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$2,295,000
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9,231 Sqft Lot
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24247256
HOA Y/N No
Lot Size 9,231 Sqft
Acres 0.2119
Property Sub-Type Lots/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
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
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 North Hollywood (91601)
Building
Lot Description Sidewalks
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $39
Acceptable Financing Cash
Listing Terms Cash
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Listed by Reza Ghobadi • Reza Ghobadi
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