North Hollywood, CA Real Estate Search

North Hollywood, CA New Construction Homes for Sale

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Newest North Hollywood, CA New Construction Homes for Sale

5753 Case Avenue, North Hollywood
$2,299,000
12 Beds ⋅ 9 Baths ⋅ 26996941 MLS
Exceptional opportunity to acquire a modern, 2018-built fourplex in a desirable North Hollywood location, offering the appeal of contemporary townhouse-style living with strong income potential and minimal anticipated near-term capital improvements. Offered at $2,299,000, 5753 Case Avenue features four spacious three-bedroom residences, each with its own private attached garage, providing a level of privacy, convenience, and functionality rarely found in traditional apartment buildings. Situated on a 6,972 SF lot, the 4,524 SF property includes three 3-bedroom/2-bathroom units and one 3-bedroom/2.5-bathroom unit. Thoughtfully designed interiors feature dramatic vaulted ceilings, abundant natural light, wood-style flooring, gourmet kitchens with stainless steel appliances, central heating and air conditioning, and in-unit washers and dryers. Each residence benefits from its own attached garage, with a total of eight parking spaces across the property. These desirable amenities, combined with the property's newer construction, create an attractive residential offering in the competitive North Hollywood rental market. The property offers compelling investment fundamentals, with projected annual Gross Operating Income of $159,780 and pro forma Net Operating Income of $113,169, based on estimated annual expenses of $46,611. At the asking price of $2,299,000, this represents a 4.9% pro forma capitalization rate and 14.39 gross rent multiplier. Three units are currently occupied, while the fourth will be delivered vacant, providing an immediate opportunity to establish market rent or potentially accommodate an owner-user. The combination of existing rental income, newer construction, and the vacant unit offers investors flexibility and the opportunity to enhance returns.Ideally located near the vibrant NoHo Arts District, the property provides convenient access to an array of restaurants, entertainment, shopping, and cultural attractions. The Metro B Line, Hollywood Burbank Airport, and nearby 170 and 101 freeways offer excellent connectivity to Burbank, Studio City, Toluca Lake, and the greater Los Angeles area. Combining modern construction, spacious three-bedroom floor plans, private attached garages, and attractive pro forma financial performance, 5753 Case Avenue represents a distinctive opportunity to acquire a well-appointed multifamily investment in one of the San Fernando Valley's established rental markets.

5753 Case Avenue, North Hollywood

11730 Gilmore, North Hollywood
$6,229,000
BB26207786 MLS
11730-17736 W Gilmore is a fully leased, 2025-built 10-unit portfolio offering a combination rarely found in North Hollywood: two side-by-side five-unit properties, 38 rentable bedrooms, 16 parking spaces, and a 6% cap rate all just 0.5 miles from North Hollywood Arts District. Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 4-bedroom residences and two, highly rentable, 3-bedroom units. Each bedroom in all of the 4-bedroom residences have its own en-suite bathroom, creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants. The portfolio generates $473,760 in annual gross income and is offered fully stabilized with established rental history. Units are separately metered for gas, electric and water, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. These are not typical rentals. Each townhome-style residence delivers high-end finishes, open-concept living spaces, oversized kitchen islands, sleek cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry, generous closets, spa-inspired bathrooms and oversized windows that fill the interiors with natural light. Positioned in the heart of North Hollywood Arts District, Gilmore benefits from strong rental demand and convenient access to some of the Valley’s most important entertainment, employment and transit destinations. With its low-maintenance construction, upscale residences and fully stabilized income, the property presents an exceptional turnkey investment opportunity in one of Los Angeles’ most dynamic rental markets.

11730 Gilmore, North Hollywood

6926 Morella Avenue, North Hollywood
$3,195,000
17 Beds ⋅ 21 Baths ⋅ 26986171 MLS
Recently Built, Fully Leased Income Property, NO Lease-Up required | Non-RSO | No Rent Control. A rare find for investors who want proven year-over-year cash flow, not construction risk. 6926 Morella Avenue is a recently completed, 100%-leased 5-unit property generating $227,988 in current annual income, already stabilized from day one. Unlike a vacant new-construction building that may still require months of marketing, screening, and lease-up before stabilization, this property is cash-flowing now, with rents already within ~3% of market. Built for Minimal Landlord Involvement: Every unit is separately metered for utilities; tenants pay their own electric, gas, and water. Landlord responsibility is limited to property tax, insurance, and minimal gardening, made even lighter by pavers, concrete hardscape, and drought-tolerant landscaping throughout the nearly 8,000 SF lot. This is about as close to a hands-off operating expense structure as ground-up construction gets. Non-RSO, No Rent Control, SB 8 Exempt. As recently constructed housing, the property falls outside LA's Rent Stabilization Ordinance and carries no affordable-housing covenant restrictions, full rental rate freedom, with none of the entanglements that come with older buildings, covenant-encumbered affordable housing, or RSO-covered buildings. Three detached buildings, including one fully standalone unit, sit on an oversized ~8,000 SF lot with ample on-site parking, a genuine differentiator in an infill submarket where many comparable properties offer little or none. Units are townhouse-style with multiple private balconies and patios throughout. Ideal for 1031 exchange buyers who want documented, in-place income rather than a speculative lease-up; cost segregation buyers drawn to the high depreciable basis of new construction; and professionals and business owners who want a low-touch, low-opex asset in one of the San Fernando Valley's most in-demand rental submarkets, minutes from Universal Studios, Warner Bros., and the NoHo Arts District.

6926 Morella Avenue, North Hollywood

11223 Tiara Street, North Hollywood
$3,750,000
20 Beds ⋅ 15 Baths ⋅ 26856319 MLS
An Investor's Dream in the Heart of North Hollywood. Introducing an exceptional new-construction investment opportunity at 11223 Tiara Street. A rare five-unit residential income property thoughtfully designed for today's investor seeking strong cash flow, modern construction, and long-term appreciation.Situated on an approximately 7,000 SF lot, this architecturally designed development offers approximately 7,540 square feet of living space across five spacious residences, creating a truly unique asset in one of the San Fernando Valley's most desirable rental markets. The property consists of: Unit 1: 1,533 SF, Unit 2: 1,532 SF, Unit 3: 1,535 SF, ADU Unit 4: 1,471 SF, ADU Unit 5:1,469 SF. Every residence has been thoughtfully designed with spacious open floor plans, contemporary architecture, designer kitchens, premium cabinetry, modern fixtures, quality finishes, recessed lighting, and an abundance of natural light. The developer spared no expense in creating a product that stands apart from traditional multifamily investments, delivering large, home-style residences that appeal to today's premium rental market.Projected gross rental income is approximately $22,000 per month, providing investors with immediate income potential upon stabilization while benefiting from the advantages of brand-new construction and minimal deferred maintenance for years to come.One of the property's greatest strengths is its location. Positioned in the heart of North Hollywood, residents enjoy convenient access to the vibrant NoHo Arts District, the shopping, dining, and entertainment at NOHO West. The property also offers excellent connectivity to major studios, the Metro B Line, and the surrounding employment centers throughout the San Fernando Valley and greater Los Angeles.Whether you're completing a 1031 exchange, expanding a multifamily portfolio, or acquiring a newly constructed income-producing asset with exceptional long-term upside, 11223 Tiara Street represents a rare opportunity to own a turnkey investment that would be difficult and costly to replicate in today's development environment.Properties of this caliber, offering five newly constructed residences, substantial building square footage, premium finishes, and strong projected rental income, rarely become available. This is an opportunity to acquire a truly distinctive investment positioned for both immediate cash flow and long-term appreciation. **Potential opportunity for accelerated depreciation through a professional cost segregation study. Seller has not completed a cost segregation study, allowing a new owner to evaluate potential tax benefits. Buyers should consult their cpa regarding eligibility. No rent control via sb-8 exempt status.**

11223 Tiara Street, North Hollywood

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Based on information from CRISNet MLS as of 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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