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North Hollywood, CA

$7,650,000

7635 Lankershim Boulevard, North Hollywood, CA
36
Beds
36
Baths
23,236
Sq Ft
1986
Built
72
Days listed

About this home

The 36-unit apartment community at 7635 Lankershim Blvd presents an attractive multifamily investment opportunity in the heart of North Hollywood. Built in 1986, the property consists of (36) spacious one-bedroom, one-bathroom units, offering an efficient and highly desirable unit mix for renters seeking quality housing in the San Fernando Valley. The property also has two potential ADU Conversion opoprtunities which includes a former recreation roo (cirrently used as a manager office) anda ground floor storage area, both offering potential to be converted into additional units. Situated along the well-traveled Lankershim Boulevard corridor, the property benefits from excellent accessibility to employment centers, retail amenities, and everyday conveniences that enhance tenant demand and long-term occupancy.Residents enjoy close proximity to a variety of lifestyle and transportation amenities that make North Hollywood one of the Valley's most dynamic rental markets. The property is located near the North Hollywood station, a major transit hub connecting the Metro B Line subway and G Line busway, providing convenient access throughout Los Angeles. The surrounding neighborhood also offers abundant shopping, dining, and entertainment options, including the popular NoHo West retail destination and the vibrant NoHo Arts District, known for its theaters, restaurants, and cultural venues. These nearby amenities, combined with strong regional connectivity and ongoing neighborhood revitalization, continue to attract renters seeking an urban lifestyle within the San Fernando Valley.

Facts & features

Interior
Bedrooms
36
Bathrooms
0 full, 0 half
Living area
23,236 sq ft
Levels
Multi Split
Exterior & lot
Lot size
0.596 acres (25,952 sq ft)
Year built
1986
Parking spaces
42
Community
Area
NHO - North Hollywood
County
Los Angeles
Listing details
Status
Active
Property type
Residential Income
Days on market
72
Listed
2026-03-04
Original price
$8,200,000
Parcel #
2317008016
MLS #
26670181
Listed by
Daniel Withers · Matthews Real Estate Investment Services

Location

Price history

Listed
$8,200,000 · 2026-03-04
Price reduced
$7,650,000 (−$550,000)
Days on market
72
Current price
$7,650,000
Financing

Could this home be yours?

Estimated monthly payment
$47,990
$38,683 principal & interest · $9,308 taxes & insurance
$1,530,000
Estimate only
Loan $6,120,000

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Estimated value range nearby
$7,315,237$8,587,453

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Listing data provided by CRMLS

Listing courtesy of Matthews Real Estate Investment Services. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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