North Hollywood has the most active new construction pipeline of any central Valley submarket. It's also where the sharpest vintage-based pricing divergence in the Valley shows up — a 1965 RSO-covered building and a 2019 Costa-Hawkins exempt building on the same NoHo block trade at meaningfully different values.
Selling an apartment building here? North Hollywood multifamily broker — Michael Sterman's record, comparables and process →
| Buildings closed | 10 |
| Units | 177 |
| Total volume | $44.5 million |
| Median price per unit | $257K |
| Range | $123K – $490K |
Median and range are drawn from the 10 North Hollywood buildings in the Sterman Transaction Index — Michael Sterman's own closed book, not a market-wide estimate. Per-unit pricing tracks building size as much as location, so compare against buildings of similar unit count rather than against the submarket average.
| Address | Units | Price | Closed |
|---|---|---|---|
| 10833-10835 Camarillo St | 8 | $2,900,000 | 2025-09 |
| 10933 Huston St | 40 | $13,175,000 | 2025-01 |
| 10833 Camarillo St | 8 | $2,900,000 | 2024-09 |
| 11500 Riverside Dr | 5 | $1,450,000 | 2023-09 |
| 5237 Willowcrest Ave | 5 | $2,450,000 | 2016-10 |
| 11840 Kittridge St | 46 | $8,575,000 | 2016-07 |
| 5328 Harmony Dr | 15 | $2,855,000 | 2014-09 |
| 5250 Denny Ave | 15 | $2,955,000 | 2014-09 |
| 11307 Morrison St | 29 | $6,520,000 | 2013-12 |
| 5229 Satsuma Avenue | 6 | $740,000 | 2012-10 |
North Hollywood is central Valley floor, transit-proximate via the Red Line, and has anchored much of the Valley's new apartment development since 2018. The result is a mixed inventory: substantial pre-1978 LA City RSO s...
Read the full seller's guide →Living in townNorth Hollywood (NoHo) is a neighborhood in the southeastern San Fernando Valley. NoHo Arts District has a concentrated theater and creative-class identity; surrounding residential areas are more conventionally Valley-su...
See the full neighborhood profile →Closings9 Sterman Multifamily Group closings in North Hollywood. See the full transaction record.
See all 9 North Hollywood closings →FAQ4 common questions about selling an apartment building in North Hollywood — answered.
Read the full FAQ →NoHo's pricing is tied to the Red Line terminus and the Arts District identity. Transit-adjacent post-1995 product is institutionally favored. Further from the core, the submarket grades toward conventional Valley pricing and conventional Valley buyer pools.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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