CA > North Hollywood
North Hollywood, CA 91605,6833 Simpson Ave #6835
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North Hollywood, CA 91605,6833 Simpson Ave #6835
North Hollywood, CA 91605,6833 Simpson Ave #6835
North Hollywood, CA 91605,6833 Simpson Ave #6835
North Hollywood, CA 91605,6833 Simpson Ave #6835
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Donny Piwowarski

Donny Piwowarski

+1(209) 740-1004
$ 1,400,000
Est. payment /mo
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6833 Simpson Ave #6835 North Hollywood, CA 91605

3 Beds

2 Baths

1,312 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,312 sqft

Price per Sqft $1,067

MLS Listing ID 25575585

Bedrooms 3

Year Built 1946

Lot Size 7,908 Sqft

Acres 0.1815

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Parking Space

Garage Spaces 4.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.
agent

Donny Piwowarski

Broker | License ID: 01444374

+1(209) 740-1004

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