6937 Simpson Avenue

North Hollywood, CA 91605

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,696 Sqft
  • 7907
    Sqft(Lot)
$3,295,000

Description

Lowest priced new construction property in the north hollywood market. enormous nearly 10,000 square foot 6 unit (4+2) for only $340/square foot and under $550k/door. excellent unit mix with townhome style layouts consisting of (1) 6 bed/4 bath unit, (1) 5 bed/4 bath unit, (2) 4 bed/3 bath units, and (2) 2 bed/1 bath adus. brand new 2025 construction that's non-rent controlled, ab1482 exempt, and located in an opportunity zone. super strong real in-place income with 5 out of 6 units leased and a grm of 12.5 with a cap rate of nearly 6%. luxury interior finishes and modern floor plans with light, bright open concepts, overhead lighting, ac, in-unit laundry, stainless steel appliances and high-end cabinetry (23) bedrooms and (16) bathrooms make for super attractive unit sizes and maximum rents (6) parking spaces plus front and rear yards to the property (5) electrical meters, (4) gas meters, and (4) separate water meters plus a rooftop solar system for efficient utility management.



excellent north hollywood location close to everything la has to offer. minutes from the burbank airport as well as the 170, 134, and 101 freeways. extensive retail options just down the street at noho west and close to the noho arts district for theaters, art galleries, cafes, and boutique shops. average household income within 5 miles of over $99,000 per costar. walk score of 73/100

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Modern

  • AD ID

    49880700

Sell a home like this and save $197,201 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Flat
    • Property Appliances: Electric Oven,Electric Range,Gas Oven,Gas Range
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • Heat Pump
    • Air Conditioning

    Heating Source

    • Heat Pump
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 2025
    • Building Area Total: 9,696
    • Construction: Stucco
    • Roof: Flat

    Foundation

    • Slab

    Security Features

    • Security Gate

    Pool Features

    • None

    Laundry Features

    • Inside

    Fencing

    • Block,Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1815
    • Lot Size Source: Estimated
    • Lot Size Square Feet: 7907

  • Listing Price Information

    • Original List Price: 3,295,000
    • Listing Contract Date: 2025-05-16

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2321016006

  • Garage and Parking

    • Garage Description: Driveway,Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: NHO - North Hollywood
    • Postal Code Plus 4: 6120
    • Directions: North of Vanowen, West of Lankershim
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: NHO - North Hollywood
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 0
    • Common Walls: 2+ Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 05/23/2025 @ 04:19

  • MLS: SB25112756
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 9,696 sqft, 7,907 sized lot, and 0 parking. are nearby neighborhoods.