John E Burge

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7723 Simpson AvenueNorth Hollywood, CA 91605

Single Family · 4 Beds · 4 Full Baths · 1,920 Sq. ft. | 0.12 Acres
$999,000 Active

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!

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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) 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
    Community data courtesy of LiveBy, Inc.

    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

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    7723 Simpson Avenue 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
    Calculations provided by Reliance Network

    7723 Simpson Avenue History

    Date Event Value Agent
    6/8/2026Source: CRMLS Added to Database
    June 08, 2026
    10/12/2022Source: CRMLS Added to Database
    October 12, 2022
    Listing provided courtesy of Luxury CollectiveOfri Peretz- MLS# SR26114834MLS ProviderContact Information: [email protected] - 424-395-4841
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