7723 Simpson Avenue, North Hollywood, CA 91605
7723 Simpson Avenue, North Hollywood, CA 91605
7723 Simpson Avenue, North Hollywood, CA 91605
7723 Simpson Avenue, North Hollywood, CA 91605
7723 Simpson Avenue, North Hollywood, CA 91605
7723 Simpson Avenue, North Hollywood, CA 91605
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Woody Henderson

Woody Henderson

+1(619) 850-5432
$ 999,000
Est. payment | /mo

4 Beds

4 Baths

1,920 SqFt

Save
$ 999,000
Est. payment | /mo
Save

4 Beds

4 Baths

1,920 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $520

MLS Listing ID SR26114834

Bedrooms 4

Full Baths 4

Year Built 1991

Lot Size 5,213 Sqft

Property Sub-Type Detached

Property Description

Welcome to this unique North Hollywood property offering immediate value, income potential, and future development opportunities. Situated on a spacious lot in a desirable neighborhood, this versatile property is ideal for homeowners, investors, and developers alike. The home features a functional floor plan with comfortable living spaces, spacious bedrooms, and private outdoor areas. Fully paid-off solar panels provide energy efficiency and long-term savings for the next owner. A major highlight of the property is the pending permit for a two-story detached dwelling positioned on the side of the lot, creating the feel of two separate properties. This presents an excellent opportunity for multigenerational living, rental income, or increased property value. Additionally, there is potential to convert the attached garage of the main residence into a third dwelling unit (buyer to verify), further maximizing the property's income-producing potential. The property can be delivered vacant for an owner-user or with a strong tenant already in place paying top-of-market rental rates, offering immediate cash flow for investors. Conveniently located near shopping, dining, entertainment, and major freeway access, this property presents a rare opportunity to own a property with multiple paths for growth and income in the heart of North Hollywood!

Location

State CA

County Los Angeles

Direction Lankershim Blvd. & Saticoy St.

Interior

Interior Features Recessed Lighting

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Wood

Fireplace No

Appliance Dishwasher, Microwave, Gas Oven, Gas Stove, Gas Range

Laundry Gas, Washer Hookup

Exterior

Parking Features Garage, Garage - Single Door, Gated

Garage Spaces 2.0

Fence Wood

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N Yes

Water Access Desc Public

View Neighborhood

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 2317007046

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Ofri Peretz, DRE#02067014 Luxury Collective 
Nearby Locations
Woody Henderson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 850-5432

woody@woodyhenderson.com

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7723 Simpson Avenue