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North Hollywood Development Opportunity
For Sale
$1,750,000

6401 Denny Ave, North Hollywood, CA 91606

Sweeping corner lot with development potential in North Hollywood.

Property Size1,978 SF
Price / SF$884.73
Days on Market203

Property Features for 6401 Denny Ave

General Information

Standard status Active
Size 1,978 SF
Property subtype Multi-Family

Building Details

Year Built 1946
Listing Agency: Equity Union
Listed By: Peter Miller · License #01256871
Source: Landonrealtygroup
Added: Mar 27 Changed: Oct 4 Last Checked: Oct 15 at 12:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Union

Investment Insights

Based on property information with market context.

This property presents a development opportunity on a corner lot in North Hollywood. The site includes a duplex that generates income while development plans are underway. Preliminary plans exist for the construction of 19 units, with nearly 40% of the plans completed, including entitlements. The proposed building includes two-bedroom and three-bedroom units. The zoning is LAR3. The property includes over 800 square feet of buildable land.

Key Highlights

  • Prime North Hollywood location on a sweeping corner lot.
  • Development opportunity with over 800 square feet of buildable land.
  • Existing duplex provides income during development phase.

Property Analytics

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Current Use

Charming Vacation House Vacation Rental all star vacation ... Vacation Rental Greenville Cleaning Services Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

997
Businesses Nearby

Demographics for 91606, CA

43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Sweeping corner lot with development potential in North Hollywood.
Where is this residential land & home lot located?
The property is located at 6401 Denny Ave North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Prime North Hollywood location on a sweeping corner lot.; Development opportunity with over 800 square feet of buildable land.; Existing duplex provides income during development phase.
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