North Hollywood, CA
Commercial Real Estate Market Trends & Data

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%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
North Hollywood $653 8,711 SF 8.47%
Toluca Terrace $598 4,750 SF 6.77%
Valley Village $593 6,988 SF 8.47%
Valley Glen $665 6,006 SF 8.47%
Studio City $578 10,516 SF 8.47%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
North Hollywood $496 14,184 SF 1.22%
Toluca Terrace $498 8,880 SF 6.58%
Nearby Retail Markets Avg Cost/SF Typical Size
North Hollywood $714 4,478 SF
Toluca Terrace $759 3,419 SF
Valley Village $789 4,479 SF
Valley Glen $604 6,168 SF
West Toluca Lake $421 5,462 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
North Hollywood $360 12,834 SF 8.05%
Toluca Terrace $402 15,551 SF 7.92%
Valley Village $418 11,464 SF 7.92%
Valley Glen $340 12,469 SF 7.92%
Studio City $405 14,190 SF 7.68%

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

3108 W Valhalla Dr

Burbank, CA 91505

  • 8,000 SF Industrial Building
  • $3,250,000
For Sale

5853 Vineland Ave

North Hollywood, CA 91601

  • 4,217 SF Multifamily
  • 7.25% Cap Rate
  • $2,225,000
For Sale

2821 W Burbank Blvd

Burbank, CA 91505

  • 1,680 SF Retail Building
  • $1,295,000
For Sale

2022 Built Valley Glen Multifamily | 68 Units

Van Nuys, CA 91401

  • 66,796 SF Multifamily
  • 5.50% Cap Rate
  • $22,900,000
For Sale

3512 W Victory Blvd

Burbank, CA 91505

  • 1,700 SF Retail Building
  • $1,299,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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 $517 11,018 SF
Toluca Terrace $566 8,906 SF
Valley Village $583 7,981 SF
Valley Glen $624 9,203 SF
West Toluca Lake $391 6,055 SF

Multifamily Properties For Sale in North Hollywood

For Sale

2022 Built Valley Glen Multifamily | 68 Units

Van Nuys, CA 91401

  • 66,796 SF Multifamily
  • 5.50% Cap Rate
  • $22,900,000
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.