North Hollywood (los Angeles), CA 91605,12012 Hart Street
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North Hollywood (los Angeles), CA 91605,12012 Hart Street
North Hollywood (los Angeles), CA 91605,12012 Hart Street
North Hollywood (los Angeles), CA 91605,12012 Hart Street
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12012 Hart Street North Hollywood (los Angeles), CA 91605

15,935 SqFt


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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

HOA Y/N No

Year Built 1926

Lot Size 7,013 Sqft

Acres 0.16

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

Fireplace No

Building

New Construction No

Others

Tax ID 2321011003


Bridge MLS
Listed by Amir Jawaherian • The Agency
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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12012 Hart Street