Home | Los Angeles County | North Hollywood | 91605 | 7723 Simpson Ave
MLS: CRSR26114834 | Status: Active | Price: $999,000
Beds/Baths: 4 / 4
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 4 | 4 | 1,920 | 5,213 | 1991 |
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 path
| Field | Value |
|---|---|
| MLS # | CRSR26114834 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Bedrooms | Primary Suite/Retreat |
| Kitchen | Other |
| Appliances | Dishwasher, Microwave, Other, Oven - Gas, Oven Range - Gas |
| Fireplace | None |
| Laundry | Hookup - Gas Dryer, Other |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Gate/Door Opener, Other, Garage: 2 Car(s) |
| Elementary District | Los Angeles Unified |
| High School District | Los Angeles Unified |
| HOA Fee | $0 |
Ofri Peretz
Luxury Collective
License #: 02067014
Phone: –
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 7042 Morse Ave | $1,030,000 | 4 | 2 | 1,858 | Active |
| 6503 N Contour Ln | $999,999 | 3 | 3/1 | 2,154 | Active |
| 6429 Camellia Ave | $1,099,000 | 3 | 3 | 1,813 | Active |
| 13225 Victory Blvd | $1,079,000 | 3 | 3/1 | 1,930 | Active |
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This listing information is up-to-date as of June 08, 2026. For the most current information, please contact Ofri Peretz.