North Hollywood Land for Sale

North Hollywood Land for Sale

Welcome to North Hollywood, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich artistic culture and diverse community, North Hollywood is a dynamic hub that seamlessly blends urban energy with a welcoming atmosphere. With a burgeoning arts district, eclectic dining options, and a plethora of entertainment venues, this area is perfect for those seeking a lively lifestyle.

North Hollywood boasts a unique charm, characterized by its historic architecture and modern developments. The NoHo Arts District is a standout feature, showcasing theaters, galleries, and studios that celebrate creativity and innovation. Residents and visitors alike can enjoy a variety of cultural events, including live performances and art exhibitions, making it a true cultural hotspot.

For those looking to invest in land, North Hollywood presents an exciting opportunity. With land for sale in this thriving neighborhood, you can create your dream project in a location that continues to grow in popularity. Whether you envision a residential development, commercial space, or a personal sanctuary, North Hollywood's land options offer the perfect canvas to turn your vision into reality.

Situated conveniently near major freeways and public transportation, North Hollywood ensures easy access to the greater Los Angeles area. Enjoy the best of both worlds—urban convenience and a close-knit community feel. With its favorable climate, rich cultural scene, and promising real estate opportunities, North Hollywood is not just a place to live; it’s a place to thrive. Don’t miss your chance to be a part of this exciting community!

Newest North Hollywood Land for Sale

$2,950,000
26856035 MLS
We are pleased to present 4635-4639 Tujunga Avenue, a fully entitled affordable housing development opportunity located in the highly desirable Studio City / Valley Village corridor of North Hollywood. Situated on a 13,805 square foot site, the property is approved for a 58-unit income-restricted apartment community and qualifies for Tier 3 Section 8 rents. Positioned within a High Resource Area under the TCAC/HCD Opportunity Map and designated as a High Opportunity Area by HUD, the project offers developers meaningful advantages for tax credit scoring while enhancing long-term investment fundamentals. Delivered vacant and fully Ready-to-Issue (RTI), the project allows a developer to commence construction immediately without entitlement risk. All discretionary approvals have been completed, eliminating years of processing time, carrying costs, and approval uncertainty, allowing investors to focus on execution rather than entitlement. The approved plans feature a highly efficient six-story Type III-A building totaling approximately 37,930 square feet of residential area. By utilizing special code provisions that eliminate the need for a costly concrete podium, the design significantly improves construction efficiency and project economics. The thoughtfully designed unit mix consists of 55 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, maximizing efficiency while addressing the strong demand for affordable housing throughout the San Fernando Valley. Ideally positioned at the intersection of Studio City, Valley Village, and Toluca Lake, the property offers immediate access to some of Southern California's largest employment centers, including NBCUniversal, Warner Bros. Studios, Walt Disney Studios, and the broader Burbank Media District. The surrounding neighborhoods are characterized by predominantly higher-income single-family housing with limited affordable inventory, creating sustained demand from employees seeking quality workforce housing in a high-opportunity location. Recent updates to TCAC rent schedules, effective July 1, 2026, further strengthen the investment profile. Schedule IX now permits rents of up to $2,499 for one-bedroom units, while approximately 20% of the project's units designated under Schedule VI are eligible for rents of up to $2,247. These enhanced payment standards narrow the gap between restricted and market rents, improving project underwriting and supporting stronger long-term valuations. Additionally, developers pursuing maximum yield may realize further upside through Section 8 voucher participation. Combined with HACLA's continued support for voucher mobility into high-opportunity neighborhoods, the project offers a compelling opportunity to maximize stabilized income while delivering much-needed affordable housing in one of the Valley's strongest rental markets.

4635 Tujunga Avenue, North Hollywood

Listing courtesy of Listing Agent: Benjamin Lee (Ben@TheBenLeeGroup.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$3,250,000
26856043 MLS
Rare RTI 40-unit multifamily development opportunity in North Hollywood's vibrant NoHo Arts District. This 11,248 SF LA-R4-zoned lot at 5025 Klump Avenue represents a compelling redevelopment site in one of Los Angeles' most dynamic transit-oriented neighborhoods. Currently improved with a quadruplex, the property is ideally positioned for a visionary development capitalizing on North Hollywood's ongoing transformation. The site enjoys an enviable location mere steps from the North Hollywood Metro Station (B and G Lines), offering seamless access to Downtown Los Angeles, Hollywood, and the greater San Fernando Valley. Surrounded by the NoHo Arts District's renowned theaters, galleries, dining, and entertainment venues, the property benefits from the area's ongoing renaissance, including transformative projects such as District NoHo a major transit-oriented development directly at the Metro Station with 1,500+ planned residential units. Under LA-R4 zoning, which supports high-density residential development with potential enhancements through Transit Oriented Communities incentives, the site offers substantial upside for sophisticated investors and developers. The location capitalizes on North Hollywood's momentum as a thriving, transit-rich, and creative neighborhood with strong demand for new housing and mixed-use product. Walk Score of 92 (Walker's Paradise) underscores the neighborhood's exceptional pedestrian-oriented character and vibrant street life. The site is strategically positioned near Southern California's most influential employment centers, including Netflix, Paramount Pictures, Warner Bros., NBC Universal, and Disney, reinforcing robust residential demand. This offering presents a rare chance to contribute to North Hollywood's evolution while delivering a modern multifamily asset in a market characterized by strong rental demand, sustained appreciation, and long-term growth potential. This development site is ideally suited for institutional developers, REITs, and experienced multifamily operators seeking exposure to a premier transit-oriented Los Angeles submarket with compelling risk-adjusted return profiles.

5025 Klump Avenue, North Hollywood

Listing courtesy of Listing Agent: Jacob Plewa (jake@taksainvestment.com) from Listing Office: REMAX COMMERCIAL & INVESTMENT REALTY.

Start Your Search