Description
Soon to be rti development opportunity in north hollywood – approximely 10,803 sf lot with approved plans for 22 plus 5 recreation units for adu development
this prime 10,805 square foot property (0.248 acres) is located in north hollywood, offering approximately 80 feet of frontage along north riverton avenue and a depth of about 135 feet. currently improved with two residential buildings and a garage/storage structure.
zoned r3-1vl, tier 3, the site is within a designated state enterprise zone, providing potential incentives for development.
the approved project plans call for the construction of a 22-unit residential building, plus 5 recreation units for adu development, one in each floor, with a total building height of 56 feet. the project will feature five residential levels above one subterranean parking level, comprising approximately 31,622 square feet of space with a floor area ratio (far) of 4.3:1. the mix of units will include 3 one-bedroom units, 17 two-bedroom units, and 2 three-bedroom units, along with 23 on-site parking spaces.
this property offers an exciting opportunity for a developer looking to capitalize on the growing north hollywood market, with an approved plan for high-density residential development in a prime location.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47583645
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Property Details
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2479
- Lot Size Source: Assessor
- Lot Size Square Feet: 10800
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Listing Information
Listing Price Information
- Original List Price: 2,800,000
- Listing Contract Date: 2024-11-07
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 2416011026
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Postal Code Plus 4: 3336
- Directions: Magnolia and Riverton
- Zoning: LAR3
- Source Property Type: Land
- Area: NHO - North Hollywood
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 11/23/2024 @ 19:44
- MLS: OC24229901
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 10,800 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of North Hollywood , in zip code 91601, this Los Angeles County Land are nearby neighborhoods.