North Hollywood CA Real Estate & Commercial for Sale

Excellent investment/development opportunity near the heart of the NoHo Arts District. Access to shopping, dining, and public transit (metro). Pre-lim plans and drawings submitted for approx. 32 units + parking. Mix of studio, 1 bedroom and 2 bedroom units.

Nestled in the heart of North Hollywood, this charming six-unit apartment building on Bakman Ave offers residents an urban oasis amidst the bustling cityscape. Situated within close proximity to trendy cafes, eclectic eateries, and vibrant entertainment options, this property embodies the epitome of convenient city living. 5653 Bakman Ave is a charming 6-unit apartment building in the vibrant neighborhood of North Hollywood, California. This a rare opportunity for investors seeking a prime location with excellent rental potential. This six-unit apartment building is comprised of (4) Four (1) One-bedroom and (1) One-bath units, and (2) Two (2) Two-bedroom and (1) One-bath unit. Conveniently situated in North Hollywood, this property enjoys proximity to many amenities, including popular dining destinations, entertainment venues, shopping centers, and recreational parks. Commuters will appreciate easy access to major transportation routes, including the nearby Hollywood Freeway (US-101), providing seamless connectivity to the greater Los Angeles area. The property is within walking distance of the Metro Redline location and near the heart of the North Hollywood Arts District. The property has desirable amenities, including assigned parking spaces, on-site laundry facilities, and wel

5640 Bakman Ave is a charming 7-unit apartment building in the vibrant neighborhood of North Hollywood, California. This a rare opportunity for investors seeking a prime location with excellent rental potential. This seven-unit apartment building is comprised of (6) Six (1) One-bedroom and (1) One-bath units, and (1) One (2) Two-bedroom and (1) One-bath unit. Conveniently situated in North Hollywood, this property enjoys proximity to many amenities, including popular dining destinations, entertainment venues, shopping centers, and recreational parks. Commuters will appreciate easy access to major transportation routes, including the nearby Hollywood Freeway (US-101), providing seamless connectivity to the greater Los Angeles area. The property is within walking distance of the Metro Redline location and near the heart of the North Hollywood Arts District. The property has desirable amenities, including assigned parking spaces, on-site laundry facilities, and well-manicured communal areas. It is individually metered for gas and electricity and has a tremendous rental upside. The property has a Low Income Covenant until 2035, part of the ACHP. A copy of the Covenant will be provided. ***Property must be sold with 5653 Bakman Ave in North Hollywood***

We are pleased to present an extremely unique multi family property that provides cash flows, significant rental upside, ADU opportunities, attractive unit mix, and a low assumable interest loan. Settled on a 14K lot with 100 Feet frontage and access from both Klump Ave and Fair Ave, this property offers 7 existing units consisting of Two (2) Single Family Houses that have been completely remodeled from the exterior and interior, One (1) 1 Bedroom ADU with Certificate of Occupancy and Four (4) 1 Bedroom Bungalows. In addition, it offers Two (2) fully approved ADU plans with Ready-to-Issue (RTI) permits for an easy value add opportunity to make this a 9 Unit property with proforma rent of $266K annually. All units have private laundry hook-ups inside the units, no common walls, and yard space. Take advantage of an attractive assumable loan of 3.80% Interest only with over 3 years of term remaining, offering immediate cash flow unlike anything else on the market.

We are proud to present "The Fair", a 15-unit condominium property located at 5630 Fair Ave in North Hollywood, CA. Built in 2018 to condo specifications, this property is 100% free of all rent control. The 28,381 sqft building sits on a 0.39 acre lot, and it boasts an excellent unit mix of all 3 bed / 2 bath condos. The 15 condos are split into 5 different floor plans ranging from 1,460 sqft to 1,574 sqft, with the average of 1,502 sqft. Of the 15 units, 13 are market-rate and 2 are low-income restricted.The property has gated parking on the ground floor with three levels of residential above. Each of the three residential floors have 5 condos with a stacked design. These well designed condos feature new stainless steel appliances, an in-unit washer/dryer, an open-plan kitchen and dining area, a large living room with wood-inspired vinyl floors, and a balcony. Central air conditioning, modern finishes, and a host of amenities including an elevator, covered parking, video surveillance, and more, ensure a safe and comfortable living environment for the tenants. The property has 8 KWP solar panels and EV Chargers, both of which provide additional income. Currently, these condos are being operated as apartment rents and bringing in a combined $48,000 in monthly rent. If the investor

We are proud to present "The Burbank", a 21-unit condominium property located at 11616 Burbank Blvd in North Hollywood, CA. This listing is part of a 3 property portfolio with 57 total condos, all in the South Valley, and all built by the seller in 2018.Built in 2018 to condo specifications, this property is 100% free of all rent control. The 30,817 sqft building sits on a 0.42 acre lot, and it boasts an excellent unit mix (15) 2 Bed / 2 Bath condos and (6) 3 Bed / 2 Bath condos. All of these modern condos are very large, with the average 2-Bed at 1,387sf and the average 3-Bed at 1,575sf. Of the 21 condos, 19 are market-rate and 2 are low-income restricted (both low-income restricted condos are 2 Bed).The property has gated parking on the ground floor with three levels of residential above. Each of the three residential floors has 7 condos with a stacked design. The condos are fully equipped with a high-end gourmet kitchen, stainless steel appliances and kitchen islands. Also included in each unit is a washer and dryer, balcony and exceptionally large space cabinetry and closets. The building is equipped with 8kwp solar panels and 9 EV chargers.Currently, this condo building is being operated as apartment rentals, and the building is 100% occupied with all tenants paying rent. Th

5 Units in North Hollywood LAND VALUE We are proud to represent these two side-by-side buildings for land value. Its unit mix consists of (2) 1+1 units, (2) 2+2 units, and (1) 2+1 unit single family residence . With a lot size of 14,321 square feet, the property has a total of 4,196 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest. The property is separately metered for gas and electric

A strong income property opportunity in the dynamic North Hollywood market with an abundance of new developments for shopping and entertainment, and located in the heart of North Hollywood's thriving population. Built in 1957 this well maintained building has 3,520 sq.ft. on 5,118 sq.ft. lot. The 5-unit mix consists of (2) 2bd/1bth units, (3) 1bd/1bth units, separately metered for tenant paid electric and gas. The building also offers new roof installed 2/2023, (4) 1-car enclosed garages, (5) driveway parking spaces, primarily hardscaped low-maintenance grounds, community laundry room with coin-operated washer and dryer, and added value in the costs for completed LADBS Soft-Story Retrofit Compliance in December 2021. Current Monthly Rents $5,766.80/Gross Monthly; Unit 1: $1,456/mo; Unit #2: $1113.84; Unit #3: $937.04; Unit #4: $937.04; Unit #5: $1,322.88. This central North Hollywood location is adjacent to Studio City, Burbank, and Toluca Lake and in close proximity to the Metro B Line (Red) North Hollywood station and just minutes from the 170 and 101 freeways providing short easy access to Hollywood, Downtown LA, Pasadena and more. The business rich area is highly desirable for rentals with consistent demand, surrounded by the studios and entertainment industry, Burbank airp

A strong income property opportunity in the dynamic North Hollywood market with an abundance of new developments for shopping and entertainment, and located in the heart of North Hollywood's thriving population. Built in 1957 this well maintained building has 3,520 sq.ft. on 5,118 sq.ft. lot. The 5-unit mix consists of (2) 2bd/1bth units, (3) 1bd/1bth units, separately metered for tenant paid electric and gas. The building also offers new roof installed 2/2023, (4) 1-car enclosed garages, (5) driveway parking spaces, primarily hardscaped low-maintenance grounds, community laundry room with coin-operated washer and dryer, and added value in the costs for completed LADBS Soft-Story Retrofit Compliance in December 2021. Current Monthly Rents $5,766.80/Gross Monthly; Unit 1: $1,456/mo; Unit #2: $1113.84; Unit #3: $937.04; Unit #4: $937.04; Unit #5: $1,322.88. This central North Hollywood location is adjacent to Studio City, Burbank, and Toluca Lake and in close proximity to the Metro B Line (Red) North Hollywood station and just minutes from the 170 and 101 freeways providing short easy access to Hollywood, Downtown LA, Pasadena and more. The business rich area is highly desirable for rentals with consistent demand, surrounded by the studios and entertainment industry, Burbank airp

***NEW CONSTRUCTION 5 SFRs IN NOHO 4.77 CAP*** Looking for a modern and stylish rental property in a vibrant community to add to your portfolio? Look no further than Hazelhurst 5, a newly built small-lot subdivision in the heart of NoHo. This unique community offers 5 unique single-family, detached homes that are each well appointed and beautifully designed. There are three 2-bedroom, one 3-bedroom and one 4-bedroom homes...two of the homes have roof top decks! One of the standout features of Hazelhurst 5 is the abundance of natural light that fills each home. Each home is a corner unit with oversized windows that allows you to enjoy breathtaking views of the San Gabriel Mountains and the Hollywood Hills. The kitchens are designed with both style and functionality in mind, featuring ample cabinetry, quartz countertops, and stainless steel appliances. Plus, every home comes with an LG stackable washer and dryer for added convenience. Safety is also a top priority in this community, with a retractable gate at the front and attached two-car garages for each home. Inside, wide-plank LVP flooring adds a touch of elegance but also ensures durability and easy maintenance. And since outdoor living is a must in Southern California, Hazelhurst 5 offers balconies on every unit and rooftop d

We are pleased to present an 11-unit apartment building nestled in North Hollywood. The property boasts a gated entrance, an inviting courtyard for its residents, community laundry facilities, and ample parking, ensuring convenience for all. Moreover, there's significant potential for increased rental income, as current rents are below market rates. Constructed in 1977, this 7,030 square foot, 11-unit building occupies an 11,988 square foot lot zoned R3. It's ideally situated on Victory Blvd in the North Hollywood neighborhood, offering easy access to shopping, dining, and public transportation. The Red Line is just over a mile away, granting residents seamless connectivity to the 170, 5, and 101 freeways. The property is also close to the vibrant NOHO Arts District, Burbank Airport, University City, Victory-Vineland Recreation Center, Valley Plaza Park, and North Hollywood Park.

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 35% 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 $927,000 per year, increasing the buyer's CAP rate to 8.05%!The location of 5020 Tujunga Ave in North Hollywood is particularly noteworthy. Nestled in a vibrant and evolving area, this property benefits from its proximity to key commercial and entertainment hub

Located on Willowcrest Avenue in North Hollywood, California, this multifamily investment is a great opportunity for those looking for a clean building with updated electrical and complete seismic retrofit. Offering a unit mix of (7) - 1 bed / 1 bath and (1) - studio / 1 bath a buyer will have the opportunity to capture huge rental upside through renovations.

Bow Truss architectural gem in the heart of the NOHO Arts District. This property features a wide open design with exposed beams and polished concrete floors - with 4,675 square feet on the ground level, plus a large loft/mezzanine area situated on a 6,003 SF lot. Ideally located directly in the densely populated and thriving Arts District just steps to Amazon Fresh, WeWork workplace, Laemmle 7 theaters, and talks of a soon to come 7-story hotel featuring commercial space and 125 rooms. 5018 Lankershim benefits from excellent visibility and 56 feet of frontage along highly trafficked Lankershim Blvd and is within the State Enterprise and Opportunity Zone. The property features 2 parking spots in the back with the possible potential to expand with reconfiguration to the rear of the building - in addition to 2 private offices, 3 bathrooms, and plenty of storage. Property is currently owner occupied and can be delivered vacant.

Welcome to this Wonderful World Class Recording Studio. Recently Completed with an incredible creative environment that allows every artist to receive the highest quality professional sound recording & mixing. The studio was built & designed by Progressive Designs Inc. who among others, built Studios for Bruno Mars and Lady Gaga. Your dreams will come to fruition in this amazing sonic space which consists of a Studio A, the main room, and Studio B, the Production room. The essential key to the creative process is an environment which cultivates the artist so they can be immersed and focused on his or her vision. The entire studio complex does exactly that. From the hip vibes and positive energy you get from chilling in the lounge or playing a game of pool, this studio evokes the best of the best. The custom Augsburg monitors are perfectly tuned in the room to deliver the most accurate visual image for the artist to hear. This is a must see, special & unique recording environment that personifies a superb canvas for any artist to bring their imagination to vivid reality. An absolutely impeccable recording space, do not miss this rare find where artists dreams do come true.

Welcome to this Wonderful World Class Recording Studio. Recently Completed with an incredible creative environment that allows every artist to receive the highest quality professional sound recording & mixing. The studio was built & designed by Progressive Designs Inc. who among others, built Studios for Bruno Mars and Lady Gaga. Your dreams will come to fruition in this amazing sonic space which consists of a Studio A, the main room, and Studio B, the Production room. The essential key to the creative process is an environment which cultivates the artist so they can be immersed and focused on his or her vision. The entire studio complex does exactly that. From the hip vibes and positive energy you get from chilling in the lounge or playing a game of pool, this studio evokes the best of the best. The custom Augsburg monitors are perfectly tuned in the room to deliver the most accurate visual image for the artist to hear. This is a must see, special & unique recording environment that personifies a superb canvas for any artist to bring their imagination to vivid reality. An absolutely impeccable recording space, do not miss this rare find where artists dreams do come true.

Located in the heart of Valley Village, this spacious single story retail / office space is ready and suitable for multiple uses and 1st time on the open market in years. Very central location, between Chandler Blvd and Magnolia Street among rows of other established businesses. Ideal space for OWNER USER (current tenant's lease is expiring end of September 2024) with SBA financing a good option. OR if you're just looking as an investment, the current long term tenant is willing to sign a new lease with new terms. Spacious space, open floor plan, high ceilings, large main showroom space, has private office, 2 bathrooms, break area and small sitting area. Mix of private parking and free street parking. Very central location, minutes away from the 101 & 170 freeways, NoHo area, Hollywood, Burbank, DTLA and Ventura Blvd. Motivated Seller. PLEASE DO NOT DISTURB THE TENANT, SHOWN BY APPOINTMENT ONLY.

Discover the perfect blend of commercial opportunity and residential comfort with this mixed-use property featuring a spacious front retail store boasting 50 feet of prime frontage on Lankershim Blvd. Ideal for entrepreneurs seeking high visibility and foot traffic, this property also includes a charming 2 bedroom, 1. bathroom house complete with an attached garage for two cars. Front retail building has 2 bathrooms, one in the office and one for the showroom. Whether you're looking to establish your business presence or enjoy the convenience of living and working in one location, this property offers endless possibilities.

The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. The rent survey conducted for this property indicates significant upside upon the relaxation of Covid restrictions by both the City and County of Los Angeles. Rents have not been increased for some time and the rent increase freeze may be lifted early2024. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.

INVESTMENT HIGHLIGHTS: Hard to-find asset in the desirable Valley Village market; New roof - 2024; Seismic retrofit completed 2024; Capital expenditure pass-through to tenants being approved by the City; Rental income increase with capital expenidture pass-through; Excellent unit mix of Three (2+2), One (3+1) and Three (1+1) apartments; Owner's Three-bedrom unit wth private patio; Some units have fireplaces; New windowsNew fences, new stairs, new exterior paint; Bright and spacious units, on-site parking and laundry; Located just north of Magnolia Boulevard on a quiet tree-lined street.

This property has 2 APN numbers and must be sold together (APN 2419-020-004 and APN 2419-020-005). Multiple buildings on property. Total lot square footage is approximately 11,860 sq. ft. and total building square footage is approximately 3702 sq. ft. Building is currently being used as a school. Located in the heart of North Hollywood with close proximity to Toluca Lake and Studio City, the 170 and 134 freeways. Owner will not carry. Buyer to perform due diligence with the County of Los Angeles and all public records regarding lot and building dimensions.

Over 30 empty burial spaces available for way below market value in the beautiful Valhalla Memorial Park Cemetery. The owner of these serene spaces privately owns a portion in the cemetery but is selling of his spaces privately / individually. If multiple spaces are purchased together, the owner is willing to sell for even less! These spaces have doubled in market value over the last few years. The Cemetery itself is home to Veteran heroes, old Hollywood royalty, aviation pioneers & many other locals that have found their final resting place here. The cemetery is located in a haven of tranquility, these sacred grounds offer more than just a final resting place, they provide a sanctuary for cherished memories to bloom eternally. The property remains well maintained & includes many warming features such as fountains, endless greenery, trees, scenic mountain views, watersides, memorials, museums, daily service & maintenance, & much more..... The listing price is per space. Single lots currently range from $20,995 & up to $32,995. Please feel free to reach out for further details.

Two lots with their own parcel number, containing 7-single story units, with 4298 building sq/ft, with a combined 13505 sq/ft lot. One Parcel on 6727 Camellia Ave has a Triplex, is zoned RD2, and has a 6752 sqft lot. Second one on 6726 Beck ave has a fourplex, is zoned RD1.5, and has a 6753 sqft lot. Both properties must be sold together or individually with a concurrent close contingency. They have good access to 5 Fwy & 170 Fwy, and just east of Burbank. Each units has their own electric and gas meter. Property has Six 2-car tandem parking spots and one single parking spot. It has a private yard and a laundry room on site. Lot with the Fourplex has two 1-bedroom units and two 2-bedroom units, with two units built in 2004. The Lot with the Triplex has two 1-bedroom units and a 2-bedroom unit. A 1-bedroom unit expected to be vacant by June 1st.

Turnkey Auto Body Shop & Prime Commercial Property - Your Opportunity Awaits!! Unlock the doors to success with this rare gem! This commercial free-standing building is your one-stop-shop for entrepreneurial triumph. Nestled in a High-traffic area.Fully-equipped auto body shop ready for action. High visibility and accessibility for maximum foot traffic. Ample parking for convenience. Prime location with growth potential. Whether you're an industry pro, looking to expand or a savvy investor seeking a lucrative venture, this is your golden ticket! Don't miss out on this dynamic duo a thriving business and a valuable property in one.

Marcus and Millichap is proud to present the opportunity to acquire 4710 Colfax Avenue, a timeless 8-unit apartment community set in a highly accessible pocket of North Hollywood. Located amongst a diverse set of single family homes, high-end condominiums, and low-density multifamily buildings, the property offers renters a special mix of a suburban and urban landscape. The property lies less than a ten-minute drive to Toluca Lake, Sherman Oaks, Valley Village, and Studio City. The property sits just minutes from the 101 and 170 intersection providing renters with swift access to Downtown Los Angels, Hollywood, Burbank, and other major employment hubs of L.A. County. Renters enjoy the close proximity to the world class amenities of the North Hollywood Arts District, Studio City's Silver Triangle and the endless array of shops and restaurants along Ventura Blvd in Sherman Oaks just a few miles away. The property boasts a great walk score of 78 allowing most errands to be accomplished without the need for a car. The property improvements are comprised of an approximately 7,532 +/- square foot wood frame and stucco structure on a roughly 9,800 square foot lot. The property features an outstanding unit mix of one (1 bed +1 bath ), six (2 bed +1.5 bath ), and one (3 bed + 2 bath) unit