Description
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.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47875612
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.2479
- Lot Size Dimensions: 80x135
- Lot Size Source: Assessor
- Lot Size Square Feet: 10800
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Listing Information
Listing Price Information
- Original List Price: 3,500,000
- Listing Contract Date: 2024-11-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 2416007023
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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: 3347
- Directions: East of Vineland, North of Magnolia
- 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 12/04/2024 @ 03:33
- MLS: 24467095
- 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 Los Angeles , in zip code 91601, this Los Angeles County Land are nearby neighborhoods.