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$3,195,000
17 Beds 21 Baths 26986171 MLS
Recently Built, Fully Leased Income Property, NO Lease-Up required | Non-RSO | No Rent Control. A rare find for investors who want proven year-over-year cash flow, not construction risk. 6926 Morella Avenue is a recently completed, 100%-leased 5-unit property generating $227,988 in current annual income, already stabilized from day one. Unlike a vacant new-construction building that may still require months of marketing, screening, and lease-up before stabilization, this property is cash-flowing now, with rents already within ~3% of market. Built for Minimal Landlord Involvement: Every unit is separately metered for utilities; tenants pay their own electric, gas, and water. Landlord responsibility is limited to property tax, insurance, and minimal gardening, made even lighter by pavers, concrete hardscape, and drought-tolerant landscaping throughout the nearly 8,000 SF lot. This is about as close to a hands-off operating expense structure as ground-up construction gets. Non-RSO, No Rent Control, SB 8 Exempt. As recently constructed housing, the property falls outside LA's Rent Stabilization Ordinance and carries no affordable-housing covenant restrictions, full rental rate freedom, with none of the entanglements that come with older buildings, covenant-encumbered affordable housing, or RSO-covered buildings. Three detached buildings, including one fully standalone unit, sit on an oversized ~8,000 SF lot with ample on-site parking, a genuine differentiator in an infill submarket where many comparable properties offer little or none. Units are townhouse-style with multiple private balconies and patios throughout. Ideal for 1031 exchange buyers who want documented, in-place income rather than a speculative lease-up; cost segregation buyers drawn to the high depreciable basis of new construction; and professionals and business owners who want a low-touch, low-opex asset in one of the San Fernando Valley's most in-demand rental submarkets, minutes from Universal Studios, Warner Bros., and the NoHo Arts District.

6926 Morella Ave, North Hollywood

Courtesy of Beverly & Company Luxury Properties, Cesar Leyva - CA DRE#01490664

$3,195,000
17 Beds 21 Baths 26986171 MLS
Recently Built, Fully Leased Income Property, NO Lease-Up required | Non-RSO | No Rent Control. A rare find for investors who want proven year-over-year cash flow, not construction risk. 6926 Morella Avenue is a recently completed, 100%-leased 5-unit property generating $227,988 in current annual income, already stabilized from day one. Unlike a vacant new-construction building that may still require months of marketing, screening, and lease-up before stabilization, this property is cash-flowing now, with rents already within ~3% of market. Built for Minimal Landlord Involvement: Every unit is separately metered for utilities; tenants pay their own electric, gas, and water. Landlord responsibility is limited to property tax, insurance, and minimal gardening, made even lighter by pavers, concrete hardscape, and drought-tolerant landscaping throughout the nearly 8,000 SF lot. This is about as close to a hands-off operating expense structure as ground-up construction gets. Non-RSO, No Rent Control, SB 8 Exempt. As recently constructed housing, the property falls outside LA's Rent Stabilization Ordinance and carries no affordable-housing covenant restrictions, full rental rate freedom, with none of the entanglements that come with older buildings, covenant-encumbered affordable housing, or RSO-covered buildings. Three detached buildings, including one fully standalone unit, sit on an oversized ~8,000 SF lot with ample on-site parking, a genuine differentiator in an infill submarket where many comparable properties offer little or none. Units are townhouse-style with multiple private balconies and patios throughout. Ideal for 1031 exchange buyers who want documented, in-place income rather than a speculative lease-up; cost segregation buyers drawn to the high depreciable basis of new construction; and professionals and business owners who want a low-touch, low-opex asset in one of the San Fernando Valley's most in-demand rental submarkets, minutes from Universal Studios, Warner Bros., and the NoHo Arts District.

6926 Morella Avenue, North Hollywood

Listing courtesy of Listing Agent: Cesar Leyva (Cesar@CesarLeyva.com) from Listing Office: Beverly & Company Luxury Properties.

$3,175,000
BB26194694 MLS
5709 W Auckland is a 2024-built, NON-RENT-CONTROLLED luxury 5-unit investment opportunity located just minutes from the NoHo Arts District. The property is 100% leased at market rents and delivers a strong 5.94% real cap rate with $243,720 in annual gross potential income, offering an investor immediate, stabilized cash flow from day one. Spanning nearly 8,000 square feet, Auckland features an exceptional oversized unit mix with four large 4-bedroom units and one 2-bedroom unit. The residences range up to an impressive 2,146 square feet and feature spacious, tenant-friendly floorplans that live more like private homes than traditional apartments. Each unit offers high-end modern finishes including large kitchen islands, floor-to-ceiling windows, built-in closets, central HVAC, in-unit Samsung washers and dryers, and expansive private decks and balconies. The location provides tenants with convenient access to the NoHo Arts District and the surrounding Studio City, Toluca Lake, Burbank, and Hollywood employment and entertainment corridors. Nearby dining, retail, Metro access, and major studios including Universal Studios, Warner Bros., and The Walt Disney Company support a deep renter pool of working professionals seeking newer, higher-end housing in the Valley. With newer construction, no rent control, fully stabilized market rents, oversized units, and strong day-one income, 5709 W Auckland offers a rare opportunity to acquire a turnkey multifamily asset in one of the Valley's most active rental markets.

5709 Auckland, North Hollywood

Listing courtesy of Listing Agent: Cheyenne Womack (cheyenne@myunits.com) from Listing Office: Myunits.com Inc..

$1,250,000
4 Beds 3 Baths GD26181843 MLS
Absolutely — I’d update it to accurately reflect the occupancy and remove the details you previously clarified about the ADUs: A versatile North Hollywood property offering a 3-bedroom, 1-bathroom main residence plus two additional living spaces, creating an excellent opportunity for extended family living, rental income, or a combination of both. The main home was updated several years ago with an updated kitchen and bathroom, newer flooring, and recessed lighting. The property also includes a converted garage serving as a junior ADU, featuring an open living area, kitchen, and private bathroom. A separate 1-bedroom, 1-bathroom ADU provides additional living space and rental income potential. The main house and junior ADU are currently occupied by the owner and will be delivered vacant at the close of escrow. The separate ADU is currently rented for $1,800 per month, and the tenant would like to remain. However, if the buyer prefers the ADU to be delivered vacant, it can be vacated at the close of escrow. With a 3-bedroom main residence, junior ADU, and separate 1-bedroom ADU, this property offers exceptional flexibility for multi-generational living, guest accommodations, or rental income. Conveniently located near shopping, dining, schools, transportation, and major freeways, this is a property worth exploring.

12327 Saticoy Street, North Hollywood

Listing courtesy of Listing Agent: Jack Kassabian (Jack@ikonpropertiesla.com) from Listing Office: Equity Union.

$1,399,000
6 Beds 5 Baths 26871921 MLS
Welcome to this beautiful 4-plex in the heart of North Hollywood, an exceptional opportunity for both investors and owner-occupants. Featuring a spacious 3-bedroom, 2-bath main residence plus three additional detached 1-bedroom units. This thoughtfully designed property offers the rare chance to live in a beautifully updated home while rental income from the other units helps offset or potentially cover your mortgage. The main residence has been renovated with modern design and finishes throughout, including engineered hardwood flooring, contemporary fixtures, and an open-concept layout ideal for comfortable living and entertaining. The updated kitchen features granite countertops, custom cabinetry, and stainless steel appliances, including a 6-burner gas range. The home also includes a spacious 2-car garage along with a private patio and yard, creating an inviting outdoor retreat. Complementing the main house are three newly built detached 1-bedroom units, each designed with stylish interiors, private entrances, and low-maintenance private yards, ideal for generating strong rental income, averaging $2,400/month per unit in rent. Whether leased long-term, used for extended family, or flexible living arrangements, these units create significant income potential, especially with the 2028 LA Summer Olympics around the corner. Located in vibrant North Hollywood, the property enjoys easy access to shops, restaurants, and entertainment, with NoHo West, the Burbank Empire Center, and the NoHo Arts District all just minutes away. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while three tenants help pay the mortgage, 6763 Case Ave offers a rare combination of lifestyle and investment potential.

6763 Case Ave, North Hollywood

Courtesy of The Beverly Hills Estates, Tyler Neale - CA DRE#02174473

$1,399,000
6 Beds 5 Baths 26871921 MLS
Welcome to this beautiful 4-plex in the heart of North Hollywood, an exceptional opportunity for both investors and owner-occupants. Featuring a spacious 3-bedroom, 2-bath main residence plus three additional detached 1-bedroom units. This thoughtfully designed property offers the rare chance to live in a beautifully updated home while rental income from the other units helps offset or potentially cover your mortgage. The main residence has been renovated with modern design and finishes throughout, including engineered hardwood flooring, contemporary fixtures, and an open-concept layout ideal for comfortable living and entertaining. The updated kitchen features granite countertops, custom cabinetry, and stainless steel appliances, including a 6-burner gas range. The home also includes a spacious 2-car garage along with a private patio and yard, creating an inviting outdoor retreat. Complementing the main house are three newly built detached 1-bedroom units, each designed with stylish interiors, private entrances, and low-maintenance private yards, ideal for generating strong rental income, averaging $2,400/month per unit in rent. Whether leased long-term, used for extended family, or flexible living arrangements, these units create significant income potential, especially with the 2028 LA Summer Olympics around the corner. Located in vibrant North Hollywood, the property enjoys easy access to shops, restaurants, and entertainment, with NoHo West, the Burbank Empire Center, and the NoHo Arts District all just minutes away. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while three tenants help pay the mortgage, 6763 Case Ave offers a rare combination of lifestyle and investment potential.

6763 Case Avenue, North Hollywood

Listing courtesy of Listing Agent: Tyler Neale (tyler@tylerneale.com) from Listing Office: The Beverly Hills Estates.

$1,150,000
4 Beds 4 Baths 26869673 MLS
Welcome to 6711 and 6713 St Clair Avenue, North Hollywood, a recently renovated two unite property that beautifully blends modern amenities with timeless charm. This is an excellent opportunity to take advantage of the 1031 Exchange. This fully renovated property, completed in 2018, offers a perfect mix of style and convenience in an amazing location near abundant shopping and entertainment options.Upon entering, you'll be greeted by an inviting living area highlighted by recessed lighting and a classic brick fireplace. The kitchen is a chef's dream, featuring sleek stainless steel appliances, quartz countertops, and durable laminate flooring. Upgraded electrical and plumbing systems ensure peace of mind and reliability. The backyard is a perfect retreat, beautifully adorned with lemon trees and a tiled section ideal for hosting gatherings. This income-generating property includes a fully rented Accessory Dwelling Unit (ADU) with its own address - 6711 St Clair Avenue. Fully furnished 1+1 ADU relatively new provides additional privacy with its own parking space, separate backyard, submeter, and individual water and gas meters. Experience the best of North Hollywood either living in this exceptional home or having a property already setup to earn passive income. Don't miss out on this fantastic opportunity! For more information, contact us directly. PLEASE, Do Not Disturb Current Tenants.

6713 Saint Clair Ave, North Hollywood

Courtesy of Compass, Angelo Fierro - CA DRE#01724787

$1,150,000
4 Beds 4 Baths 26869673 MLS
Welcome to 6711 and 6713 St Clair Avenue, North Hollywood, a recently renovated two unite property that beautifully blends modern amenities with timeless charm. This is an excellent opportunity to take advantage of the 1031 Exchange. This fully renovated property, completed in 2018, offers a perfect mix of style and convenience in an amazing location near abundant shopping and entertainment options.Upon entering, you'll be greeted by an inviting living area highlighted by recessed lighting and a classic brick fireplace. The kitchen is a chef's dream, featuring sleek stainless steel appliances, quartz countertops, and durable laminate flooring. Upgraded electrical and plumbing systems ensure peace of mind and reliability. The backyard is a perfect retreat, beautifully adorned with lemon trees and a tiled section ideal for hosting gatherings. This income-generating property includes a fully rented Accessory Dwelling Unit (ADU) with its own address - 6711 St Clair Avenue. Fully furnished 1+1 ADU relatively new provides additional privacy with its own parking space, separate backyard, submeter, and individual water and gas meters. Experience the best of North Hollywood either living in this exceptional home or having a property already setup to earn passive income. Don't miss out on this fantastic opportunity! For more information, contact us directly. PLEASE, Do Not Disturb Current Tenants.

6713 Saint Clair Avenue, North Hollywood

Listing courtesy of Listing Agent: Angelo Fierro (asklosangelo@gmail.com) from Listing Office: Compass.

$1,280,000
DW26171331 MLS
Fully permitted detached 2-bedroom, 1-bath ADU. COC is completed. ADU built 2025. ALL UNITS VACANT! Exceptional North Hollywood Income Property with ADU & Prime Development Potential! Discover an outstanding investment opportunity at 5334 Cleon Ave in the heart of North Hollywood. This versatile income property features two remodeled 2-bedroom, 1-bath units plus a newly added 2-bedroom, 1-bath ADU, creating three separate living spaces with excellent income-producing potential. Situated on a 6,038-square-foot LAR3-zoned lot, the property offers an exceptional combination of strong cash flow, owner-user flexibility, and long-term development upside. The remodeled front units provide comfortable, modern living, while the spacious 2-bedroom, 1-bath ADU adds valuable rental income or flexible space for extended family, guests, or a home office. Whether you're looking to maximize rental returns, occupy one unit while renting the others, or explore future development opportunities (buyer to verify with the City of Los Angeles), this property offers outstanding versatility. Ideally located just minutes from the NoHo Arts District, major studios, shopping, dining, entertainment, Metro access, and convenient freeway connections, this is a rare opportunity to own a high-demand property in one of the San Fernando Valley's most sought-after neighborhoods. Property Highlights: Two remodeled 2-bedroom, 1-bath units Newly added 2-bedroom, 1-bath ADU LAR3 zoning with future development potential (buyer to verify) Excellent cash-flow opportunity for investors Ideal owner-user property with multiple income streams Potential rental $7,800 (or more buyer to verify) ADU Permitted GAS, Electric and water heater all separate meters. Water Meter is 5334 Unit 1/A Certificate of Occupancy completed by City of L.A. Prime North Hollywood location near the NoHo Arts District, studios, restaurants, shopping, and public transportation A rare opportunity to own a turnkey multi-unit property with three income-producing residences in one of Los Angeles' fastest-growing rental markets.

5334 Cleon Avenue, North Hollywood

Listing courtesy of Listing Agent: Wendy Mancha-Barron (wendy.mancha@gmail.com) from Listing Office: New Chapter Realty.

$1,280,000
6 Beds 3 Baths DW26169507 MLS
Fully permitted detached 2-bedroom, 1-bath ADU Exceptional North Hollywood Income Property with ADU & Prime Development Potential! Discover an outstanding investment opportunity at 5334 Cleon Ave in the heart of North Hollywood. This versatile income property features two remodeled 2-bedroom, 1-bath units plus a newly added 2-bedroom, 1-bath ADU, creating three separate living spaces with excellent income-producing potential. Situated on a 6,038-square-foot LAR3-zoned lot, the property offers an exceptional combination of strong cash flow, owner-user flexibility, and long-term development upside. The remodeled front units provide comfortable, modern living, while the spacious 2-bedroom, 1-bath ADU adds valuable rental income or flexible space for extended family, guests, or a home office. Whether you're looking to maximize rental returns, occupy one unit while renting the others, or explore future development opportunities (buyer to verify with the City of Los Angeles), this property offers outstanding versatility. Ideally located just minutes from the NoHo Arts District, major studios, shopping, dining, entertainment, Metro access, and convenient freeway connections, this is a rare opportunity to own a high-demand property in one of the San Fernando Valley's most sought-after neighborhoods. Property Highlights: Two remodeled 2-bedroom, 1-bath units Newly added 2-bedroom, 1-bath ADU LAR3 zoning with future development potential (buyer to verify) Excellent cash-flow opportunity for investors Ideal owner-user property with multiple income streams Potential rental $7,800 (buyer to verify) Prime North Hollywood location near the NoHo Arts District, studios, restaurants, shopping, and public transportation A rare opportunity to own a turnkey multi-unit property with three income-producing residences in one of Los Angeles' fastest-growing rental markets.

5334 Cleon Avenue, North Hollywood

Listing courtesy of Listing Agent: Wendy Mancha-Barron (wendy.mancha@gmail.com) from Listing Office: New Chapter Realty.

$4,895,000
SR26167685 MLS
Canyon Glen Apartments is a 24-unit multifamily property located at 6944-6954 Coldwater Canyon Avenue in North Hollywood, California. The property consists of three separately parceled, two-story apartment buildings constructed between 1959 and 1960, totaling approximately 14,908 square feet on a combined approximately 28,089-square-foot LARD2-zoned site. The unit mix includes twenty-three one-bedroom + one-bathroom units and one two-bedroom + one-bathroom unit. The property has maintained approximately 98% average occupancy and offers a functional residential layout within an established San Fernando Valley neighborhood. Canyon Glen Apartments features landscaped grounds, twenty-five parking spaces, on-site laundry facilities, and a swimming pool. The three-building layout creates a low-density residential setting, with each building situated on its own parcel, resulting in a distinctive three-APN configuration. Electricity is individually metered, while water and gas are master metered. The property also includes laundry facilities and parking for residents. Any future development or accessory dwelling unit potential should be independently verified with the appropriate professionals and governmental agencies. Located in North Hollywood, the property offers convenient proximity to Studio City, Valley Village, Burbank, Van Nuys, Sherman Oaks, and Universal City. Nearby transportation routes include US-101, SR-170, Interstate 5, major surface streets, Metro bus service, and the North Hollywood Metro B Line station, providing convenient connections throughout the San Fernando Valley and greater Los Angeles area. The surrounding neighborhood offers a variety of retail, dining, parks, schools, and entertainment destinations. Nearby attractions include the NoHo Arts District, NoHo West, Universal Studios Hollywood, Westfield Fashion Square, Valley Plaza, and Los Angeles Valley College.

6944 Coldwater Canyon Avenue, North Hollywood

Listing courtesy of Listing Agent: Raymond Rodriguez (info@lucrumre.com) from Listing Office: Equity Union.

$1,299,999
SR26162076 MLS
Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 4 ADUs. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has an electrical and gas meter. Tenants are on a month-to-month lease. Per seller, there are two two-car garages, one rented at $500 a month, plus an extra monthly income for parking, tenants are not entitled to parking. With in-place rents below projected market levels, the asset offers immediate and long-term upside through rent growth, improved operations, and strategic repositioning. The property’s most compelling value-add is in the zoning and the large corner lot, providing you a huge opportunity to construct an additional four ADUs or start building a new 14,400 Sqft. complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, Universal Studios, and the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joe’s, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an "Eligible Site ED 1" and may be applied to a shelter or 100% Affordable Housing Project on the site (TOC). Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process. Please check with LADBS for the approved 2026 ADU California laws.

6944 Radford, North Hollywood

Listing courtesy of Listing Agent: Tony Diaz (tonymdiaz@outlook.com) from Listing Office: Smart Equity Realty Inc.

$3,795,000
23 Beds 20 Baths 26857873 MLS
Welcome to "The Case V" a brand-new, FULLY STABILIZED & RENTED 2025 townhome-style apartment building with $25,445/month rental income situated in the heart of the North Hollywood Arts District, adjacent to Toluca Lake. Built with a Senate Bill 8 exemption, this property is not subject to Los Angeles rent control, making it an exceptional investment opportunity. The property consists of four units plus an ADU, totaling 9,127 square feet on a spacious 7,000-square-foot lot. The well-designed unit mix includes two 5-bedroom, 4-bathroom units; two 5-bedroom, 4.5-bathroom units; and one 3-bedroom, 3.5-bathroom ADU. Each unit features an inunit washer and dryer, hardwood floors, stainless steel appliances, and recessed lighting, offering residents a luxurious, modern living experience. Listed at just $3,995,000, this turnkey investment delivers a 5.87% CAP rate (underwritten on 20% operating expenses w/ 4% vacancy rate) on in-place income in a prime location alongside many other newly constructed properties on the same street. Built with class and elegance by Thornton Development Group, the property showcases high-end finishes and meticulous craftsmanship. Nestled in a quiet residential neighborhood surrounded by new construction, 5651 Case Ave offers the perfect balance of tranquility and accessibility moments from the vibrant energy of the North Hollywood Arts District and the prestige of Toluca Lake. ELIGIBLE FOR 100% BONUS DEPRECIATION WITH ESTIMATED YEAR 1 FEDERAL TAX DEDUCTIONS OF APPROXIMATELY $193,000, VERIFIED BY A LEGITIMATE COST SEGREGATION EXPERT! Don't miss this exceptional opportunity to secure your place in one of Los Angeles' most sought after rental markets. Request the OM and a cost segregation estimate for bonus depreciation from the listing agent today!

5651 Case Ave, North Hollywood

Courtesy of Hollywood Estates, Oliver Thornton - CA DRE#01969227

$3,795,000
23 Beds 20 Baths 26857873 MLS
Welcome to "The Case V" a brand-new, FULLY STABILIZED & RENTED 2025 townhome-style apartment building with $25,445/month rental income situated in the heart of the North Hollywood Arts District, adjacent to Toluca Lake. Built with a Senate Bill 8 exemption, this property is not subject to Los Angeles rent control, making it an exceptional investment opportunity. The property consists of four units plus an ADU, totaling 9,127 square feet on a spacious 7,000-square-foot lot. The well-designed unit mix includes two 5-bedroom, 4-bathroom units; two 5-bedroom, 4.5-bathroom units; and one 3-bedroom, 3.5-bathroom ADU. Each unit features an inunit washer and dryer, hardwood floors, stainless steel appliances, and recessed lighting, offering residents a luxurious, modern living experience. Listed at just $3,995,000, this turnkey investment delivers a 5.87% CAP rate (underwritten on 20% operating expenses w/ 4% vacancy rate) on in-place income in a prime location alongside many other newly constructed properties on the same street. Built with class and elegance by Thornton Development Group, the property showcases high-end finishes and meticulous craftsmanship. Nestled in a quiet residential neighborhood surrounded by new construction, 5651 Case Ave offers the perfect balance of tranquility and accessibility moments from the vibrant energy of the North Hollywood Arts District and the prestige of Toluca Lake. ELIGIBLE FOR 100% BONUS DEPRECIATION WITH ESTIMATED YEAR 1 FEDERAL TAX DEDUCTIONS OF APPROXIMATELY $193,000, VERIFIED BY A LEGITIMATE COST SEGREGATION EXPERT! Don't miss this exceptional opportunity to secure your place in one of Los Angeles' most sought after rental markets. Request the OM and a cost segregation estimate for bonus depreciation from the listing agent today!

5651 Case Avenue, North Hollywood

Listing courtesy of Listing Agent: Oliver Thornton (oliver@hollywoodestates.com) from Listing Office: Hollywood Estates.

$999,000
4 Beds 3 Baths 26855165 MLS
Rare opportunity in North Hollywood! Privately gated and situated on a sprawling, flat LARD1.5-zoned lot, 6041 Cleon Avenue presents a unique live/work and investment opportunity with three separately functioning units and exceptional versatility. The front building offers an ideal workspace complete with soaring ceilings, abundant storage, a utility room, and a half bathroom - perfect for a home office, creative studio, or small business. The central residence features a convenient 3-bedroom, 1-bath floorplan with custom ceiling details, dual entrances, and private side and rear patios designed for comfortable everyday living and entertaining. Tucked away at the rear of the property, the detached 1-bedroom, 1-bath residence offers its own kitchen, laundry area, and outdoor space. Completing the property is a spacious detached storage building, offering valuable additional space for storage, hobbies, or a workshop. Behind its gated entrance, the property provides privacy, security, and incredible live/work flexibility, making it an ideal opportunity for owner-users, investors seeking multiple income streams, or buyers looking to offset their mortgage with additional rental income. All structures will be delivered vacant at the close of escrow, allowing the next owner to immediately customize the property to fit their vision.Ideally located just minutes from the vibrant NoHo Arts District, convenient access to renowned dining, shopping, entertainment, major studios, public transportation, and freeway access - placing the very best of North Hollywood right at your doorstep.

6041 Cleon Ave, North Hollywood

Courtesy of Equity Union, Aliza Tesar - CA DRE#02001690

$999,000
4 Beds 3 Baths 26855165 MLS
Rare opportunity in North Hollywood! Privately gated and situated on a sprawling, flat LARD1.5-zoned lot, 6041 Cleon Avenue presents a unique live/work and investment opportunity with three separately functioning units and exceptional versatility. The front building offers an ideal workspace complete with soaring ceilings, abundant storage, a utility room, and a half bathroom - perfect for a home office, creative studio, or small business. The central residence features a convenient 3-bedroom, 1-bath floorplan with custom ceiling details, dual entrances, and private side and rear patios designed for comfortable everyday living and entertaining. Tucked away at the rear of the property, the detached 1-bedroom, 1-bath residence offers its own kitchen, laundry area, and outdoor space. Completing the property is a spacious detached storage building, offering valuable additional space for storage, hobbies, or a workshop. Behind its gated entrance, the property provides privacy, security, and incredible live/work flexibility, making it an ideal opportunity for owner-users, investors seeking multiple income streams, or buyers looking to offset their mortgage with additional rental income. All structures will be delivered vacant at the close of escrow, allowing the next owner to immediately customize the property to fit their vision.Ideally located just minutes from the vibrant NoHo Arts District, convenient access to renowned dining, shopping, entertainment, major studios, public transportation, and freeway access - placing the very best of North Hollywood right at your doorstep.

6041 Cleon Avenue, North Hollywood

Listing courtesy of Listing Agent: Aliza Tesar (aliza@equityunion.com) from Listing Office: Equity Union.

$3,750,000
20 Beds 15 Baths 26856319 MLS
An Investor's Dream in the Heart of North Hollywood. Introducing an exceptional new-construction investment opportunity at 11223 Tiara Street. A rare five-unit residential income property thoughtfully designed for today's investor seeking strong cash flow, modern construction, and long-term appreciation.Situated on an approximately 7,000 SF lot, this architecturally designed development offers approximately 7,540 square feet of living space across five spacious residences, creating a truly unique asset in one of the San Fernando Valley's most desirable rental markets. The property consists of: Unit 1: 1,533 SF, Unit 2: 1,532 SF, Unit 3: 1,535 SF, ADU Unit 4: 1,471 SF, ADU Unit 5:1,469 SF. Every residence has been thoughtfully designed with spacious open floor plans, contemporary architecture, designer kitchens, premium cabinetry, modern fixtures, quality finishes, recessed lighting, and an abundance of natural light. The developer spared no expense in creating a product that stands apart from traditional multifamily investments, delivering large, home-style residences that appeal to today's premium rental market.Projected gross rental income is approximately $22,000 per month, providing investors with immediate income potential upon stabilization while benefiting from the advantages of brand-new construction and minimal deferred maintenance for years to come.One of the property's greatest strengths is its location. Positioned in the heart of North Hollywood, residents enjoy convenient access to the vibrant NoHo Arts District, the shopping, dining, and entertainment at NOHO West. The property also offers excellent connectivity to major studios, the Metro B Line, and the surrounding employment centers throughout the San Fernando Valley and greater Los Angeles.Whether you're completing a 1031 exchange, expanding a multifamily portfolio, or acquiring a newly constructed income-producing asset with exceptional long-term upside, 11223 Tiara Street represents a rare opportunity to own a turnkey investment that would be difficult and costly to replicate in today's development environment.Properties of this caliber, offering five newly constructed residences, substantial building square footage, premium finishes, and strong projected rental income, rarely become available. This is an opportunity to acquire a truly distinctive investment positioned for both immediate cash flow and long-term appreciation. **Potential opportunity for accelerated depreciation through a professional cost segregation study. Seller has not completed a cost segregation study, allowing a new owner to evaluate potential tax benefits. Buyers should consult their cpa regarding eligibility. No rent control via sb-8 exempt status.**

11223 Tiara St, North Hollywood

Courtesy of The Agency, Bradley Koulback - CA DRE#02021588

$3,750,000
20 Beds 15 Baths 26856319 MLS
An Investor's Dream in the Heart of North Hollywood. Introducing an exceptional new-construction investment opportunity at 11223 Tiara Street. A rare five-unit residential income property thoughtfully designed for today's investor seeking strong cash flow, modern construction, and long-term appreciation.Situated on an approximately 7,000 SF lot, this architecturally designed development offers approximately 7,540 square feet of living space across five spacious residences, creating a truly unique asset in one of the San Fernando Valley's most desirable rental markets. The property consists of: Unit 1: 1,533 SF, Unit 2: 1,532 SF, Unit 3: 1,535 SF, ADU Unit 4: 1,471 SF, ADU Unit 5:1,469 SF. Every residence has been thoughtfully designed with spacious open floor plans, contemporary architecture, designer kitchens, premium cabinetry, modern fixtures, quality finishes, recessed lighting, and an abundance of natural light. The developer spared no expense in creating a product that stands apart from traditional multifamily investments, delivering large, home-style residences that appeal to today's premium rental market.Projected gross rental income is approximately $22,000 per month, providing investors with immediate income potential upon stabilization while benefiting from the advantages of brand-new construction and minimal deferred maintenance for years to come.One of the property's greatest strengths is its location. Positioned in the heart of North Hollywood, residents enjoy convenient access to the vibrant NoHo Arts District, the shopping, dining, and entertainment at NOHO West. The property also offers excellent connectivity to major studios, the Metro B Line, and the surrounding employment centers throughout the San Fernando Valley and greater Los Angeles.Whether you're completing a 1031 exchange, expanding a multifamily portfolio, or acquiring a newly constructed income-producing asset with exceptional long-term upside, 11223 Tiara Street represents a rare opportunity to own a turnkey investment that would be difficult and costly to replicate in today's development environment.Properties of this caliber, offering five newly constructed residences, substantial building square footage, premium finishes, and strong projected rental income, rarely become available. This is an opportunity to acquire a truly distinctive investment positioned for both immediate cash flow and long-term appreciation. **Potential opportunity for accelerated depreciation through a professional cost segregation study. Seller has not completed a cost segregation study, allowing a new owner to evaluate potential tax benefits. Buyers should consult their cpa regarding eligibility. No rent control via sb-8 exempt status.**

11223 Tiara Street, North Hollywood

Listing courtesy of Listing Agent: Bradley Koulback (Bradleyk@theagencyre.com) from Listing Office: The Agency.

$2,750,000
SR26138956 MLS
Welcome to 11026 Oxnard St, a stunning newly built triplex that blends modern architecture, thoughtful design, and exceptional investment potential in the heart of North Hollywood. This one of a kind property features three beautifully designed townhome style residences, each offering spacious tri-level living with private attached garages and spectacular rooftop sky decks showcasing panoramic city views. Two of the residences offer approximately 1,700 square feet with 3 bedrooms and 3.5 bathrooms, while the third residence spans approximately 2,000 square feet with 3 bedrooms, 3 full bathrooms, and 2 half bathrooms, providing an ideal layout for larger households or flexible living arrangements. Each home is filled with natural light and features open concept living spaces, designer finishes, modern kitchens, generous bedroom suites, and private outdoor rooftop entertaining areas that create an exceptional indoor-outdoor lifestyle. Whether you’re looking to accommodate extended family, roommates, owner occupancy with rental income, or maximize your investment portfolio, this property offers outstanding versatility and strong rental appeal. Perfectly situated just moments from NoHo West, residents enjoy easy access to premier shopping, dining, entertainment, fitness centers, and everyday conveniences. The nearby North Hollywood Metro Station provides convenient access throughout Los Angeles, making this location highly desirable for commuters and tenants alike. Offering contemporary luxury, functional design, and an unbeatable location, 11026 Oxnard St presents a rare opportunity to own a trophy triplex in one of the San Fernando Valley’s most sought after neighborhoods.

11026 Oxnard St, North Hollywood

Listing courtesy of Listing Agent: Lilach Depas (lilachdepas@gmail.com) from Listing Office: Equity Union.

$1,750,000
PW26135380 MLS
Outstanding investment opportunity in the desirable Valley Glen neighborhood of North Hollywood, a highly sought-after submarket within the San Fernando Valley. This well-maintained five-unit property offers approximately 4,600 square feet of living space on a 6,566-square-foot lot and presents an ideal combination of immediate rental income and upside potential with three vacant units, including a beautifully rebuilt single-story 3-bedroom, 2-bath home with central A/C, providing the flexibility to lease at today's market rents, accommodate owner occupancy, or both. The property features a beautifully rebuilt single-story 3-bedroom, 2-bath home that has been completely renovated with quality finishes throughout, central air conditioning, and is currently vacant. Also included are two 2-bedroom, 1-bath units, including one vacant unit featuring a brand-new kitchen, new appliances, new flooring, and fresh interior paint. Completing the property are two 1-bedroom, 1-bath units, including one vacant unit that has also been updated with a brand-new kitchen, new appliances, new flooring, and fresh interior paint. Additional amenities include convenient rear carport parking, on-site attached laundry facilities, and an attractive unit mix that appeals to a broad tenant base. Ideally located across from Rhodes Avenue Park and near Valley College, the NoHo Arts District, shopping, dining, public transportation, and major freeway access, this property offers exceptional convenience for tenants. Whether you're an investor looking to maximize cash flow or an owner-user seeking to live in the 3-bedroom home while generating rental income, this is a rare opportunity in a sought-after location with tremendous income potential.

12408 Archwood, North Hollywood

Listing courtesy of Listing Agent: JP Park (jp@jppark.net) from Listing Office: Seven Gables Real Estate.

$2,700,000
12 Beds 10 Baths 26850669 MLS
We are pleased to present 11025 Blix, a brand-new 2025 four-unit community in the heart of Toluca Lake. The Property comprises two structures on a single8,260-square-foot lot a front duplex of two 4BR/3BA split-level townhomes and a rear pair of detached 2BR/2BA accessory dwelling units totaling 4,958 rentable square feet.Every unit was delivered with European cabinetry, stainless Samsung appliances, in-unit washer/dryer, vinyl-plank flooring, custom shades, and central HVAC. The property is gated and carries owned solar offsetting common-area load; the two front townhomes include four dedicated parking spaces. There is no deferred maintenance and the lowest reserve and repair tier appropriate for a 2025 build.By its 2025 vintage the asset is exempt from the City of Los Angeles Rent Stabilization Ordinance and California AB 1482, and the owner-friendly expense structure tenants pay trash, electric, and internet/cable on this all-electric property drives a clean operating profile. The all-new, low-touch configuration broadens the buyer pool well beyond a typical value-add four-unit to 1031 exchange buyers, private local investors, and first-time multifamily buyers seeking turnkey product.Offered at $2,700,000 $675,000 per unit and $545 per square foot the Property reflects a 5.27% cap rate on stabilized income, pricing approximately 3% below the sold-comp per-unit median while delivering a measurable yield premium to recent Toluca Lake and North Hollywood closings. A disciplined, clear-to-trade opportunity in an established Toluca Lake location.

11025 Blix St, North Hollywood

Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

$2,700,000
12 Beds 10 Baths 26850669 MLS
We are pleased to present 11025 Blix, a brand-new 2025 four-unit community in the heart of Toluca Lake. The Property comprises two structures on a single8,260-square-foot lot a front duplex of two 4BR/3BA split-level townhomes and a rear pair of detached 2BR/2BA accessory dwelling units totaling 4,958 rentable square feet.Every unit was delivered with European cabinetry, stainless Samsung appliances, in-unit washer/dryer, vinyl-plank flooring, custom shades, and central HVAC. The property is gated and carries owned solar offsetting common-area load; the two front townhomes include four dedicated parking spaces. There is no deferred maintenance and the lowest reserve and repair tier appropriate for a 2025 build.By its 2025 vintage the asset is exempt from the City of Los Angeles Rent Stabilization Ordinance and California AB 1482, and the owner-friendly expense structure tenants pay trash, electric, and internet/cable on this all-electric property drives a clean operating profile. The all-new, low-touch configuration broadens the buyer pool well beyond a typical value-add four-unit to 1031 exchange buyers, private local investors, and first-time multifamily buyers seeking turnkey product.Offered at $2,700,000 $675,000 per unit and $545 per square foot the Property reflects a 5.27% cap rate on stabilized income, pricing approximately 3% below the sold-comp per-unit median while delivering a measurable yield premium to recent Toluca Lake and North Hollywood closings. A disciplined, clear-to-trade opportunity in an established Toluca Lake location.

11025 Blix Street, North Hollywood

Listing courtesy of Listing Agent: Filip Niculete (info@laaa.com) from Listing Office: Marcus & Millichap.

$1,300,000
4 Beds 4 Baths 26847369 MLS
Presented for sale is 6850 Radford Avenue, a well-configured four-unit income property situated in the heart of North Hollywood. The offering comprises a single-family residence, two additional residential units, and a separately accessed accessory dwelling unit (ADU) providing an investor with a rare combination of immediate income, value-add upside, and long-term optionality. The anchor of the property is a spacious three-bedroom, two-bathroom single-family home, delivered vacant and ready for owner-occupancy or repositioning at market rents. The residence benefits from mature fruit trees in the front yard, lending a warm, established character befitting the neighborhood. A recently renovated two-bedroom, one-bathroom unit rounds out the primary residential component, featuring contemporary finishes throughout and strong tenant appeal. Completing the package is a well-executed one-bedroom, one-bathroom unit currently occupied and a thoughtfully finished garage conversion ADU with its own entrance and outdoor area. The property is well-served by dedicated parking and benefits from exceptional regional connectivity. Residents enjoy quick access to Hollywood Burbank Airport and are within easy reach of the 170, 134, and 101 freeways, placing the broader Los Angeles employment base within comfortable commuting distance.

6850 Radford Avenue, North Hollywood

Listing courtesy of Listing Agent: Will Tiao (will@tiaoproperties.com) from Listing Office: The Collective Realty.

$1,750,000
DW26127331 MLS
**INTEREST RATE BUYDOWN PROVIDED BY SELLER TO LOWER BUYER'S MORTGAGE PAYMENTS!** NEW, FULLY LEASED 4-UNIT PREMIUM INCOME PROPERTY in the strong North Hollywood rental market offering a STABILIZED 5.83% CAP RATE and 13.15 GRM! Unit mix consists of a duplex with (1) 3BD/2BA and (1) 1BD/1BA unit, and (2) 2BD/1.5BA ADUs in the building behind it. Construction just completed February 2026 (ADUs are ALL NEW construction, Duplex was completely renovated down to the studs). All units have separate electrical meters, entrances, addresses, dishwashers and in-unit laundry connections. Tenants PAY ALL utilities, trash and lawncare. All new electrical, plumbing, HVAC and appliances minimize operating costs and offer peace of mind for years to come. Shared courtyard between buildings is spacious yet intimate and can be easily configured for more communal living or more separation and privacy. Premium finishes, fully enclosed private yards, timeless contemporary design along with ample street parking enables buyer to command premium rents and longer term tenants. Superb Burbank adjacent location on a quiet residential street just minutes away from NoHo Arts District, shops, parks and transit. With gross rents over $11k monthly and $133k annually, this turn key property would be an superb addition to any investment portfolio.

6441 Satsuma Avenue, North Hollywood

Listing courtesy of Listing Agent: Randy Hui (randy@reirandy.com) from Listing Office: Realty One Group United.

$1,100,000
3 Beds 6 Baths 26845199 MLS
We are pleased to present 11017 Hartsook Street, a six-unit multifamily investment opportunity located in the heart of North Hollywood's NoHo Arts District. Over the past decade, this vibrant neighborhood has undergone significant revitalization, evolving into one of Los Angeles' premier live work and play destinations with a strong appeal to residents seeking a walkable, transit-oriented lifestyle. The surrounding neighborhood continues to benefit from significant public and private investment, supporting strong rental demand, long-term occupancy stability, and sustained appreciation potential.The property is ideally situated within walking distance of the North Hollywood Metro Station and the eclectic restaurants, cafs, boutiques, comedy clubs, and acting studios that define the NoHo Arts District. Additionally, the location provides exceptional access to many of Southern California's premier employers, including Disney, NBCUniversal, Warner Bros., and the broader Burbank Media District, making it an attractive housing option for professionals working in the entertainment and creative industries. The area is also supported by a strong healthcare employment base, with both Providence Saint Joseph Medical Center and Kaiser Permanente located nearby. The convenient connectivity to jobs in Downtown LA via the Metro Red Line subway, or the 101, 134, and 5 Freeways is another major bonus.Constructed in 1937, the property consists of three (3) one-bedroom/one-bath units, two (2) studio units, and one (1) bachelor unit encompassing approximately 2,958 square feet of rentable area on a 7,513 square foot lot. The unit mix caters to working professionals and individuals seeking an affordable housing option in one of the Valley's most dynamic neighborhoods.The asset presents investors with multiple avenues for value creation. In addition to stable in place cash flow, the property features rear alley access and three detached garages, two of which are currently vacant and may offer the potential for accessory dwelling unit (ADU) conversion (Buyer to verify). Furthermore, the property is zoned LAR4 and is located within both a Tier 2 Transit Oriented Incentive Area and a Tier 3 Transit Oriented Community, providing substantial long-term redevelopment optionality. Offered at approximately $372 per square foot, the property represents an estimated 38% discount to today's replacement cost of roughly $600 per square foot, providing investors with the opportunity to acquire an irreplaceable asset well below the cost of new construction.By right development potential is estimated at approximately 18 market rate apartment units, while additional density incentives, including ED1 and SB79 (Buyer to verify), may allow for the construction of 33 or more units. The combination of favorable zoning, proximity to a major transit hub, and continued public and private investment throughout North Hollywood positions the property for accelerated long term appreciation.11017 Hartsook Street represents a rare opportunity to acquire a well located multifamily asset with immediate income, clear operational upside, ADU potential, and exceptional redevelopment possibilities in one of Los Angeles' fastest growing submarkets. The property is offered at $183,333 per unit and $371.87 per square foot, presenting an attractive basis relative to the area's long term growth prospects and development potential.

11017 Hartsook St, North Hollywood

Courtesy of Marcus & Millichap, Gregory Shindler - CA DRE#02083460

$1,100,000
3 Beds 6 Baths 26845199 MLS
We are pleased to present 11017 Hartsook Street, a six-unit multifamily investment opportunity located in the heart of North Hollywood's NoHo Arts District. Over the past decade, this vibrant neighborhood has undergone significant revitalization, evolving into one of Los Angeles' premier live work and play destinations with a strong appeal to residents seeking a walkable, transit-oriented lifestyle. The surrounding neighborhood continues to benefit from significant public and private investment, supporting strong rental demand, long-term occupancy stability, and sustained appreciation potential.The property is ideally situated within walking distance of the North Hollywood Metro Station and the eclectic restaurants, cafs, boutiques, comedy clubs, and acting studios that define the NoHo Arts District. Additionally, the location provides exceptional access to many of Southern California's premier employers, including Disney, NBCUniversal, Warner Bros., and the broader Burbank Media District, making it an attractive housing option for professionals working in the entertainment and creative industries. The area is also supported by a strong healthcare employment base, with both Providence Saint Joseph Medical Center and Kaiser Permanente located nearby. The convenient connectivity to jobs in Downtown LA via the Metro Red Line subway, or the 101, 134, and 5 Freeways is another major bonus.Constructed in 1937, the property consists of three (3) one-bedroom/one-bath units, two (2) studio units, and one (1) bachelor unit encompassing approximately 2,958 square feet of rentable area on a 7,513 square foot lot. The unit mix caters to working professionals and individuals seeking an affordable housing option in one of the Valley's most dynamic neighborhoods.The asset presents investors with multiple avenues for value creation. In addition to stable in place cash flow, the property features rear alley access and three detached garages, two of which are currently vacant and may offer the potential for accessory dwelling unit (ADU) conversion (Buyer to verify). Furthermore, the property is zoned LAR4 and is located within both a Tier 2 Transit Oriented Incentive Area and a Tier 3 Transit Oriented Community, providing substantial long-term redevelopment optionality. Offered at approximately $372 per square foot, the property represents an estimated 38% discount to today's replacement cost of roughly $600 per square foot, providing investors with the opportunity to acquire an irreplaceable asset well below the cost of new construction.By right development potential is estimated at approximately 18 market rate apartment units, while additional density incentives, including ED1 and SB79 (Buyer to verify), may allow for the construction of 33 or more units. The combination of favorable zoning, proximity to a major transit hub, and continued public and private investment throughout North Hollywood positions the property for accelerated long term appreciation.11017 Hartsook Street represents a rare opportunity to acquire a well located multifamily asset with immediate income, clear operational upside, ADU potential, and exceptional redevelopment possibilities in one of Los Angeles' fastest growing submarkets. The property is offered at $183,333 per unit and $371.87 per square foot, presenting an attractive basis relative to the area's long term growth prospects and development potential.

11017 Hartsook Street, North Hollywood

Listing courtesy of Listing Agent: Gregory Shindler (Greg.Shindler@marcusmillichap.com) from Listing Office: Marcus & Millichap.

$1,250,000
SB26124609 MLS
11234 Hatteras Street presents a rare opportunity to acquire a 5-unit multifamily asset on an expansive 13,077 SF lot in the heart of North Hollywood, one of the San Fernando Valley’s most active and evolving rental submarkets. The property consists of 3,893 SF of existing improvements and features a desirable mix of 1, 2, and 3-bedroom units. With in-place rents below projected market levels, the asset offers immediate and long-term upside through rent growth, improved operations, and strategic repositioning. The property’s most compelling value-add opportunity is its significant ADU development potential. The large vacant side yard may provide the opportunity to construct up to five new ADUs, creating substantial additional rental income and long-term value. Illustrative development projections indicate the potential construction of five new 850 SF ADUs, resulting in a projected stabilized 7.0% cap rate and an estimated exit value of approximately $2,650,000, representing roughly $400,000 in potential value creation before any additional upside achieved through repositioning the existing units. Based on the seller’s preliminary assumptions, the project could potentially generate a 156% return on equity over an estimated 18-month period utilizing 90% LTV financing. Buyer to independently verify all development costs, financing assumptions, rental projections, cap rates, timelines, and projected returns. The location further strengthens the investment story. The property is positioned near the NoHo Arts District, North Hollywood Metro Station, NOHO West, and the planned District NoHo development, a transformative transit-oriented mixed-use project expected to bring new housing, retail, office space, public open areas, and enhanced transit infrastructure to the neighborhood. As North Hollywood continues to attract new investment, residents, employers, and entertainment venues, 11234 Hatteras Street offers investors a unique combination of stable in-place income, rental upside, and exceptional ADU-driven development potential.

11234 Hatteras, North Hollywood

Listing courtesy of Listing Agent: Cameron Samimi (cameron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

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Based on information from CRISNet MLS as of 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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