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$ 1,598,888
Est. payment | /mo
10,798 Sqft Lot
$ 1,598,888
Est. payment | /mo
10,798 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26154238
HOA Y/N No
Lot Size 10,798 Sqft
Property Description
Prime North Hollywood development opportunity on an approximately 10,805 SF R3-1VL lot with approved plans for a 27-unit residential project consisting of 22 apartment units and 5 ADUs. The proposed development includes a five-story building with subterranean parking, approximately 31,622 SF of gross building area, and 23 on-site parking spaces. The property is currently improved with two residential structures and a detached garage/storage building. Located within a Tier 3 Transit Oriented Communities (TOC) area. Buyer to verify all zoning, approvals, permits, development standards, TOC incentives, square footage, and all information with the City of Los Angeles.
Buyer is advised to independently verify all zoning, approvals, permits, development potential, square footage, TOC incentives, affordable housing requirements, and all other information with the City of Los Angeles and applicable agencies.
Buyer is advised to independently verify all zoning, approvals, permits, development potential, square footage, TOC incentives, affordable housing requirements, and all other information with the City of Los Angeles and applicable agencies.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N No
View None
Building
Water Public
New Construction No
Others
Senior Community No
Tax ID 2416011026
Acceptable Financing 1031 Exchange, Private Financing Available
Listing Terms 1031 Exchange, Private Financing Available
Special Listing Condition Standard
Listed by Ramin Favakehi Ramin Favakehi, Broker 949-929-2630, DRE #01006682