For Sale
North Hollywood, CA
Commercial Real Estate Market Trends & Data
$704
Avg asking sale price
$479
Avg asking lease rate
15,539 SF
Avg unit lease size
10,254 SF
Avg building size for sale
5.57%
Average cap rate
North Hollywood's Demographic Profile
North Hollywood has 86,755 households and a median income of $75,415, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 215,500 |
| # Households | 86,755 |
| Median age | 39 |
| Median household income | $75,415 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 59,468 |
| 5-year population change | -2% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near North Hollywood, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Hollywood | $594 | 6,303 SF | 8.61% |
| Toluca Terrace | $542 | 4,823 SF | 8.61% |
| Valley Village | $549 | 6,888 SF | 8.61% |
| Valley Glen | $427 | 6,477 SF | 8.47% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| North Hollywood | $692 | 4,783 SF |
| Toluca Terrace | $771 | 3,170 SF |
| Valley Village | $782 | 4,516 SF |
| Valley Glen | $614 | 6,404 SF |
| Studio City | $830 | 5,076 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Hollywood | $390 | 11,623 SF | 8.84% |
| Toluca Terrace | $419 | 14,548 SF | 8.84% |
| Valley Village | $436 | 12,614 SF | 8.84% |
| Valley Glen | $385 | 7,691 SF | 7.78% |
| Studio City | $414 | 12,541 SF | 8.84% |
Commercial Properties For Sale in North Hollywood
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether North Hollywood pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| North Hollywood | $704 | 10,254 SF |
| Toluca Terrace | $567 | 8,719 SF |
| Valley Village | $576 | 8,686 SF |
| Valley Glen | $476 | 7,051 SF |
| West Toluca Lake | $369 | 8,349 SF |
Multifamily Properties For Sale in North Hollywood
For Sale
Regional Demographic Comparison
This comparison places North Hollywood alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in North Hollywood or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| North Hollywood | 215,500 | 86,755 | 39 | $75,415 | 2 | 59,468 | -2% |
| Toluca Terrace | 40,683 | 18,882 | 37 | $63,278 | 2 | 15,751 | -1% |
| Valley Village | 70,935 | 32,622 | 38 | $71,728 | 2 | 25,585 | -1% |
| Valley Glen | 56,700 | 20,536 | 40 | $61,523 | 3 | 13,783 | -3% |
| West Toluca Lake | 2,414 | 1,221 | 39 | $67,241 | 2 | 917 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in North Hollywood, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in North Hollywood
View All Commercial Real Estate For Sale in North Hollywood
Is North Hollywood a good market for a first-time commercial real estate investor?
North Hollywood offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in North Hollywood?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in North Hollywood. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in North Hollywood?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for North Hollywood. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does North Hollywood compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to North Hollywood. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for North Hollywood acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in North Hollywood, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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