North Hollywood Land for Sale

North Hollywood Land for Sale

Welcome to North Hollywood, California—a vibrant neighborhood nestled in the heart of Los Angeles County. Known for its artistic flair and dynamic community, North Hollywood offers a unique blend of urban living and suburban charm. With its rich history in the entertainment industry, this area is home to the iconic NoHo Arts District, where creativity thrives in theaters, art galleries, and boutique shops. Residents enjoy a lively atmosphere with an array of dining options, from trendy cafes to international cuisine, making every meal an adventure.

For those looking to plant roots in this exciting locale, we are thrilled to present prime land for sale in North Hollywood. Imagine the possibilities as you envision your dream home or investment property in this sought-after area. With a variety of lot sizes available, you can customize your space to fit your lifestyle and aspirations. The land is conveniently located near major transportation routes, ensuring easy access to downtown Los Angeles and beyond.

North Hollywood is not just a place to live; it’s a community where you can thrive. With its excellent schools, beautiful parks, and family-friendly atmosphere, it’s an ideal destination for families, young professionals, and retirees alike. Whether you’re seeking a bustling urban experience or a peaceful retreat, North Hollywood has it all. Don’t miss your chance to own a piece of this vibrant neighborhood—explore our available land today and start your journey towards creating your perfect sanctuary in sunny California!

Newest North Hollywood Land for Sale

$2,950,000
ACTIVE Status
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 Ave, North Hollywood

Courtesy of Lyon Stahl Investment Real Estate, Inc., Benjamin Lee - CA DRE#02123715

$3,500,000
ACTIVE Status
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 Ave, North Hollywood

Courtesy of REMAX COMMERCIAL & INVESTMENT REALTY, Jacob Plewa - CA DRE#02041641

$1,449,000
ACTIVE Status
PRICE REDUCED! Only ~$30,000 per unit!! KW Commercial is proud to present an exceptional ready-to-issue (RTI) 45-unit, 100% affordable housing ED 1 development opportunity located in the heart of North Hollywood's vibrant NOHO Arts District! Situated on a 6,591 sq. ft. corner lot, this 5-story apartment project is thoughtfully designed for maximum efficiency and minimal construction complexity. The unit mix includes 2 two-bedroom units, 27 one-bedroom units, and 16 studios, offering approximately 19,925 sq. ft. of rentable space. Located less than half a mile from the NOHO Metro Red Line Station, residents will enjoy easy access to public transportation and the abundance of shopping, dining, and entertainment that make the NOHO Arts District one of Los Angeles' most desirable neighborhoods. With a Walk Score of 87 and a Bike Score of 74, the property promises high tenant demand and stable occupancy for years to come. This 100% affordable housing community includes: 2 units reserved for very low-income households ( 50% AMI), 34 units reserved for low-income households ( 80% AMI), 8 units reserved for moderate-income households ( 110% AMI), and 1 market-rate manager's unit. Rents for the very low-and moderate-income units follow HCD Schedule VI, while the low-income units align with TCAC Schedule IX. Additionally, the property's location is ideal for attracting Section 8 voucher tenants, potentially increasing rental income by up to 20% per unit. The proposed design features zero parking spaces, significantly reducing construction costs for developers. The site is currently improved with a vacant duplex, eliminating the need for tenant relocation and ensuring a smooth path to construction. Don't miss this rare opportunity to develop a fully affordable housing project in a high-demand Los Angeles neighborhood, all at an exceptional value of just under $30,000/per unit!! May be delivered as a vacant lot if desired. Contact the listing agent today for additional information or to request a full set of approved plans.

5444 Camellia Ave, North Hollywood

Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian - CA DRE#01984269

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