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Emil Soleyman

emil@emilrealestate.com +1(209) 500-8589

Listed by Ofri Peretz, DRE #02067014 • Luxury Collective

$999,000

Est. payment - /mo

4 Beds

4 Baths

1,920 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $520

MLS Listing ID CRSR26114834

Bedrooms 4

Full Baths 4

Year Built 1991

Lot Size 5,213 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

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 path

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Rooms

Kitchen Dishwasher, Microwave, Other, Oven Range - Gas, Oven - Gas

Interior

Heating Central Forced Air

Cooling Central AC

Fireplaces Type None

Laundry Gas Hookup, 30, Other

Exterior

Parking Features Garage, Gate / Door Opener, Other

Garage Spaces 2.0

Fence Wood

Pool 31, None

Utilities Available Electricity - On Site, Telephone - Not On Site

View Local/Neighborhood

Building

Water District - Public

Others

Tax ID 2317007046

Special Listing Condition Not Applicable

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7723 Simpson AVE North Hollywood, CA 91605