Prime North Hollywood Investment Opportunity – Huge Lot & Fully Approved, Paid Plans!
Calling all investors and value-driven buyers! This centrally located North Hollywood property sits on a generous 8,800+ sq ft lot and comes with fully approved and paid-for plans for 3 units—ready for you to start building as soon as you close. The existing home needs work, but the upside is undeniable.
In addition to the 3 approved units, the attached garage offers the opportunity to be converted into a JADU in the future, creating a potential 4-unit income property(buyer to verify). Located in a quiet, well-kept neighborhood near the NoHo Arts District, Burbank Airport, and major freeways, this area is seeing rapid growth with new developments, dining, and amenities.
Opportunities like this—with size, location, and plans in place—don’t come around often!
Sold for $790,000 on 06/10/25
Listing Provided by:
Anahit Martikyan DRE #01354062 anita@pfg365.com,
Prominent Realty Group
$790,000
7941 Rhodes Ave, North Hollywood, CA 91605
2beds
918sqft
Single Family Residence
Built in 1963
8,842 Square Feet Lot
$778,300 Zestimate®
$861/sqft
$3,294 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 10:17am
Listing Provided by:
Anahit Martikyan DRE #01354062 anita@pfg365.com,
Prominent Realty Group
Bought with:
Anna Elikuchukyan, DRE #01463027
Pinnacle Estate Properties
Source: CRMLS,MLS#: GD25096622
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: In Kitchen
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 918 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 8,842 sqft
- Features: Level
Details
- Parcel number: 2308023023
- Zoning: LARS
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Park, Suburban
Location
- Region: North Hollywood
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
Services availability
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Estimated market value
$778,300