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.
For sale
$1,450,000
12012 Hart St, North Hollywood, CA 91605
22beds
22baths
15,935sqft
Est.:
Multi Family
Built in 1926
-- sqft lot
$1,410,000 Zestimate®
$91/sqft
$-- HOA
What's special
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