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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,450,000

Est. payment - /mo

22 Beds

22 Baths

15,935 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 15,935 sqft

Price per Sqft $90

MLS Listing ID 25601625

Bedrooms 22

HOA Y/N No

Year Built 1926

Lot Size 7,013 Sqft

Property Description

Incredible RTI development opportunity in the heart of North Hollywood. Fully entitled 22-unit affordable housing project featuring 19 one-bedroom and 3 studio units, all 100% affordable. Ready to build nowno entitlement delays. Ideally located near the NoHo Arts District, NoHo West, Universal, Warner Bros, and Disney, with Metro Red & G Line access. Estimated project cost $6.05M, stabilized value $8.66M. Excellent demographics, strong rental demand, and potential property-tax benefits via nonprofit partnership make this an outstanding turnkey investment in one of the Valley's fastest-growing markets.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features None

Building

Story 4

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2321011003

Special Listing Condition Standard

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Listed by Amir Jawaherian The Agency

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12012 Hart ST North Hollywood, CA 91605