$1,400,000

6833 Simpson Ave Unit 6835 North Hollywood, CA 91605

North Hollywood Neighborhood

Estimated payment $7,890/month

Total Views 163
0.18 Acre
$7,713,499 Price per Acre
7,905 Sq Ft Lot

About This Lot

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.

Listing Agent

Jake Glaser

Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 07/14/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Spencer Chan

Lyon Stahl Investment Real Estate, Inc. License #02197531

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,635

Lot Details

  • 7,905 Sq Ft Lot
  • Level Lot
  • Property is zoned LARD1.5

Listing and Financial Details

  • Assessor Parcel Number 2321-019-005

Property Details

Property Type

Land

Est. Annual Taxes

$1,635

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1815
  • Probate: No
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 2321-019-005
  • Lot Size Area: 7905
  • Present Use: Vacant duplex with 1,312 existing square feet. One 2-bedroom / 1-bathroom unit and one 1-bedroom / 1-bathroom unit.
  • Site Decription: Flats
  • Topography: Flat

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,635 $112,050 $71,768 $40,282
2023 $1,608 $109,854 $70,361 $39,493
2022 $1,540 $107,701 $68,982 $38,719
2021 $1,516 $105,590 $67,630 $37,960
2019 $1,475 $102,460 $65,625 $36,835
2018 $1,387 $100,452 $64,339 $36,113
2016 $1,313 $96,553 $61,842 $34,711
2015 $1,296 $95,104 $60,914 $34,190
2014 $1,315 $93,242 $59,721 $33,521
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $1,400,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 Chicago Title Company
Grant Deed $1,000,000 Chicago Title Company
Source: Public Records

Source: The MLS

MLS Number: 25565197

The MLS

APN: 2321-019-005

California Los Angeles County North Hollywood 91605 North Hollywood

6833 Simpson Ave Unit 6835, North Hollywood, CA

This home is located at 6833 Simpson Ave Unit 6835, North Hollywood, CA 91605 and is currently priced at $1,400,000. 6833 Simpson Ave Unit 6835 is a home located in Los Angeles County with nearby schools including Victory Boulevard Elementary School, Roy Romer Middle School, and North Hollywood Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Jake Glaser
Listing Agent
Jake Glaser
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Lyon Stahl Investment Real Estate, Inc.
(747) 326-5820