0 Baths

$1,075,000

6833 Simpson Avenue, North Hollywood CA, 91605

Price per sqft$135.94

Lot size0.18 Acres

Property typeLand

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Overview

Active

Listed Nov 5, 2025

Updated Apr 10

PRICE REDUCTION! 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 break ground in no time at all with the existing Project or a brand new design!

Additional information

MLS^® ID: 25615317

Exterior Features

Lot Size: 0.18 Acres

Other Property Details

55+/Senior Community: No

Broker Reciprocity Courtesy of Keller Williams Beverly Hills, Dario Svidler

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

500007054 - MLS License Number

Data last updated 6:18 AM UTC, 4/10/2026

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.