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$ 1,450,000
Est. payment | /mo
22 Beds
22 Baths
15,935 SqFt
$ 1,450,000
Est. payment | /mo
22 Beds
22 Baths
15,935 SqFt
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
Listed by Amir Jawaherian The Agency
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "