7723 Simpson Avenue Overview
- Time on Site:
- 21 days
- Visits:
- 1
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 paths for growth and income in the heart of North Hollywood!
7723 Simpson Avenue Facts & Features
- Type Single Family
- Sq. ft. 1,920
- Price/Sq.ft. $520
- Lot 0.12 Acres
Details
General
Association/HOA
- Association: No
- Common Interest: None
School Information
- School District: Los Angeles Unified
Building Information
- New Construction: No
- Year Built: 1991
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: NHO - North Hollywood
- Postal City: NORTH HOLLYWOOD
Community/Development
- Community Features: Curbs,Street Lights,Sidewalks
Rent/Lease Information
- Land Lease: No
- Lease Considered: No
General Information
- Listing Terms: Submit
- Parcel Number: 2317007046
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 2.0
- Garage: Yes
Beds/Baths
- Bathrooms Full: 4
- Bathrooms Total: 4
- Bedrooms Total: 4
General Information
- Appliances: Dishwasher,Gas Cooktop,Gas Oven,Gas Range,Microwave
- Common Walls: No Common Walls
- Door Features: Mirrored Closet Door(s),Sliding Doors
- Entry Level: 1
- Entry Location: 1
- Fireplace Features: None
- Fireplace: No
- Flooring: Wood
- Interior Features: Recessed Lighting,Primary Suite
- Laundry Features: Washer Hookup,Gas Dryer Hookup,Inside
- Levels: Two
- Living Area: 1920.0
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Main Level Bathrooms: 1
- Main Level Bedrooms: 0
- Security Features: Smoke Detector(s)
- Spa Features: None
- Spa: No
- Stories: 2
- Stories Total: 2
- Window Features: Double Pane Windows
Exterior
Parking Information
- Parking Features: Door-Single,Driveway,Garage Faces Front,Garage,Gated
- Parking Total: 2.0
Lot Information
- Additional Parcels: No
- Lot Features: 0-1 Unit/Acre,Back Yard,Front Yard
- Lot Size Acres: 0.1197
- Lot Size Area: 5213.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 5213.0
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
Building Exterior/Construction
- Attached Garage: Yes
- Property Attached: No
- Structure Type: House
General Information
- Fencing: Wood
- Number Of Units Total: 1
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
- Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
7723 Simpson Avenue Neighborhood
Community
91605 (North Hollywood (los Angeles)) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.7723 Simpson Avenue Monthly Cost
7723 Simpson Avenue Market Data
Based on the last 30 days in this zip code
7723 Simpson Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/8/2026Source: CRMLS | June 08, 2026 |
|
| 10/12/2022Source: CRMLS | October 12, 2022 |
Contact Information: [email protected] - 424-395-4841