$ 1,450,000
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$1,450,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing CLW-X79013 - CLW-C105850
Fully RTI and ready to build, this 22-unit 100% affordable housing project in North Hollywood offers a rare turnkey development with no entitlement risk. Approved plans feature 19 one-bedroom and 3 studio units. Total project cost $6.05M with an estimated stabilized value $8.66M at a 5% cap rate, yielding a projected 7.2% return on cost. Prime infill location near NoHo Arts District, NoHo West, and major studios. High rental demand and potential property-tax exemption through nonprofit partnership make this a compelling opportunity for builders and investors seeking immediate project readiness and strong long-term value.
Listing Highlights for 12012 Hart St
Status
Active
Days on Site
20
Property Type
Vacant Land
MLS ®
25601767
Year Built
Total Square Footage
0
Lot/Acreage
0.16
County
Los Angeles
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Zoning: LAR3
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2321011003
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
12012 Hart St North Hollywood, CA 91605
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