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    5535 Elmer Ave North Hollywood, CA 91601

    Sponsored
    For Sale
    $3,500,000

    Apartment - North Hollywood, CA

    Type:Apartment
    Property size:
    21,614 SF
    Lot size:
    7,257.00 Acres
    Days on Market:
    151
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 5535 Elmer Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Property condition
    New Construction
    Standard status
    Active
    Zoning
    LAR4
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1
    Bedrooms
    1
    Bathrooms
    2
    APN
    2350008044
    Parking features
    None
    Exterior features
    Community Features Included: Biking, 0-1 Unit/Acre
    Size
    21,614 SF
    Lot size
    7,257.00 Acres

    Building Details

    Year built
    2026
    Floors in Building
    5
    Number of units
    57
    Architectural style
    Other

    Exclusive Estate Properties, Inc. (818) 254-6024 [email protected]

    Listing agent Sarkis Majarian (818) 755-0002 License #01337122

    Listing date Aug 8, 2025

    MLS# SR25177485 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    NoHo Arts District Development Opportunity

    This property presents a development opportunity in the heart of the NoHo Arts District. It features RTI plans for a 57-unit development with no parking requirement. The location offers convenience, situated steps from the Metro station, dining, bars, and entertainment options. The property will be delivered with fully approved RTI plans for the construction of a 57-unit development. Complete project documentation is available to serious buyers with qualifying offers. The lot size is approximately 0.166 acres, equivalent to 21,614 square feet. The zoning is LAR4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3763878
    Latitude
    34.1710236

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    FAQs

    What type of property is this?
    Commercial land - RTI plans for 57 units in prime NoHo location.
    Where is this commercial land located?
    The property is located at 5535 Elmer Ave North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - RTI Plans Approved for 57 Units; - Zero Parking Requirement; - Prime NoHo Arts District Location
    (818) 396-6024
    Request Owner's contact information
    5535 Elmer Ave North Hollywood, CA 91601
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    North Hollywood, CA 91601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5535 Elmer Ave North Hollywood, CA 91601
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