North Hollywood Apartment Building Sales
Explore 42 closed transactions totaling $108.36M in North Hollywood. Data from the LAAA Team at Marcus & Millichap.
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Transactions
$108.36M
Total Volume
4.29%
Avg Cap Rate
$308,996
Avg $/Unit
9
Avg Units
2012
Since
Cap rate, price per unit and unit count are averaged across apartment sales only: 35 of these 42 closed transactions are apartment sales. A sale with no figure recorded is left out of that average, so cap rate draws on 34.
LAAA Team Track Record Since 2012
North Hollywood Multifamily Market Overview
North Hollywood has emerged as the San Fernando Valley's most dynamic multifamily market, driven by the NoHo Arts District's cultural renaissance and Metro B Line connectivity to Downtown LA and Hollywood. Across 42 closed transactions totaling $108.4M in volume, the LAAA Team has documented an average price per unit of $308,996 across its 35 apartment sales, and an average cap rate of 4.29% across the 34 of those with a rate recorded.
The NoHo Arts District, centered along Lankershim Boulevard and Magnolia Boulevard between Chandler and Camarillo, has attracted a wave of new mixed-use development, restaurants, and performance venues that have transformed the neighborhood from a blue-collar enclave to a creative-class destination. This evolution is reflected in pricing: properties within the Arts District command $350,000-$450,000 per unit, while blocks east of Vineland Avenue and north of Victory Boulevard offer more accessible entry points at $250,000-$300,000 per unit.
The Metro B Line station at Lankershim and Chandler provides direct rail access to Universal Studios, Hollywood, and Downtown LA, creating a tenant base of entertainment industry professionals, artists, and young workers who value transit connectivity. Most North Hollywood apartment buildings fall under the LA RSO for pre-1978 construction, with significant embedded value in below-market rents that can be captured through vacancy decontrol and strategic renovations.
Market Snapshot
Source: CoStar | Studio City/N Hollywood Multifamily | 2026 Q1Rents by Unit Type
Investment Activity (Trailing 12 Mo)
North Hollywood Market Area
LAAA Team Closings in North Hollywood
42 transactions by Glen Scher, Filip Niculete & the LAAA Team
5905 Whitnall Hwy
North Hollywood • 2026
$1,475,000Units
8Cap
5.88%$/Unit
$184,375
12800 Oxnard St
North Hollywood • 2025
$1,125,000Units
3Cap
5.62%$/Unit
$375,000
11143 Aqua Vista St
North Hollywood • 2024
$2,300,000Units
10Cap
4.98%$/Unit
$230,000
5630 Fair Ave
North Hollywood • 2024
$7,625,000Units
15Cap
5.17%$/Unit
$508,333
11616 Burbank Blvd
North Hollywood • 2024
$9,627,750Units
21Cap
5.71%$/Unit
$458,464
11344 Oxnard St
North Hollywood • 2024
$890,000Units
3Cap
5.02%$/Unit
$296,667
6746 Ben Ave
North Hollywood • 2024
$775,000
6740 Ben Ave
North Hollywood • 2024
$775,000
12805 Vanowen St
North Hollywood • 2024
$1,140,000Units
6Cap
4.28%$/Unit
$190,000
11952-11958 Vanowen St
North Hollywood • 2023
$2,190,000
10650 Camarillo St
North Hollywood • 2023
$1,250,000Units
2Cap
3.23%$/Unit
$625,000
5554 Klump Ave
North Hollywood • 2022
$1,800,000
5560-5564 Klump Ave
North Hollywood • 2022
$3,600,000
10617-10625 Oxnard St
North Hollywood • 2022
$4,130,000Units
12Cap
4.84%$/Unit
$344,167
5541 Fulcher Ave
North Hollywood • 2022
$5,675,000Units
15Cap
4.07%$/Unit
$378,333
6810 Simpson Ave
North Hollywood • 2022
$2,750,000Units
4Cap
4.18%$/Unit
$687,500
11408 Sarah St
North Hollywood • 2022
$5,726,000Units
10Cap
3.80%$/Unit
$572,600
6028 Craner Ave
North Hollywood • 2021
$1,000,000
4433 Cartwright Ave
North Hollywood • 2021
$1,525,000
5905 Whitnall Hwy
North Hollywood • 2021
$1,325,000Units
7Cap
3.70%$/Unit
$189,286
10800 Hesby St
North Hollywood • 2021
$3,330,000Units
10Cap
3.19%$/Unit
$333,000
4900 Riverton Ave
North Hollywood • 2020
$1,050,000Units
3Cap
2.82%$/Unit
$350,000
4904 Tujunga Ave
North Hollywood • 2020
$2,300,000Units
8Cap
4.21%$/Unit
$287,500
12828 Oxnard St
North Hollywood • 2019
$2,975,000Units
14Cap
3.62%$/Unit
$212,500
11561 Sylvan St
North Hollywood • 2018
$1,185,000Units
6Cap
3.40%$/Unit
$197,500
4400 Farmdale Ave
North Hollywood • 2018
$2,125,000Units
6Cap
3.88%$/Unit
$354,167
12647 Vanowen St
North Hollywood • 2017
$2,150,000Units
12Cap
4.48%$/Unit
$179,167
11659 Hamlin St
North Hollywood • 2017
$1,215,000Units
6Cap
4.00%$/Unit
$202,500
5543 Case Ave
North Hollywood • 2017
$4,700,000Units
18Cap
3.51%$/Unit
$261,111
12149 Oxnard St
North Hollywood • 2017
$2,437,500Units
8Cap
4.30%$/Unit
$304,688
11601-11609 Sylvan Street
North Hollywood • 2017
$2,175,000Units
12Cap
4.41%$/Unit
$181,250
11063 Cumpston St
North Hollywood • 2017
$3,109,000Units
8Cap
3.48%$/Unit
$388,625
13253 Vanowen Street
North Hollywood • 2017
$3,300,000Units
17Cap
4.10%$/Unit
$194,118
4916 Cahuenga Blvd
North Hollywood • 2016
$3,775,000Units
16Cap
4.24%$/Unit
$235,938
6901 Hinds Avenue
North Hollywood • 2016
$670,000Units
4Cap
4.83%$/Unit
$167,500
11204 Peach Grove Street
North Hollywood • 2016
$1,075,000Units
5Cap
4.66%$/Unit
$215,000
10800 Hesby Street
North Hollywood • 2016
$2,400,000Units
10Cap
4.12%$/Unit
$240,000
6805 Bellaire Avenue
North Hollywood • 2016
$932,250Units
6Cap
5.84%$/Unit
$155,375
10717 Bloomfield Street
North Hollywood • 2016
$1,100,000Units
4Cap
3.47%$/Unit
$275,000
11312 Huston Street
North Hollywood • 2015
$6,250,100Units
14Cap
4.29%$/Unit
$446,436
11303 Huston Avenue
North Hollywood • 2014
$2,250,000Units
5Cap
4.61%$/Unit
$450,000
11720 Hamlin St
North Hollywood • 2014
$1,150,000Units
8$/Unit
$143,750
Source: LAAA Team Closed Transactions
Recent Deal Stories
Our Active Listings in North Hollywood
North Hollywood Multifamily Investment FAQs
North Hollywood apartment buildings average $308,996 per unit across the LAAA Team's 35 apartment sales among 42 closed transactions, totaling $108.4M in volume. NoHo Arts District properties sit at the top of the neighborhood's range, while buildings east of Vineland Avenue offer lower entry points.
Cap rates in North Hollywood average 4.29% across North Hollywood's 34 apartment sales with a recorded cap rate. The compressed rates relative to Van Nuys (4.97%) and Canoga Park (5.32%) reflect the premium pricing driven by NoHo Arts District amenities and Metro B Line access.
The NoHo Arts District has been the primary driver of North Hollywood's pricing appreciation, with new restaurants, performance venues, and mixed-use developments along Lankershim Boulevard attracting higher-income tenants. Properties within the Arts District trade at a 30-40% premium per unit compared to eastern North Hollywood. Metro B Line connectivity accelerates this trend by linking NoHo to Hollywood and Downtown LA employment centers.
The LAAA Team has closed 42 transactions totaling $108.4M in North Hollywood since 2012, making it the team's second most active market after Van Nuys. This depth of experience covers the full range from Arts District premium assets to value-add opportunities along Vanowen Street and Oxnard Street.
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