6937 Simpson Avenue
North Hollywood, CA 91605
- – beds
- – baths
- – sqft
- 7,907 sqft lot
- 2025 build
- – on site
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
Last checked:
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Last updated May 21, 2025
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MLS# SB25112756 —
The Building
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Year Built:2025
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Year Built Source:Assessor
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New Construction:Yes
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Construction Materials:Stucco
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Building Area Total:9696.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:2
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Architectural Style:Modern
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Roof:Flat
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Foundation:Slab
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Stories Total:3
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Entry Level:1
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Common Walls:2+ Common Walls
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Faces:East
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# of Separate Gas Meters:4
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# of Separate Water Meters:4
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# of Separate Electric Meters:5
Interior
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Levels:One
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Entry Location:Front
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Flooring:Laminate
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Location
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Directions:North of Vanowen, West of Lankershim
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Latitude:34.19698800
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Longitude:-118.38925400
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LARD1.5
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Lot Features:Rectangular Lot
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Lot Size Area:7907.0000
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Lot Size Acres:0.1815
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Lot Size SqFt:7907.00
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Lot Size Source:Estimated
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View:None
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Fencing:Block, Wood
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Fence:Yes
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Security Features:Automatic Gate
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1232.03
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Tax Tract:6024
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Tax Lot:86
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2321016006
Heating & Cooling
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Heating:1
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Heating:Heat Pump
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Cooling:Yes
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Cooling:Heat Pump
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Electric:Photovoltaics on Grid, Photovoltaics Seller Owned, Standard
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Water Source:Public
Appliances
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Appliances:Electric Oven, Electric Range, Gas Oven, Gas Range
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Included:Yes
The Community
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Features:Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Driveway, Uncovered
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Parking Spaces:6.00
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Uncovered Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/20/25
May 20, 2025
|
Listed / Active | CRMLS_CA | $3,295,000 |
