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$999,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 1,920 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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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!

Full Property Details for 7723 Simpson Ave

General

  • Price: $999,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SR26114834
  • Updated: 6/9/2026
  • Days on Market: 3 days
  • Added to Site: 3 day(s) ago

Interior

  • Rooms/Areas: Primary Bedroom, Laundry, Kitchen, Living Room, Primary Suite, Primary Bathroom
  • Interior Features: Recessed Lighting
  • Fireplace(s): None
  • Appliances: Gas Cooktop, Microwave, Gas Range, Gas Oven, Dishwasher
  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Inside, Gas Dryer Hookup, Washer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage, Gated, Garage (Single Door), Garage Faces Front, Driveway

Location

  • County: Los Angeles
  • Driving Directions: Lankershim Blvd. & Saticoy St.

School Information

  • School District: Los Angeles Unified

Community

  • Community Features: Curbs, Street Lights, Sidewalks

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Single Family Residence
  • Common Walls: No Common Walls
  • Windows: Double-Pane Windows
  • Doors: Sliding Doors, Mirror Closet Door(s)
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 1,920
  • Sq. Ft. Source: Assessor
  • Year Built: 1991
  • Year Built Source: Public Records

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.1197
  • Lot Size (Sq. Ft.): 5,213
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre, Front Yard, Back Yard
  • Fencing (Description): Wood

Financial Considerations

  • Price Per Sq. Ft.: $520.31

Disclosures and Reports

  • Special Conditions: Standard

Listed by Luxury Collective, Ofri Peretz

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Listing agent

— 7723 Simpson Ave —

  • Ofri Peretz

    Luxury Collective

818-569-9947

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7723 Simpson Ave

School District:Los Angeles Unified School District
NameGradesDistance
Julie Korenstein Elementary School
7650 Ben Ave., Los Angeles, CA 91605
PK-50.3 mi
Sun Valley Engineering And Technology Magnet
7330 Bakman Ave., Los Angeles, CA 91352
6-80.8 mi
John H. Francis Polytechnic
12431 Roscoe Blvd., Los Angeles, CA 91352
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7723 Simpson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/08/2026
Listed
$999,000
72.24%
MLS
12/20/2019
Sold
$580,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7723 Simpson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,890
3%
$634,311
4%
2023
$7,637
5%
$609,681
2%
2022
$7,285
1%
$597,727
2%
2021
$7,191
-8%
$586,008
-7%
2020
$7,829
482%
$627,300
25%
2019
$1,345
-76%
$502,505
124%
2018
$5,675
97%
$224,829
2%
2017
$2,878
3%
$220,421
2%
2016
$2,795
1%
$216,100
2%
2015
$2,757
-1%
$212,855
2%
2014
$2,774
—
$208,686
—
2013
$2,774
—
$207,744
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 7723 Simpson Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Luxury Collective, Ofri Peretz

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7723 Simpson Avenue, North Hollywood, CA 91605 (MLS# SR26114834) is a Single Family property with 4 bedrooms and 4 full bathrooms. 7723 Simpson Avenue is currently listed for $999,000 and was received on June 08, 2026. Want to learn more about 7723 Simpson Avenue? Do you have questions about finding other Single Family real estate for sale in North Hollywood? You can browse all North Hollywood real estate or contact a Coldwell Banker agent to request more information.

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