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!
MLS #
CRGD25096622
MLS Source
California Regional MLS
Days on Site
12
Bedrooms
Ground Floor Bedroom
Kitchen
None
Fireplace
None
Laundry
In Kitchen
Cooling
None
Heating
Wall Furnace
Pool
None
Garage/Parking
Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LARS
7941 Rhodes Ave is a Single Family Residence in North Hollywood, CA 91605. This 918 square foot property sits on a 8,842 Sq Ft Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $799,000 and was built in 1963.
This address can also be written as 7941 Rhodes Ave, North Hollywood, CA 91605.©2025 California Regional MLS. All rights reserved. All data, including 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 02, 2025. For the most current information, please contact Anahit Martikyan, (818) 476-4133