Listing provided courtesy of Matthews Real Estate Investment Services- MLS# 26670181
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Request Info7635 Lankershim BlvdNorth Hollywood, CA 91605
Multi-Family · 36 Beds · 23,236 Sq. ft. | 0.60 Acres$7,650,000
Active
7635 Lankershim Blvd Overview
- Time on Site:
- 95 days
- Visits:
- 0
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.
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7635 Lankershim Blvd Facts & Features
- Type Multi-Family
- Sq. ft. 23,236
- Price/Sq.ft. $329
- Lot 0.60 Acres
Details
General
Income/Expenses
- Gross Income: 745020
- Net Operating Income: 486858.00
Building Information
- Year Built: 1986
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: North Hollywood
Tax Information
- Tax Assessed Value: 3364024
General Information
- Disclosures: Other
- Property Type: Residential Income
- Zoning: LAC2
Interior
Beds/Baths
- Bathrooms Total: 36.00
- Bedrooms Total: 36
General Information
- Cooling: Other
- Heating: Other
- Levels: Multi/Split
- Living Area: 23236
- Living Area Source: Other
- Stories: 0
Exterior
Parking Information
- Parking Total: 42
Lot Information
- Lot Size Acres: 0.5958
- Lot Size Area: 25952
- Lot Size Source: Other
- Number Of Buildings: 2
General Information
- Number Of Units Total: 36
- Other Structures: Other
7635 Lankershim Blvd Neighborhood
Community
91605 (NORTH HOLLYWOOD) Demographics
35
Median Age
9,554
Population Density (per sq. mile)
29%
College Educated
$53,335
Estimated Median Income
6,224
Estimated Total Home Owners
9,877
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
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.7635 Lankershim Blvd Monthly Cost
7635 Lankershim Blvd Market Data
Based on the last 30 days in this zip code
$750,789
Average List Price
$576
Average Price per Square Foot
17
Properties Sold
69
Average Days on Market
164
Properties for Sale
7635 Lankershim Blvd History
| Date | Value | Agent |
|---|---|---|
| 5/15/2026Source: CRMLS | $7,650,000 -6.7% |
|
| 5/15/2026Source: TheMLS (CLAW) | $7,650,000 -6.7% |
|
| 3/26/2026Source: CRMLS | March 26, 2026 |
|
| 3/26/2026Source: TheMLS (CLAW) | March 26, 2026 |