North Hollywood CA Real Estate & Land for Sale

Shovel ready DOUBLE LOT development opportunity in North Hollywood with all plans and approvals in place. Current plans call for 34,700 SqFt, 6 story building with 30 large units, including 6 future ADU conversions after C of O. Including the future ADUs there are 15 three bedroom units, 10 two bedroom units, and 5 one bedroom units. 3 units are to be Extremely Low Income. No subterranean, parking for 18+ cars is on the ground level. Buyer needs to record the low income covenant in their name to clear housing, pay some fees, and pull permit. MEP are RTI. Alternatively, buyer can go for fully affordable development and build 100+ units. Tenants are month to month and would move out with 30 day notice. Addresses are 5317 and 5321 Satsuma Ave. APNs are 2416-007-022 and 2416-007-023. Plans and approvals are available upon request.

Seller would consider seller financing with 50% down payment.Development Opportunity in North Hollywood: Approved Plans for 22 Residential Units + 5 ADUs (27 Total Units)A prime development opportunity is available in the rapidly growing North Hollywood area! This 10,803 SF lot comes with approved plans for a 27-unit residential development. The project includes 22 residential units and 5 Accessory Dwelling Units (ADUs)one on each floor. All necessary approvals, including LADWP service approval, have been secured, and MEP plans have already been submitted and paid for.The property spans 10,805 SF (0.248 acres), offering approximately 80 feet of frontage on North Riverton Avenue with a depth of about 135 feet. The site currently features two residential buildings and a garage/storage structure. Zoned R3-1VL, TIER 3, and located within a State Enterprise Zone, this property presents an exceptional opportunity for high-density development.Key Features:Approved plans and MEP plans ready to go56-foot building height with 5 residential floors and subterranean parkingTotal development space of approximately 31,622 SF (FAR of 4.3:1)Unit mix: 3 one-bedroom units, 17 two-bedroom units, 2 three-bedroom units23 on-site parking spacesBuyer required to record a low-income covenant for two units and pay necessary feesThis is a rare opportunity to create a high-density residential project in one of LA's most vibrant and rapidly developing neighborhoods. Don't miss out on this incredible potential!

Studio City adjacent lot- Fantastic opportunity to build a multi unit building. Great opportunity for developers or investors looking to capitalize on this property's location. Seller states that they have approved plans for Multi Family Residence with Underground Garage 5,285 sq ft, Building Footprint 3,374 sq ft., First Floor Area 3,301 sq ft, Typical Floor Area 3,276 sq ft, Fourth Floor Area 3,185 sq ft, Unit 1= 758 sq ft Studio, Unit 2 = 1,628 sq. ft.(3 Bedrooms), Unit 3, 5 = 1,183 sq. ft.(2 Bedrooms), Unit 4, 6 = 1,701 sq. ft. (3 Bedrooms), Unit 7 = 1,025 sq. ft.(2 Bedrooms), Unit 8 = 1,507 sq. ft.(3 Bedrooms). Seller has demoslished the house that was on the property. Water, Electric and gas should all still be available. Don't miss this one.

Great Redevelopment opportunity in North Hollywood, CA - located at 12040 W Stagg St., currently zoned (T)R3-1-CUGU and consisting of 8,936 square feet. This single-parcel, corner lot is just one block east of Laurel Canyon Boulevard. Redevelopment Opportunities: This site offers multiple redevelopment options, providing flexibility for investors and developers:1. By-Right Development: Build up to 11 units in a 4-story structure(limited to 45 feet in height) without the need for any entitlements.2. State Density Bonus Program (AB1287): Take advantage of the state's density bonus, allowing for a 100% increase in density resulting in up to 24 units in a 5-story structure.3. 100% Affordable Housing: Pursue a 100% affordable project utilizing either the State Density Bonus or the LA City ED1 programs, potentially unlocking additional benefits and incentives for affordable housing development. The current ownership has preliminary plans for a new 11,974 SF multifamily building spanning four stories. The proposed unit mix includes: (7) one-bedroom, one-bathroom units (4) two-bedroom, one-bathroom units ADU unit (Accessory Dwelling Unit) Current Tenancy: The property is currently occupied by a tenant on a month-to-month lease.

We are pleased to present an affordable housing development opportunity at 12801 Barbara Ann St. Located just south of Sherman Way in the Valley Glen neighborhood of North Hollywood. The 9,433 SF lot will be delivered fully entitled for 45 income-restricted housing units with no parking required. The project's central Valley location and proximity to major employment hubs and the Hollywood Burbank Airport are prime for a high velocity workforce housing lease up strategy, allowing a mission driven developer the opportunity to support the missing middle segment given the project's discount to surrounding market rents. Plans call for an efficient five story project, utilizing an all-wood Type IIIA construction. The lot currently consists of a single-family residence that will be delivered vacant at the close of escrow, allowing a developer to break ground immediately. The finished project totals 28,774 SF and has a desirable unit mix of one single (386 SF), 43 one-bedrooms (434-455 SF), and one three-bedroom (903 SF), allowing a developer to collect rents above $5 per SF. The lot is offered at a low $40,000 per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. The project also offers the unique opportunity to purchase an ED-1 project in a qualified opportunity zone, taking advantage of potential tax benefits including potential elimination of capital gains tax, greatly enhancing project returns. The project is located just west of the 170 Freeway accessible via Sherman Way and provides convenient access to most major neighborhoods throughout the Valley. The central location allows for an easy commute to nearby neighborhoods such as Sherman Oaks, Studio City, Panorama City, and Sun Valley, among others; the site is also walking distance to three metro local line bus stops on Sherman Way. Located in a densely populated, infill submarket of Los Angeles, the project benefits from retail amenities along Sherman Way & Coldwater Canyon Ave. The project is in close proximity to schools within a half mile, including James Madison Middle School and Coldwater Canyon Ave Elementary School.

Redevelopment opportunity in North Hollywood, California. This project features two stories of on-grade parking (Type I-A) and five residential stories (Type III-A). Located in an Opportunity Zone, the project is approved for 36 apartment units with an excellent mix of 20 two-bedroom/two-bath units and 16 one-bedroom/one-bath units, along with 27 parking stalls. The project will be delivered RTI (Ready to Issue) prior to the close of escrow. 36-Unit Redevelopment in North Hollywood Will be delivered RTI (Ready to Issue) Type III-A (Apartments) & Type I-A (Parking Garage) 27 Parking Stalls Opportunity Zone 20 two-bedroom units and 16 one-bedroom units Net Rentable: 27,731 square feet Total Building Envelope: 34,317 square feet Located just north of Burbank Blvd. and west of Vineland Ave. Easy access to the 170, 101 and 134 Freeways as well as Interstate 5

ATTENTION DEVELOPERS, INVESTORS AND SAVVY END USERS! Excellent development opportunity in North Hollywood. This is a 3,814 square foot lot, zoned LAC2. Seller has plans for a duplex consisting of a three bed/two bath unit and a two bed/one bath unit, as well as a two bed/one bath ADU. Permits have not yet been obtained. The property has strong investment potential in a great location.

Sitting on a shovel ready Tier 3 TOC opportunity zone lot, 5640 Case Ave offers the opportunity to build 6 units with 3 bedrooms each, totaling 6,794 sqft on a 6,002 sqft lot. RTI plans include 4 units to be built plus 1 ADU with an additional ADU to potentially be built after construction. Enjoy the opportunity to build in one of the most trendy neighborhoods, the NoHo Arts District.

>>>> $100,000 FINAL PERMITS IS ALREADY PAID!!!!!!!!!!!Incredible opportunity to acquire a FULLY APPROVED "RTi" 5 unit + ADU project on almost 8,200sf of land zoned for multifamily.Plans are available to view. Optional 2 additional units can be added per architect (buyer to verify all information).Other multifamily projects available. Please call or text the team at 818-873-3863Disclosure: Listing agent has an ownership interest in the property.