North Hollywood (NHO) Homes under $4 million

North Hollywood (NHO) Homes under $4 million

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Newest North Hollywood (NHO) Homes under $4 million

5651 Case Ave, North Hollywood
$3,695,000
23 Beds ⋅ 20 Baths ⋅ ACTIVE Status
Welcome to "The Case V," a newly built 2025 townhome-style apartment property, fully leased and stabilized with $25,645 in monthly rental income. Located in the heart of the North Hollywood Arts District, adjacent to Toluca Lake, this turnkey investment was built with a Senate Bill 8 exemption and is exempt from Los Angeles rent control. The property features four units plus an ADU, totaling 9,127 square feet on a 7,000-square-foot lot, with nine on-site parking spaces. The spacious unit mix includes two 5-bedroom, 4-bathroom units; two 5-bedroom, 4.5-bathroom units; and one 3-bedroom, 3.5-bathroom ADU. Each residence offers an in-unit washer and dryer, hardwood floors, stainless steel appliances, recessed lighting, and high-end finishes.Offered at $3,695,000, "The Case V" delivers an approximate 6.4% cap rate based on in-place rental income, assuming 20% operating expenses and a 4% vacancy allowance. Developed by Thornton Development Group, the property combines thoughtful design, meticulous craftsmanship, and the convenience of new construction. Set on a quiet residential street surrounded by other newly built properties, 5651 Case Ave places residents moments from the dining, entertainment, and creative energy of the North Hollywood Arts District and neighboring Toluca Lake. SELLER OPEN TO NEGOTIATING A CONTRIBUTION TOWARD A BUYER'S INTEREST RATE BUY DOWN, SUBJECT TO AN ACCEPTABLE PURCHASE PRICE AND MUTUALLY AGREED TERMS. Contact the listing agent today to request the offering memorandum and learn more about the seller's contribution toward an interest rate buy down.

5651 Case Ave, North Hollywood

Courtesy of Hollywood Estates, Oliver Thornton - CA DRE#01969227

7033 Fulton Ave, North Hollywood
$1,175,000
11 Beds ⋅ 7 Baths ⋅ ACTIVE UNDER CONTRACT Status
7033 Fulton Avenue is a well-maintained 6-unit apartment community ideally located in one of North Hollywood's most established and consistently in-demand residential neighborhoods. Built in 1957 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event a rare, pride-of-ownership asset in one of the most durable rental submarkets in the San Fernando Valley.Situated on a 7,319 square foot lot, the property totals 4,935 square feet of gross building area, averaging 823 square feet per unit across a single building. The asset features a diverse unit mix of two (2) one bedroom, one bath units, three (3) two bedroom, one bath units, and one (1) three bedroom, two bath unit a floor plan composition that spans the full spectrum of renter demand.North Hollywood's enduring appeal as the cultural and transit heart of the East Valley further strengthens the investment profile of 7033 Fulton Avenue. The property sits within a tree-lined residential corridor close to the everyday retail and dining of Sherman Way and Laurel Canyon Boulevard, the shops and services of Valley Plaza, and the theaters, restaurants, and nightlife of the NoHo Arts District along Lankershim and Magnolia Boulevards. Nearby recreational amenities include North Hollywood Recreation Center and Valley Plaza Park, while proximity to the 170 and 101 Freeways and major employment hubs at Universal Studios, the Burbank Media District, and Warner Bros. and Walt Disney Studios supports sustained rental demand.With its prime Fulton Avenue address, diverse unit mix anchored by a three bedroom, two bath unit, strong in-place income, single-building layout, and more than five decades of continuous ownership, 7033 Fulton Avenue represents a rare opportunity to acquire a generational, pride-of-ownership asset in one of the most resilient rental submarkets in the San Fernando Valley.

7033 Fulton Ave, North Hollywood

Courtesy of CBRE, John Boyett - CA DRE#02056759

11314 Martha St, North Hollywood
$3,795,000
21 Beds ⋅ 21 Baths ⋅ ACTIVE Status
11314 Martha Street presents a rare opportunity to acquire a newly built, fully stabilized five-unit multifamily investment in North Hollywood, just minutes from the NoHo Arts District. Completed in 2025, the property consists of five spacious three-story townhome-style residences totaling 21 bedrooms and 21 bathrooms, and is currently 100% occupied, generating $299,749 in annual rental income with approximately $234,969 NOI and a 6.2% cap rate.Each residence was designed for modern living with spacious open layouts, abundant natural light, private balconies, contemporary kitchens, stainless-steel appliances, designer bathrooms, and in-unit washer/dryers. Owned solar panels and separately metered, tenant-paid utilities help reduce operating expenses and create an efficient, low-maintenance investment.The property offers a highly desirable mix of two 5BD/5BA units, two 4BD/4BA units and one 3BD/3BA unit, along with eight on-site parking spaces. A substantial majority of the current rental income is HACLA-supported, providing additional stability to the existing cash flow. Beyond the strong in-place income, the property offers significant future upside. Preliminary plans contemplate converting garage space into two studio units and constructing two detached one-bedroom ADUs, potentially adding four additional units and materially increasing future income, subject to final approvals and buyer verification.Conveniently positioned near the NoHo Arts District, Metro transit, NOHO West, major freeways, dining, retail and entertainment, 11310 Martha combines newer construction, stabilized cash flow, efficient operations and future development potential in one compelling turnkey investment.BUYER TO VERIFY ALL INFORMATION.

11314 Martha St, North Hollywood

Courtesy of KW Westside Estates, Bahram 'Allen' Amjad - CA DRE#02108852

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