7635 Lankershim Boulevard, North Hollywood, CA 91605
List Price: $7.65M
Listing Status: Pending
Original List Price: $8.2M
0Days on Market: 117
36 Bedrooms · 36 Bathrooms · 23,236 sq ft
Property Type: ResidentialIncome
Year Built: 1986
Lot Size: 25,952 sq ft
MLS Number: 26670181
About This Property
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.
Listing provided by: Daniel Withers DRE #01325901 866-889-0550 daniel.withers@matthews.com