$1,000,000
11528 Emelita Street, North Hollywood 91601
6,040
Lot Size
Listing Agent
Daniel Shamooelian - Keller Williams Beverly HillsWe are pleased to present for a sale a prime LAR3 development opportunity near the Noho Arts District of North Hollywood! This FLAT ~6,040 sqft lot offers a developer the opportunity to build 5 units by right or up to 9 units using TOC Incentives. Lot dimensions are ~ 50 by 121 sqft, zoned (Q)R3-1, TOC Tier 1, and a corner lot (optimal for design efficiency & parking access!) Perfect for a fourplex or small lot subdivision! Located within a qualified Opportunity Zone, potential for tax incentives (buyer to verify). The subject property is located less than 1 mile from the heart of the Noho Arts District, super close to shopping, bars, dining, entertainment, and transportation. Current improvements include a single family home that has been owner occupied for 20+ years, will be SB 8 EXEMPT! No dealing with rent control or tenant relocation here! Do not miss this opportunity to purchase a rare corner site near all the shopping, restaurants, transportation, and amenities that North Hollywood has to offer its tenants. Home to be sold As-Is. Contact listing agent for more details!
Facts & Features
| MLS® # | 24381681 |
|---|---|
| Price | $1,000,000 |
| Bathrooms | 0.00 |
| Lot Size | 6,040 |
| Type | Land |
| Status | Active |
Community Information
| Address | 11528 Emelita Street |
|---|---|
| Area | NHO - North Hollywood |
| City | North Hollywood |
| County | Los Angeles |
| Zip Code | 91601 |
Amenities
| View | None |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | April 19th, 2024 |
|---|---|
| Days on Market | 13 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Daniel Shamooelian |
|---|---|
| Office | Keller Williams Beverly Hills |