12012 Hart St Active Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91605
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,935 sqft
Price per Sqft $90
MLS Listing ID 25601625
Bedrooms 22
Year Built 1926
Lot Size 7,013 Sqft
Property Sub-Type Multi-Family
Property 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.
Location
State CA
County Los Angeles
Area North Hollywood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment Range/Oven, Refrigerator
Exterior
Parking Features None
Building
Story 4
Others
Special Listing Condition Standard