Twitter
Facebook
Email
|
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 $1,375,000, or just $173.94 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.
| DAYS ON MARKET | 46 | LAST UPDATED | 9/11/2025 |
|---|---|---|---|
| YEAR BUILT | 1946 | COMMUNITY | NHO - North Hollywood |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Sep 11, '25 | $1,400,000 |
|---|---|
| Sep 11, '25 - Today | $1,375,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | NHO - North Hollywood |
| HEAT | None |
| LOT | 7906 sq ft |
| STORIES | 1 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/21/25 4:31 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.