Selling or valuing property in North Hollywood.

Measure ULA applies above $5.4 million

North Hollywood is inside the City of Los Angeles. Since July 1, 2026, a sale there carries the city transfer tax of $2.25 per $500 of value plus Measure ULA: 4% of the entire price for sales above $5.4 million and under $10.9 million, or 5.5% at $10.9 million and above. The countywide $0.55 per $500 applies too. A year earlier, the ULA thresholds were $5.3 million and $10.6 million.LA County Registrar-Recorder — Documentary Transfer Taxes· October 20, 2026

Rent stabilization for pre-1978 buildings

Rental buildings first built on or before October 1, 1978, generally fall under Los Angeles's Rent Stabilization Ordinance, which allows one increase every 12 months at a city-set percentage and requires registration. Newer buildings may fall under the statewide cap (AB 1482) instead.LA Housing Department — RSO Overview· October 20, 2026California Civil Code §1947.12 (AB 1482)· October 20, 2026

District NoHo at the Metro station

In October 2024, Metro's board approved a joint development agreement with an affiliate of Trammell Crow Company for an 11.8-acre project at the North Hollywood station: more than 1,400 apartments, at least 311 of them affordable, plus retail, office space, and more than two acres of open space, built in phases.LA Metro — North Hollywood station joint development approved· October 3, 2024

SB 79 and the North Hollywood station

California's SB 79 took effect July 1, 2026 and allows taller housing near major transit stops; B Line subway stations such as North Hollywood fall in its top tier. Los Angeles is phasing the law in: in June 2026 the City Council voted for a Low-Rise Ordinance allowing up to four stories in 57 neighborhoods near transit and to delay full implementation in historic, high-fire-risk, and lower-resource areas; the plan still needed a final vote at the time. Check how your parcel is treated with LA City Planning.LAist — SB 79 transit housing map· June 1, 2026LAist — LA City Council SB 79 low-rise ordinance vote· June 3, 2026

Last reviewed October 20, 2026. General information, not tax or legal advice; rules change, so confirm the details for your property with your CPA or attorney.