North Hollywood, CA
Commercial Real Estate Market Trends & Data

$510 Avg asking sale price
$34 Avg asking lease rate
9,805 SF Avg unit lease size
11,201 SF Avg building size for sale
5.73% 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

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
North Hollywood $666 8,573 SF 8.61%
Toluca Terrace $658 3,179 SF 8.61%
Valley Village $619 6,088 SF 8.61%
Valley Glen $480 6,006 SF 8.47%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
North Hollywood $493 14,841 SF 6.65%
Toluca Terrace $523 8,600 SF 6.65%
Valley Village $576 8,840 SF 6.65%
Studio City $599 9,222 SF 6.65%
Nearby Retail Markets Avg Cost/SF Typical Size
North Hollywood $718 4,503 SF
Toluca Terrace $770 3,364 SF
Valley Village $805 4,361 SF
Valley Glen $593 6,168 SF
West Toluca Lake $421 5,462 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
North Hollywood $384 11,962 SF 8.05%
Toluca Terrace $419 16,095 SF 7.78%
Valley Village $442 13,335 SF 7.78%
Valley Glen $364 9,803 SF 7.78%
Studio City $425 13,697 SF 7.78%

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

Toluca Lake Apartments

Toluca Lake, CA 91602

  • 15,868 SF Multifamily
  • 5.17% Cap Rate
  • $8,250,000
For Sale

11473 Penrose St

Sun Valley, CA 91352

  • 5.86 AC Lot
  • 1 Industrial Lot
  • $26,500,000
For Sale

7231 Hinds Ave

North Hollywood, CA 91605

  • 6,273 SF Industrial Building
  • $2,500,000
For Sale

Victory Boulevard Portfolio

North Hollywood, CA

  • $2,800,000
For Sale

24 Units | 6.44% Cap Rate | 9.53 GRM

North Hollywood, CA 91605

  • 14,908 SF Multifamily
  • 6.44% Cap Rate
  • $4,895,000
For Sale

La Paz Plaza

North Hollywood, CA 91606

  • 13,450 SF Retail Building
  • 6.24% Cap Rate
  • $3,700,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
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Force Majeure Clause
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Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

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 $510 11,201 SF
Toluca Terrace $584 8,786 SF
Valley Village $601 8,495 SF
Valley Glen $458 7,912 SF
West Toluca Lake $412 6,900 SF

Multifamily Properties For Sale in North Hollywood

For Sale

The Centennial

Toluca Lake, CA 91602

  • 44,760 SF Multifamily
  • 5.29% Cap Rate
  • $24,000,000
For Sale

65 UNITS | 2026 BUILT | NOHO ARTS DISTRICT

North Hollywood, CA 91601

  • 81,250 SF Multifamily
  • $33,950,000
For Sale

5 Ones LLC

North Hollywood, CA 91601

  • 34,928 SF Multifamily
  • 4.58% Cap Rate
  • $17,999,000

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.

Nearby Market Trends