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.
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Listing provided courtesy of Amir Jawaherian of The Agency. Last updated 2025-11-05 09:11:16.000000. Listing information © 2025 CRMLS.
Pablo Martinez
DRE# 01353280
P.O. Box 22291
San Diego, CA 92192
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619.480.0890
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