Description
A near-rti development opportunity in the heart of north hollywood. situated on a 7,905 square foot lard1.5-zoned lot with generous dimensions of 131.75 feet by 60 feet, the property currently features a vacant duplex (2+1, 1+1) and is in the final stages of approval for a 52-unit affordable housing development. the project has already secured zoning (rd1.5), fire department, das and pza approvals. planning department, building & safety and lid review are pending making it an almost rti opportunity ideal for developers seeking a near-immediate path to construction. in addition to the nearly approved affordable housing plan, the property also qualifies for alternative development options under current zoning, including nine market-rate apartment units with parking, or seven townhomes plus two adus also with parking (buyer to verify). a new owner also has the option to renovate and rent the existing vacant duplex as an income producing rental property. this flexibility allows investors to tailor the project to their investment goals, whether delivering mission-driven affordable housing or pursuing a market-rate strategy in a high-demand area. offered at $1,400,000, or just $177.10 per square foot of land, the property presents an attractive land basis for a development site with entitlement momentum in one of los angeles' most connected neighborhoods. north hollywood continues to grow as a major residential and employment hub, supported by access to the metro red line, the revitalized noho arts district, and close proximity to major entertainment and creative industry employers.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
50428927
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1815
- Lot Size Source: Assessor
- Lot Size Square Feet: 7905
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Listing Information
Listing Price Information
- Original List Price: 1,400,000
- Listing Contract Date: 2025-07-14
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 2321019005
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Postal Code Plus 4: 6115
- Directions: Property located West of Lankershim Blvd & North of Vanowen Street
- Zoning: LARD1.5
- Source Property Type: Land
- Area: NHO - North Hollywood
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 07/25/2025 @ 12:57
- MLS: 25565197
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7,905 sized lot, and 0 parking. are nearby neighborhoods.