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New construction
  • $2,599,000

    5954 Simpson Ave, Valley Village, CA 91607

    10beds
    9baths
    4,470sqft
    : 
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    Multi Family
    Built in 2026
    -- sqft lot
    $2,542,200 Zestimate®
    $581/sqft
    $-- HOA

    What's special

    Brand new construction investment opportunity in the heart of Valley Village featuring five beautifully designed residential units, each with its own address, offering exceptional rental appeal and long-term income potential. The property consists of a front building with three residences and a separate rear building with two ADUs. Every unit is thoughtfully appointed with a refrigerator, range, microwave, and in-unit stacked washer and dryer. The front building features; An upstairs 3-bedroom, 2-bath main residence with central HVAC, a dishwasher, and an expansive balcony. A downstairs 2-bedroom, 2-bath residence with central HVAC, a walk-in closet, and a dishwasher. A detached Junior ADU offering 1 bedroom and 2 baths with split-system heating and air conditioning and a dishwasher. The rear building features two newly constructed ADUs: An upstairs 2-bedroom, 2-bath unit with split-system heating and air conditioning and a private balcony off one bedroom. A downstairs 2-bedroom, 2-bath unit with split-system heating and air conditioning. The rear ADUs do not include dishwashers. Ideally located in sought-after Valley Village, this turnkey property combines modern construction, desirable floor plans, separate addresses, and quality finishes to create an outstanding investment opportunity. With five move-in-ready residences in a high-demand rental market, this property is well-positioned to generate strong cash flow and long-term appreciation.
    6 days
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    273
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Bergin DRE # 01845572 310-600-0715,

    Compass 818-783-7721

    Source: CLAW,MLS#: 26857551MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 9
      Heating
      • Central, Other
      Cooling
      • Central Air, Air Conditioning, Other
      Appliances
      • Included: Microwave, Range/Oven, Dishwasher, Dryer, Refrigerator
      Features
      • Doors: Sliding Doors
      Interior area
      • Total structure area: 4,470
      • Total interior livable area: 4,470 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Balcony
      • Pool features: None
      • Spa features: None
      • Fencing: Fenced Yard
      Lot
      • Size: 7,244 Square Feet
      • Dimensions: 50 x 135
      Details
      • Additional structures: None
      • Parcel number: 2339001032
      • Zoning: LAR1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026

      Community & HOA

      HOA
      • Amenities included: None
      Location
      • Region: Valley Village

      Financial & listing details

      • Price per square foot: $581/sqft
      • Tax assessed value: $810,000
      • Annual tax amount: $10,064
      • Date on market: 7/10/2026
      • Total actual rent: 0

        Estimated market value

        $2,542,200

        $2.42M - $2.67M

        $3,772/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$2,599,000+235.4%$581/sqft
        Source: CLAW #26857551 Report a problem
        3/3/2025Sold$775,000-4.3%$173/sqft
        Source: CRMLS #SR24161153 Report a problem
        7/19/2024Sold$810,000-19%$181/sqft
        Source: Public Record Report a problem
        10/18/2022Sold$1,000,000+30.7%$224/sqft
        Source: Public Record Report a problem
        10/8/2009Listing removed$765,000$171/sqft
        Source: Emailflyers.net #P571678 Report a problem
        9/25/2009Listed for sale$765,000+87%$171/sqft
        Source: Emailflyers.net #P571678 Report a problem
        10/9/2008Sold$409,000+10.6%$91/sqft
        Source: Public Record Report a problem
        8/23/2008Listed for sale$369,900-34.5%$83/sqft
        Source: Listhub #C103125 Report a problem
        7/24/2008Sold$564,988-26.1%$126/sqft
        Source: Public Record Report a problem
        3/14/2007Listed for sale$765,000+21.2%$171/sqft
        Source: Listhub #C103125 Report a problem
        4/13/2006Sold$631,000$141/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,064 -20.3%$810,000 -20.6%
        2024$12,632 -5.7%$1,020,000 +2%
        2023$13,389 +29.5%$1,000,000 +72.9%
        2022$10,340 +48.7%$578,385 +2%
        2021$6,954 -0.9%$567,045 +1%
        2020$7,020 $561,231 +2%
        2019$7,020 +6.2%$550,227 +2%
        2018$6,609 $539,440 +2%
        2017$6,609 +2.3%$528,864 +15.4%
        2016$6,463 +15.7%$458,435 +1.5%
        2015$5,587 +1.1%$451,550 +2%
        2014$5,528 $442,705 +10.8%
        2012-- $399,400
        2011-- $399,400 +3.2%
        2010-- $387,000 -5.4%
        2009-- $409,000 -26.3%
        2008-- $554,900 -13.8%
        2007-- $643,620 +92.4%
        2006-- $334,466 +22.2%
        2005-- $273,613 +4%
        2004-- $262,990 +1.9%
        2003-- $258,171 +2%
        2002-- $253,110 +13.8%
        2000-- $222,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Hollywood

        Getting around

        73 / 100
        Very Walkable
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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