$1,150,000

6833 Simpson Avenue, North Hollywood (los Angeles), CA 91605

  • 7,908 sqft
  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $145/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

We are proud to present for sale a redevelopment opportunity in the North Hollywood area near Burbank Airport. Boasting 7,905 SF of land with 60 feet of frontage, this RD1.5 Tier 2 TOC lot comes with Entitlements for 48 Affordable Units, which can be provided as they currently are, in their early stage of submittal and design. The property features an Ellis'd vacant duplex, situated in a Low Medium II Residential General Plan area, in an Opportunity Zone (QOZ), benefitting from a High Quality Transit Corridor within half a mile, and from a Transit Oriented Incentive Area (TOIA) 1. Utilize the duplex for conventional financing, while renting it out short term while designing the perfect project with the new rules allowing you to maximize what can be built on site, or focus on market rate units with some low income offerings, adding ADUs and blending into the neighborhood! Just north of the NoHo Arts District, with easy access to the Airport and the concentration of jobs in the area, the 170 freeway, the new NoHo West, markets, nightlife and just about anything that your future tenants may be looking for, the area has seen a tremendous rebirth over the last two decades. The existing Project will not be delivered RTI, but with today's streamlined submittal process, get ready to brea

Listing Status:
Active
Date Added:
November 5, 2025
Data Last Updated:
February 8, 2026 at 7:06AM
Listing Office:
Keller Williams Beverly Hills : 310-432-6400
Listing Agent:
Dario Svidler : 424-600-7633
MLS ID:
CL25615317
  • County: Los Angeles
  • Zoning: RD1.2321019005
  • View: None
  • Utilities: Other Water/Sewer
  • Sewer: Other

Presented by Veterans United Realty

This listing courtesy of Dario Svidler , Keller Williams Beverly Hills

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bellingham Elementary

6728 Bellingham Ave, North Hollywood, CA, 91606

Grades KG-5

0.55 miles away

R

Roy Romer Middle School

6501 Laurel Canyon Blvd, North Hollywood, CA, 91606

Grades 6-8

0.58 miles away

C

Charles Leroy Lowman Special Education and Career Transition Center

12827 Saticoy St, North Hollywood, CA, 91605

Grades KG-12

1.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.