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Image 1 - 5535 Elmer Ave, North Hollywood, California, 91601 - House for sale
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Elmer Ave, North Hollywood, Home For Sale
5535 Elmer Ave, North Hollywood, California, 91601

Elmer Ave, North Hollywood, Home For Sale

house for sale
Listed: Today

5535 Elmer Ave, North Hollywood, California, 91601

2 Bed:
1 Bath:
1,014 Sq Ft Living Area:
Save
Price
$ 1,5M

About This House

Located in the heart of NoHo Arts District and Metro Station. This7, 257sq.ft. property offers rare R4 zoning and Zero Parking requirements. Build up to Seventy-Five ft., residential building in prime redevelopment zone.North Hollywood plans a $1 billion mixed-use development at Lankershim and Chandler, surrounding the Metro Red and Orange line terminals. The project would re-develop 15.6 acres (63, 000m2) with600, 000square feet (56, 000m2) of commercial space and nearly 1500 residential units in three high-rise towers. The project was awarded to Trammell Crow Company and High Street Residential by the Los Angeles Metro board.The NoHo Arts District is a haven for the creative class with a significant number of performance spaces, art galleries, workshops, studios, and live music venues. Near landmarks like The Television Academy and thriving amid art installations and dance studios, Universal studios close by. The neighborhood embodies a unique blend of creative and cosmopolitan living.

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North Hollywood Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.