floor plans boast over 1,700 SF and will come with either 3 or 4 bathrooms; each will come with a private 2-car garage and a private rooftop deck. Located amidst the North Hollywood Arts District, LA Metro Bus and Train connection hubs, schools, parks, dining, and nightlife this community has all that city savvy renters are vying for.
Existing burned duplex sold for land value only.There are ten reasons why we believe youve just stumbled upon what could be a near-perfect affordable housing development land acquisition opportunity. The site possesses the optimal zoning and economic incentives in place like Opportunity Zone/ED-1 Eligible/TOC/AB 2334 Very Low VMT/AB 2097 Reduced Parking Areas, etc. etc. etc. The site is not in a specific plan or in a Redevelopment Area.The site is located next to a swath of R1 zoned property (free parking?).The site is located a block from grocery, and CVS and, of course, Starbucksessentially a stones throw from every critical amenity.The site is walking distance (1-mile) from NoHo station (both rail and bus transportation) making it viable to live at the property and not own a car.The site is an uncommonly large single lot consisting of 16,316 SF of land with 60 of frontage. Its not too big of a project yet formattable enough to be compelling for a wide spectrum of investment and development organizations.The site is flat.The site will not require the displacement of tenants as the duplex on site has been vacant for over 5+ years (abatement filed by City in 2019) after fires burned the property. The demo is not complete. Hence, the lookback period is 5 years. The likelihood of zero replacement units also opens of conversation for less dense development typologies.The site is 1,800 feet from NoHo west; the perfect market rate rent barometer demonstrating rental rates for 1 beds about 30% higher than the deed restricted amounts mandated for 1 bed units under ED-1.The site enjoys immediate adjacency to a 10 unit building and 12 unit building to the north and south respectively. Hence, views from the proposed new project will not be affected likely for many years into the future (the likelihood of demolition of such buildings is low in the near term).
ED 1 Eligable lot , Great development site adjacent to Toluca lake and Burbank , Subject is zoned LACR , commercial with allowable residential , with 87.5 feet of frontage on Cahuenga Blvd with a back alley , great for multi family development by right , in the Enterprze zone , also the subject is designated as ED 1 Eligable site which may allow for the development of 50 to 60 low income housing units with no parking requirements , Please confirm with the Planning Department of the city of Los Angeles , there is existing 2 homes on the subject that will be delivered vacant
12801 Barbara Ann St, located just south of Sherman Wayin the Valley Glen neighborhood of North Hollywood. The 9,433 SF lot willbe delivered fully entitled for 66 income-restricted housing units with noparking required. The project's central Valley location and proximity to major employmenthubs and the Hollywood Burbank Airport are prime for a high velocityworkforce housing lease up strategy, allowing a mission driven developerthe opportunity to support the missing middle segment given the project'sdiscount to surrounding market rents. Plans call for an efficient five story project, utilizing an all-wood Type IIIAconstruction. The lot currently consists of a single-family residence that willbe delivered vacant at the close of escrow, allowing a developer to breakground immediately. The finished project totals 28,774 SF and has a desirable unit mix of 65 singles(280-360 SF) and one three-bedroom (681 SF), allowing a developer to collectrents above $5 per SF. The lot is offered at a low $37,121 per buildable unit, allowing a privately fundeddeveloper the opportunity to develop a high yielding project and capture astrong return on cost with zero tax credits or government subsidies. The project also offers the unique opportunity to purchase an ED-1 projectin a qualified opportunity zone, taking advantage of potential tax benefitsincluding potential elimination of capital gains tax, greatly enhancing projectreturns. The project is located just west of the 170 Freeway accessible via ShermanWay and provides convenient access to most major neighborhoodsthroughout the Valley. The central location allows for an easy commute tonearby neighborhoods such as Sherman Oaks, Studio City, Panorama City,and Sun Valley, among others; the site is also close proximity to three metrolocal line bus stops on Sherman Way. Located in a densely populated, infill submarket of Los Angeles, the projectbenefits from retail amenities along Sherman Way & Coldwater Canyon Ave.The project is in close proximity to schools within a half mile, including JamesMadison Middle School and Coldwater Canyon Ave Elementary School.
A rare and attractive multi-family development site. The zoning allows a developer to build 8 units by right and is ED1 approved. Existing is a single family residence on a month to month lease, and can be vacated with a 60-day notice.
Presenting an exceptional vacant land opportunity nestled in North Hollywood! This expansive lot spans 6,041 square feet and is ideally situated at the end of a tranquil cul-de-sac. Equipped with a septic tank system, this lot holds immense potential for the construction of multi-unit dwellings. Prospective buyers are encouraged to verify building allowances with the City and conduct their own due diligence. Don't miss out on this prime investment opportunity in a sought-after location!
6729 Babcock Ave, North Hollywood, CA 91606 is a vacant land home with size of 6224 sqft. Great Opportunity for all Investors and Developers. Rare opportunity awaits you in North Hollywood. This Property is being sold as-is land value.
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Based on information from CRISNet MLS as of 7/1/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
