Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by Luxury Collective, Ofri Peretz, Listing Contact: [email protected]
4 Beds
4 Baths
1,920 sqft

$999,000

7723 Simpson AVE, North Hollywood CA, 91605

Price per sqft$520.31
Built in1991
Property size1,920 sqft
Property typeResidential

Overview

Active

Listed Jun 8, 2026

Updated 9 days ago

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 path

$6,646/mo

Est. mortgage payment based on a $999,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSR26114834

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Garage
Yes
View
Yes
MLS provider logo

Listed by Luxury Collective, Ofri Peretz DRE:02067014,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Above and Beyond Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Above and Beyond Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 1:33 PM UTC, 9/28/2026

 

 

Powered by Luxury Presence