North Hollywood CA Real Estate & Land for Sale

Developers, here is your next opportunity to build a new construction fourplex in NOHO ARTS! 11334 Tiara St is an SB-8 EXEMPT, NON-RENT CONTROLLED, 7,002 square foot flat lot that is being delivered with RTI plans for FOUR meticulously designed units with a future projected value of $3,400,000!!! The plans on this are next level, combining ultra-sleek design with attention to cost-effective construction (no need for steel or commercial construction, meaning lots of $$$ saved!). The plans feature two freestanding 3-story 5 bed, 5.5 bath homes that we project will obtain $5,200+ a piece in rent, and a duplex containing two 4 bed, 4.5 bath units, each with a projected rent of $4,600. These expertly designed plans will be impressive to both future tenants and future buyers- making this a brilliant investment whether you build and hold or build and sell. Upon completion of the construction, we project a total monthly rent of $19,600, meaning if you buy and hold long-term you're looking at an over 7% cap rate! This property boasts an unbeatable NoHo location walking distance to Lankershim Blvd (NoHo Arts Districts main hub) and NoHo West, a massive mixed-use development with Trader Joes, Regal Cinema Movie Theater, LA Fitness, The Stand, Ulta Beauty, Starbucks and more. NoHo is the hottest rental market in the Valley- and this highly walkable location will make for low vacancy and ideal tenants for years to come!

We are proud to exclusively present for sale a Redevelopment Opportunity in the NoHo Arts District. With 16,399 SF of C4-1-CA Land and NO Rent Control to worry about, bring your Contractor and build the Seller's 40 Unit RTI Project, or reimagine the corner lot with 56 Units plus ADUs and Retail Units!NoHo has seen an incredible change starting in the early 2000sbecoming the go-to destination for young professionals looking for a walkable neighborhood with fine dining and entertainment. And the real estate developments geared towards older residents have been a tremendous success as well, including the NoHo Senior Arts Colony a short block away, and Affordable Projects like the Harmony Gates Apartments across the street. The neighborhood is as pedestrian friendly as they get, with Ralphs Supermarket practically across the street, the Chandler Bikeway a block north, practically countless dining and entertainment options all around (but especially on Lankershim and Vineland), and the North Hollywood Metro Station with the terminus of the Orange High Speed Bus Line and the Red Subway Line less than a mile away. This property is located in a Qualified Opportunity Zone! Transaction includes 3 APNs: 2416-009-025, 2416-009-027 & 2416-009-029.

Attention Investors, Developers and Builders! With shortage of housing, an excellent opportunity to build a multi residential complex on this over 7,200 sqft land, located in a desirable area of North Hollywood. No costly tenant relocation. Close proximity to North Hollywood Arts District, transportation, and shops and restaurants. Property is zoned LARD1.5, TOC Tier 3.

Price reduced. Motivated seller. Wonderful rare mixed use development opportunity on a major street in North Hollywood. The immediate area has many recently completed, proposed and in development residential projects. This proposed project is located on commercially zoned land in an opportunity zone with RTI in hand. Located just few short blocks from the Metro B(Red Line) station as well as the Orange Line Busway. As proposed, the project does not require rent control or income restricted units and consists of 12 one bedroom residential units with large balconies and terraces as well as 4 ground level commercial office/retail units. The project faces Cahuenga and also has rear alley access as well as 4 excess parking spaces. remainder of the permit fees are less than 71K, project is exempt from impact fee. Current owner could lease back existing property until construction. All reasonable offers shall be considered as the seller is motivated.

North Hollywood, NoHo art district!!.PRICE REDUCED 1000,000.00 FROM ORIGINAL LISTING PRICE!! This opportunity provides an investor/developer with the ability to start construction immediately and take advantage of strong rent growth and positive market momentum in a dynamic North Hollywood, NoHo art district. Please review the attached plans for 31 CONDO residential & 1 CONDO commercial, approved recorded tract map, plus 76parking spaces with the following details:Shovel ready! Building permit, grading and shoring permits are all already paid by seller.25 units 2-Bedroom/2-Bathroom units with an average unit size of 1187quare feet and6 units 1-Bedroom /1-Bathroom units with a unit size of 600 square feet.1 unit condominium commercial unit with 710 sq footALL together almost 40,000.00 square foot gross area.