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$2,295,000
Est. payment /mo
9,231 Sqft Lot
UPDATED:
01/16/2025 03:51 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR24247256
HOA Y/N No
Lot Size 9,231 Sqft
Acres 0.21
Property Sub-Type Unimproved Land
Property Description
Redevelopment opportunity in North Hollywood, California. This project features two stories of on-grade parking (Type I-A) and five residential stories (Type III-A). Located in an Opportunity Zone, the project is approved for 36 apartment units with an excellent mix of 20 two-bedroom/two-bath units and 16 one-bedroom/one-bath units, along with 27 parking stalls. The project will be delivered RTI (Ready to Issue) prior to the close of escrow. • 36-Unit Redevelopment in North Hollywood • Will be delivered RTI (Ready to Issue) • Type III-A (Apartments) & Type I-A (Parking Garage) • 27 Parking Stalls • Opportunity Zone • 20 two-bedroom units and 16 one-bedroom units • Net Rentable: 27,731 square feet • Total Building Envelope: 34,317 square feet • Located just north of Burbank Blvd. and west of Vineland Ave. • Easy access to the 170, 101 and 134 Freeways as well as Interstate 5
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 2337029005
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Listed by Reza Ghobadi • Reza Ghobadi