Description
We are pleased to offer for sale an exceptional rd 1.5 development site in the heart of north hollywood. this approximately 8,010 sq ft lot presents a rare opportunity to build five units or townhomes by right, with no sb 8 restrictions - meaning no rent control, tenant relocation, or affordable housing requirements; sb 8 clearance letter already in hand = zero low income units will be required!!! currently improved with a single-family residence, the property is ideal for a by right 5 unit project or may qualify as a strong candidate for a 100% affordable ed 1 project. located just about one mile from "noho west" with convenient access to the 170 freeway, public transit, shopping, dining, and more. the neighborhood is experiencing significant growth with numerous new developments nearby, underscoring the area's high rental demand. this is an excellent opportunity for builders or investors seeking a shovel-ready project in one of la's most active submarkets. property to be sold as-is, for land value only. buyer to independently verify all zoning and development potential with ladbs. contact listing agent for more details!
Property Type
LandCounty
Los AngelesStyle
LandAD ID
50081758
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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: 0.1839
- Lot Size Dimensions: 60x133
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 8010
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Listing Information
Listing Price Information
- Original List Price: 925,000
- Listing Contract Date: 2025-05-20
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 2321012036
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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: 5936
- Directions: North of Vanowen St, South of Hart St, East of Laurel Canyon, West of Lankershim Blvd
- 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 06/07/2025 @ 00:43
- MLS: 25537267
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 8,010 sized lot, and 0 parking. are nearby neighborhoods.