6833 Simpson Ave #6835

North Hollywood, CA 91605

A near-RTI development opportunity in the heart of North Hollywood.

Sales Price $1,400,000

Beds

3

Baths

2

Home Size

1312 Sq. Ft.

Lot Size

7908 Sq. Ft.

Request a Showing — 6833 Simpson Ave #6835

When would you like to see it?

This field is hidden when viewing the form
MM slash DD slash YYYY
Select a date
Aug 30Sat
Aug 31Sun
Sep 01Mon
Sep 02Tue
Sep 03Wed
Sep 04Thu
Sep 05Fri
Sep 06Sat
Sep 07Sun
Sep 08Mon
Sep 09Tue
Sep 10Wed
Sep 11Thu
Sep 12Fri
Sep 13Sat
Sep 14Sun

Step 1 of 2

Next Step

A near-RTI development opportunity in the heart of North Hollywood.

Situated on a 7,905 square foot LARD1.5-zoned lot with generous dimensions of 131.75 feet by 60 feet, the property currently features a vacant duplex (2+1, 1+1) and is in the final stages of approval for a 52-unit affordable housing development. The project has already secured Zoning (RD1.5), Fire Department, DAS and PZA approvals. Planning Department, Building & Safety and LID review are pending making it an almost RTI opportunity ideal for developers seeking a near-immediate path to construction. In addition to the nearly approved affordable housing plan, the property also qualifies for alternative development options under current zoning, including nine market-rate apartment units with parking, or seven townhomes plus two ADUs also with parking (Buyer to verify). A new owner also has the option to renovate and rent the existing vacant duplex as an income producing rental property. This flexibility allows investors to tailor the project to their investment goals, whether delivering mission-driven affordable housing or pursuing a market-rate strategy in a high-demand area. Offered at $1,400,000, or just $177.10 per square foot of land, the property presents an attractive land basis for a development site with entitlement momentum in one of Los Angeles' most connected neighborhoods. North Hollywood continues to grow as a major residential and employment hub, supported by access to the Metro Red Line, the revitalized NoHo Arts District, and close proximity to major entertainment and creative industry employers.

This home located at 6833 Simpson Ave #6835 is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $1,400,000. It has 3 beds and 2 bathrooms. The property was built in 1946. 6833 Simpson Ave #6835 is in the North Hollywood community of Los Angeles County.

Quick Facts

  • 8 days on market
  • Built in 1946
  • Total parking spaces 4Car
  • Parking Space
  • Community | North Hollywood
  • MLS# | 25575585

Features

  • None Cooling
  • None Heat
Connect with an agent
(10)

Colleen Buerge

Partner | DRE #01875348

Listed By Jake Glaser · Lyon Stahl Investment Real Estate, Inc.

Similar Listings

Property Photo from MLS

7436 Lankershim Blvd

North Hollywood, CA 91605

Bed

3

Bath

0

Sq Ft.

2165

Price

$1,300,000

12244 Todd Ct

North Hollywood, CA 91605

Bed

6

Bath

4

Sq Ft.

2174

Price

$1,399,000

Open House!
Property Photo from MLS

6916 Bellingham Ave

North Hollywood, CA 91605

Bed

6

Bath

4

Sq Ft.

2111

Price

$1,349,000

Is this property not for you? Let us know what you are looking for!

We're home matchmakers. Let's connect and we can bring listings directly to you — including off-market opportunities.

Subscribe to our weekly newsletter
This field is hidden when viewing the form
This field is hidden when viewing the form
This field is hidden when viewing the form
Secret Link