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For sale
    • Listed by: Luxury Collective • Ofri Peretz • Contact: 424-395-4841
    $999,000

    7723 Simpson Ave, North Hollywood, CA 91605

    4beds
    1,920sqft
    : 
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    Single Family Residence
    Built in 1991
    5,213 Square Feet Lot
    $988,600 Zestimate®
    $520/sqft
    $-- HOA

    What's special

    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 paths for growth and income in the heart of North Hollywood!
    35 days
    |
    720
    |
    53
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ofri Peretz DRE #02067014 818-569-9947,

    Luxury Collective

    Source: CRMLS,MLS#: SR26114834MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 1
      Rooms
      • Room types: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Features: Primary Suite
      Bathroom
      • Features: Dual Sinks, Tub Shower, Walk-In Shower
      Kitchen
      • Features: Quartz Counters
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave
      • Laundry: Washer Hookup, Gas Dryer Hookup, Inside
      Features
      • Recessed Lighting, Primary Suite
      • Flooring: Wood
      • Doors: Mirrored Closet Door(s), Sliding Doors
      • Windows: Double Pane Windows
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,920 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Door-Single, Driveway, Garage Faces Front, Garage, Gated
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Fencing: Wood
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 5,213 Square Feet
      • Features: 0-1 Unit/Acre, Back Yard, Front Yard
      Details
      • Parcel number: 2317007046
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Curbs, Street Lights, Sidewalks
      • Security: Smoke Detector(s)
      Location
      • Region: North Hollywood

      Financial & listing details

      • Price per square foot: $520/sqft
      • Tax assessed value: $634,311
      • Annual tax amount: $7,890
      • Date on market: 6/8/2026
      • Cumulative days on market: 36 days
      • Listing terms: Submit

        Estimated market value

        $988,600

        $939,000 - $1.04M

        $4,132/mo

        Price history

        DateEventPrice
        6/8/2026Listed for sale$999,000+72.2%$520/sqft
        Source: CRMLS #SR26114834 Report a problem
        5/13/2026Listing removed$4,654$2/sqft
        Source: Zillow Rentals Report a problem
        4/22/2026Listed for rent$4,654+19.5%$2/sqft
        Source: Zillow Rentals Report a problem
        5/29/2020Listing removed$3,895$2/sqft
        Source: Capstone Real Estate Report a problem
        5/5/2020Price change$3,895-2.5%$2/sqft
        Source: Capstone Real Estate Report a problem
        5/4/2020Listed for rent$3,995$2/sqft
        Source: Capstone Real Estate Report a problem
        1/22/2020Sold$580,000+1%$302/sqft
        Source: CRISNet / SRAR #SR19274350 Report a problem
        12/20/2019Pending sale$574,500$299/sqft
        Source: Keller Williams VIP Properties #SR19274350 Report a problem
        12/20/2019Price change$574,500+4.5%$299/sqft
        Source: Keller Williams VIP Properties #SR19274350 Report a problem
        12/19/2019Listed for sale$549,900$286/sqft
        Source: Keller Williams VIP Properties #SR19274350 Report a problem
        12/11/2019Pending sale$549,900$286/sqft
        Source: Keller Williams VIP Properties #SR19274350 Report a problem
        12/11/2019Listed for sale$549,900$286/sqft
        Source: KELLER WILLIAMS VIP PROPERTIES #SR19274350 Report a problem
        12/11/2019Pending sale$549,900$286/sqft
        Source: KELLER WILLIAMS VIP PROPERTIES #SR19274350 Report a problem
        12/3/2019Listed for sale$549,900+22.2%$286/sqft
        Source: Keller Williams VIP Properties #SR19274350 Report a problem
        6/7/2019Sold$450,000-5.3%$234/sqft
        Source: Public Record Report a problem
        3/26/2019Sold$475,000$247/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,890 +1.3%$634,311 +2%
        2024$7,785 +1.9%$621,874 +2%
        2023$7,637 +4.8%$609,681 +2%
        2022$7,285 +1.3%$597,727 +2%
        2021$7,191 -8.1%$586,008 -6.6%
        2020$7,829 $627,300 +24.8%
        2019$7,829 +38%$502,505 +123.5%
        2018$5,675 $224,829 +2%
        2017$5,675 +97.2%$220,421 +2%
        2016$2,878 +3%$216,100 +1.5%
        2015$2,795 +0.8%$212,855 +2%
        2014$2,774 $208,686 +2.5%
        2012-- $203,671 +2%
        2011-- $199,678 +0.8%
        2010-- $198,186 -0.2%
        2009-- $198,658 +2%
        2008-- $194,763 +2%
        2007-- $190,945 +2%
        2006-- $187,202
        2005-- $187,202 +4%
        2004-- $179,934 +1.9%
        2003-- $176,637 +2%
        2002-- $173,174 +4%
        2000-- $166,452
        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.
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        Climate risks

        Neighborhood: North Hollywood

        Getting around

        72 / 100
        Very Walkable
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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