The city of North Hollywood is located in the heart of the San Fernando Valley, less than 20 miles north of downtown Los Angeles. Bordering Studio City, Valley Village and Toluca Lake, North Hollywood is situated in the eastern part of the valley and lies at the base of the popular Hollywood Hills area. North Hollywood’s real estate market offers a blend of condominiums, townhouses and single-family homes. (more)
With a population of less than 200,000, North Hollywood is blessed with plenty of sunshine and scenery. This widely diverse area provides residents with more than enough recreational activities to fill their free time. From fun-filled family outings to Universal City Walk and Universal Studios, to a romantic evening under the beautifully shining stars listening to classical or jazz music at the Hollywood Bowl, North Hollywood has it all.
The 101 freeway allows residents quick and easy access in and out of the community. Those who like to get away or travel frequently will enjoy their proximity to the Burbank and Los Angeles International airports. Metro railway systems enable residents to easily reach destinations as far south as San Diego and as far north as Santa Barbara.
The thriving economy of North Hollywood finds its pillars in the entertainment and hospitality industries, along with banking, retail sales, educational services, real estate and accounting, among others. The Los Angeles Unified School District provides younger generations with an excellent education.
North Hollywood Home Prices
The real estate market in North Hollywood is diverse, with plenty of single-family homes available alongside North Hollywood condos and townhomes. Homes in the North Hollywood area are priced from the low $200,000s to about $500,000 for a basic three-bedroom residence. More extravagant three to five-bedroom homes can be found for approximately $600,000 or more. (more)
Larger North Hollywood luxury homes and estate properties are priced well into the millions. Many of these residences offer breathtaking city views of the valley below, and several houses include amenities such as spas, multiple fireplaces and swimming pools. Those in the market for a condo or townhome property in North Hollywood will find plenty for sale. Two to three-bedroom townhouse properties can be purchased from $120,000 to about $700,000.
North Hollywood, California Average Home Sizes and Asking Prices
North Hollywood Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $312,968 compared to $314,392 the previous week, for a slight decrease of less than -1%. For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in North Hollywood CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in North Hollywood to help you find the best home!
