Valley Village (VVL) Land for Sale

Welcome to Valley Village, a hidden gem nestled in the heart of North Hollywood, California. This vibrant community, known for its charming tree-lined streets and a welcoming atmosphere, offers a unique blend of suburban tranquility and urban convenience. With its prime location in Los Angeles County, Valley Village boasts easy access to a plethora of amenities, including trendy cafes, upscale dining, and boutique shopping.

Valley Village is renowned for its strong sense of community, where neighbors become friends and local events bring everyone together. The area is home to several parks and recreational spaces, perfect for outdoor enthusiasts and families looking to enjoy the California sunshine. Additionally, the neighborhood is served by excellent schools and is just a stone's throw away from the cultural attractions of Hollywood and the bustling energy of downtown Los Angeles.

For those looking to invest in real estate, Valley Village presents a fantastic opportunity with available land for sale. Imagine the possibilities of building your dream home or creating a stunning investment property in this desirable locale. The land offers ample space to design a residence that perfectly fits your lifestyle, all while being surrounded by the charm and convenience that Valley Village has to offer.

Whether you’re looking to settle down in a peaceful neighborhood or seeking a lucrative investment, Valley Village is the perfect place to plant your roots. Discover the potential of this enchanting community and turn your real estate dreams into reality!

Newest Valley Village (VVL) Land for Sale

$1,349,000

26866283 MLS ⋅ Active Status

BUILDERS, DEVELOPERS, CONTRACTORS & OWNER-USERS! Discover a rare and valued opportunity to design and build the custom home you've always envisioned in one of Valley Village's most coveted neighborhoods: An idyllic, vibrant tree lined community and wonderful place to call home! Set on an expansive 7,000+ sq. ft. mid-block lot along a picturesque, tree-lined street, this exceptional property offers the perfect setting to create a one-of-a-kind residence. Located within the highly acclaimed Colfax Charter Elementary School District (currently ranked the 9th best charter school in California!) this premier location combines the tranquility of an established residential neighborhood with outstanding convenience. Enjoy close proximity to houses of worship, beloved Valley Village Park, the North Hollywood Recreation Center and Library, Universal, CBS, Disney, Burbank and Warner Bros. Studios, the NoHo West mega complex's shopping and entertainment destination, and the eclectic boutiques, cafes, galleries, and theaters of the vibrant NoHo Arts District. Whether you're a developer, investor, or future homeowner, this is an exceptional opportunity to build your dream home and become part of one of the San Fernando Valley's most desirable communities.

12214 Huston Street, Valley Village

$2,950,000

26856035 MLS ⋅ Active Status

We are pleased to present 4635-4639 Tujunga Avenue, a fully entitled affordable housing development opportunity located in the highly desirable Studio City / Valley Village corridor of North Hollywood. Situated on a 13,805 square foot site, the property is approved for a 58-unit income-restricted apartment community and qualifies for Tier 3 Section 8 rents. Positioned within a High Resource Area under the TCAC/HCD Opportunity Map and designated as a High Opportunity Area by HUD, the project offers developers meaningful advantages for tax credit scoring while enhancing long-term investment fundamentals. Delivered vacant and fully Ready-to-Issue (RTI), the project allows a developer to commence construction immediately without entitlement risk. All discretionary approvals have been completed, eliminating years of processing time, carrying costs, and approval uncertainty, allowing investors to focus on execution rather than entitlement. The approved plans feature a highly efficient six-story Type III-A building totaling approximately 37,930 square feet of residential area. By utilizing special code provisions that eliminate the need for a costly concrete podium, the design significantly improves construction efficiency and project economics. The thoughtfully designed unit mix consists of 55 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, maximizing efficiency while addressing the strong demand for affordable housing throughout the San Fernando Valley. Ideally positioned at the intersection of Studio City, Valley Village, and Toluca Lake, the property offers immediate access to some of Southern California's largest employment centers, including NBCUniversal, Warner Bros. Studios, Walt Disney Studios, and the broader Burbank Media District. The surrounding neighborhoods are characterized by predominantly higher-income single-family housing with limited affordable inventory, creating sustained demand from employees seeking quality workforce housing in a high-opportunity location. Recent updates to TCAC rent schedules, effective July 1, 2026, further strengthen the investment profile. Schedule IX now permits rents of up to $2,499 for one-bedroom units, while approximately 20% of the project's units designated under Schedule VI are eligible for rents of up to $2,247. These enhanced payment standards narrow the gap between restricted and market rents, improving project underwriting and supporting stronger long-term valuations. Additionally, developers pursuing maximum yield may realize further upside through Section 8 voucher participation. Combined with HACLA's continued support for voucher mobility into high-opportunity neighborhoods, the project offers a compelling opportunity to maximize stabilized income while delivering much-needed affordable housing in one of the Valley's strongest rental markets.

4635 Tujunga Avenue, North Hollywood

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.