Commercial Real Estate Market in North Hollywood, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
233 active listings and 6,170 off-market properties in North Hollywood, CA. Commercial property asks $363/SF to buy and $41.11/SF/Yr to lease.
Market Trends
North Hollywood, CA spans 21.2 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in North Hollywood, CA asks $305/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in North Hollywood, CA asks $510/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in North Hollywood, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in North Hollywood, CA asks $330/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
North Hollywood, CA has 218,858 residents in 95,625 households. Density runs 10,336 people per square mile. Median household income here is $84,057 and median gross rent $1,987 a month.
218,858
Population
95,625
Households
2.3
Avg Household Size
37
Median Age
41%
College-Educated
85%
High-School Grad
21.2 sq mi
ZIP Area
10,336
Density / Sq Mi
$84,057
Median Household Income
$47,085
Median Earnings
$1,987
Median Rent
$997,017
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Burbank | $363 (county avg) | $37.37 |
| Glendale | $363 (county avg) | — |
| West Hollywood | $363 (county avg) | $33.49 |
| Beverly Hills | $363 (county avg) | $65.93 |
Commercial property in North Hollywood, CA asks $363/SF. The 4 bordering markets run from $363/SF in Burbank to $363/SF in Burbank, and the city sits in line with their $363/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Hollywood?
Commercial property in North Hollywood, CA asks an average of $363 per square foot. The 5 most recent recorded sales traded at a median of $377/SF. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in North Hollywood?
Asking lease rates in North Hollywood, CA average $41.11 per square foot per year.
How does North Hollywood compare to nearby markets on price?
North Hollywood, CA asks $363/SF against $363/SF in Burbank, $363/SF in Glendale, $363/SF in West Hollywood and $363/SF in Beverly Hills.
Where does Realmo's North Hollywood market data come from?
Realmo compiles North Hollywood, CA figures from 5 recent recorded sales, 156 active sale listings, 77 active lease listings, 6,170 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 156 active for-sale and 77 active for-lease listings in North Hollywood, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
