
North Hollywood, California 91606
Analysis of 6401 Denny Avenue, North Hollywood, California 91606 is currently available with a list price of $1,750,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1946, this property is marketed exclusively as a development site for a 19-unit apartment building. While the existing duplex currently generates income, the listing emphasizes the LAR3 zoning, land value, and preliminary entitlements, indicating the structure is intended for demolition to make way for new construction.
Elementary School: Theodore Roosevelt Elementary School (9/10).
Zoned LAR3 on a spacious corner lot, the property includes preliminary plans and entitlements for a 19-unit apartment building, offering significant value-add potential for developers.
The existing duplex on-site provides steady cash flow, allowing an investor to offset holding costs while finalizing the remaining 60% of the development plans.
With only 40% of preliminary plans in place, the buyer must navigate the remaining city approvals and architectural requirements, which involves additional time and regulatory risk.
The $1.75M list price represents a high entry point for land, requiring a developer with substantial liquid capital to manage both the acquisition and the subsequent construction costs.
Developers, Investors, Builders...Great development opportunity on this sweeping corner lot in prime North Hollywood location...over 800 square feet of buildable land. Duplex is on site and delivering nice income while you get ready to make it happen. Owner has plans for 19 units to be built...with nearly 40% of preliminary plans in place...entitlements too. Plans call for 2BRs and 3BRs on a great new building with tremendous location for solid rents. Zoning is LAR3. Don't wait on this location as it will go fast and the seller is motivated.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,978 | 2,203 | 40% |
| Lot Size | 8,016 | 7,502 | 80% |
| Price | $1.75M | $1.10M | 80% |
| Price per sq ft | $885 | $374 | 80% |
| Built year | 1946 | 1951 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 169 | 20% |
Mar 11, 2026
$1,750,000
Initial Listing
Mar 22, 2005
$500,000
Public Record