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Listed by Reza Ghobadi • Reza Ghobadi
$2,295,000
Est. payment /mo
9,231 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR24247256
Lot Size 9,231 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
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
Area Nho - North Hollywood
Zoning LW
Exterior
View None
Building
Water District - Public
Others
Tax ID 2337029005
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033