Los Angeles, CA 91602
$4,950,000
Mark Quesada
Broker / Owner
DRE #02101365
Exceptional multifamily development opportunity in the heart of North Hollywood. This C-2 zoned property offers a prime infill location with convenient access to Studio City, Toluca Lake, major employment centers, dining, shopping, and transit. The site offers compelling development upside, with a prior concept illustrating potential for a 31-unit multifamily project. Whether advancing a similar multifamily concept or exploring an alternative development strategy, this is a rare opportunity to capitalize on one of Los Angeles' most sought-after infill locations and with C-2 zoning there are many possibilities. An outstanding opportunity for developers, investors, and builders seeking a well-located site in one of Los Angeles' most active multifamily markets. Buyer to independently verify all zoning, development potential, density, entitlements, permits, and applicable City of Los Angeles requirements. First photo is a rendering.
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$36,532/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Construction
Lot & parking
Utilities
$1,348,753
Median sale price
41 days
Avg days on market
99.7% of list
Sells for
Closed sales in 91602 over the last 6 months, all home types.
Listed by Joshua Altman, Douglas Elliman of California, Inc.
Co-listed by Matthew J. Altman, Douglas Elliman of California, Inc.
MLS# 26860951 · Active
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
