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6937 Simpson Avenue
USD 3,295,000
Property ID: SB25112756
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6937 Simpson Avenue ,91605
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icon 7907 SqFt
icon Built in 2025
icon USD 417/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
9696
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 2025
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Detailed Introduction Of This Home
Lowest priced new construction property in the North Hollywood market. Enormous nearly 10,000 square foot 6 unit (4+2) for only $340/square foot and under $550K/door. Excellent unit mix with townhome style layouts consisting of (1) 6 bed/4 bath unit, (1) 5 bed/4 bath unit, (2) 4 bed/3 bath units, and (2) 2 bed/1 bath ADUs. Brand new 2025 construction that's non-rent controlled, AB1482 exempt, and located in an opportunity zone. Super strong real in-place income with 5 out of 6 units leased and a GRM of 12.5 with a cap rate of nearly 6%. Luxury interior finishes and modern floor plans with light, bright open concepts, overhead lighting, AC, in-unit laundry, stainless steel appliances and high-end cabinetry (23) bedrooms and (16) bathrooms make for super attractive unit sizes and maximum rents (6) parking spaces plus front and rear yards to the property (5) electrical meters, (4) gas meters, and (4) separate water meters plus a rooftop solar system for efficient utility management. Excellent North Hollywood location close to everything LA has to offer. Minutes from the Burbank airport as well as the 170, 134, and 101 freeways. Extensive retail options just down the street at NoHo West and close to the NoHo Arts District for theaters, art galleries, cafes, and boutique shops. Average household income within 5 miles of over $99,000 per Costar. Walk score of 73/100
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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6937 Simpson Avenue
USD 3,295,000 0 Beds
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