11528 Emelita Street

North Hollywood, CA 91601

$1,000,000

Listed Price
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shower Baths

N/A sqft

straighten $726 / sqft

calendar_month Built

Property Description

We 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!

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 11528 Emelita Street
City North Hollywood
State CA
Zip 91601
County Los Angeles
Listing Agent Daniel Shamooelian DRE#01984269
Courtesy Of Keller Williams Beverly Hills
MLS 24381681
List Price $1,000,000
Status Active
Type Land
Structure Size N/A
Lot Size 6,040
DOM 8

Exterior Information

Maps

Listing information courtesy of: Daniel Shamooelian, Keller Williams Beverly Hills . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 27th, 2024 at 5:14 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.