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$2,590,000
Est. payment /mo
9,230 Sqft Lot
UPDATED:
12/10/2024 07:15 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24247256
HOA Y/N No
Lot Size 9,230 Sqft
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
• 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
Area Nho - North Hollywood
Zoning LAC2
Interior
Fireplace No
Exterior
Community Features Sidewalks
View Y/N No
View None
Building
Water Public
New Construction No
Others
Senior Community No
Tax ID 2337029005
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Reza Ghobadi • Reza Ghobadi • 818-793-2923