7635 Lankershim Boulevard, North Hollywood, CA 91605

$7,650,000
36
BD
36
BA
23,236
SqFt

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List Price
$7,650,000
Price Change
▼ $550,000 1778887968
Status
ACTIVE
MLS#
26670181
Year Built
1986
Bedrooms
36
Bathrooms
36
Living Sq. Ft
23,236
Lot Size
25,952
Acres
0.60
Days on Market
145
Property Type
Multifamily
Stories
Multi Level

Property Description

The 36-unit apartment community at 7635 Lankershim Blvd presents an attractive multifamily investment opportunity in the heart of North Hollywood. Built in 1986, the property consists of (36) spacious one-bedroom, one-bathroom units, offering an efficient and highly desirable unit mix for renters seeking quality housing in the San Fernando Valley. The property also has two potential ADU Conversion opoprtunities which includes a former recreation roo (cirrently used as a manager office) anda ground floor storage area, both offering potential to be converted into additional units. Situated along the well-traveled Lankershim Boulevard corridor, the property benefits from excellent accessibility to employment centers, retail amenities, and everyday conveniences that enhance tenant demand and long-term occupancy.Residents enjoy close proximity to a variety of lifestyle and transportation amenities that make North Hollywood one of the Valley's most dynamic rental markets. The property is located near the North Hollywood station, a major transit hub connecting the Metro B Line subway and G Line busway, providing convenient access throughout Los Angeles. The surrounding neighborhood also offers abundant shopping, dining, and entertainment options, including the popular NoHo West retail destination and the vibrant NoHo Arts District, known for its theaters, restaurants, and cultural venues. These nearby amenities, combined with strong regional connectivity and ongoing neighborhood revitalization, continue to attract renters seeking an urban lifestyle within the San Fernando Valley.

Additional Information

Attached Structure
Detached
Number Of Units Total
36

Listing courtesy of Listing Agent: Daniel Withers (daniel.withers@matthews.com) from Listing Office: Matthews Real Estate Investment Services.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.