12012 Hart Street new Save Request In-Person Tour Request Virtual Tour
North Hollywood (los Angeles),CA 91605
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,935 sqft
Price per Sqft $90
MLS Listing ID CL25601625
Year Built 1926
Lot Size 7,013 Sqft
Property Sub-Type Other
Property Description
Incredible RTI development opportunity in the heart of North Hollywood. Fully entitled 22-unit affordable housing project featuring 19 one-bedroom and 3 studio units, all 100% affordable. Ready to build nowno entitlement delays. Ideally located near the NoHo Arts District, NoHo West, Universal, Warner Bros, and Disney, with Metro Red & G Line access. Estimated project cost $6.05M, stabilized value $8.66M. Excellent demographics, strong rental demand, and potential property-tax benefits via nonprofit partnership make this an outstanding turnkey investment in one of the Valley's fastest-growing markets.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Building
New Construction No