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7723 Simpson Avenue
Single Family Residence 
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7723 Simpson Avenue 
$999,000
Offered at
North Hollywood, CA 91605
Los Angeles County
4
Beds
4
Baths
1,920
Sq Ft
5,214
Lot Sq Ft
1991
Year Built
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…
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!
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Cooling: Central Air
Appliances
- Included: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Features
- Flooring: Wood
- Has fireplace: No
Interior area
- Total interior livable area: 1,920 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door Single, Driveway, Garage Faces Front, Garage, Gated
- Attached garage spaces: 2
Features
- Stories: 2
- Has private pool: No
- Fencing: Wood
- Has view: Yes
- View features: Neighborhood
Lot
- Size: 0.12 Acres
- Features: Zero To One Unit Acre, Back Yard, Front Yard
Details
- Parcel number: 2317007046
Construction
Type & style
- Home type: Residential
- Property subtype: Single Family Residence
Condition
- Year built: 1991
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Luxury Collective · Listing Agent: Ofri Peretz · 818-569-9947 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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7723 Simpson Avenue, North Hollywood, CA 91605
951-528-0626
mike@mzhomes.us
mzhomes.us
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