Land For Sale • 0.14 AC
The site is zoned R3-1-RIO, allowing for multifamily residential development and supporting higher-density infill projects consistent with surrounding uses. The property is fully entitled for a 10-unit apartment development, with planning and zoning approvals secured, including density bonus incentives that reduce entitlement risk and development timelines.
| Fully entitled 10-unit apartment project with planning and zoning approvals secured, including density bonus incentives. |
| Offered at $1,290,000, the site represents a compelling below-replacement-cost opportunity in a supply-constrained North Hollywood submarket. |
| Strong rental demand fundamentals and limited new multifamily supply support long-term rent growth and exit liquidity. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) | 8 min | - | 3.7 mi |
| Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 8 min | - | 3.8 mi |
| Transit/Subway | Drive | Walk | Distance |
| Universal City/Studio City (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 9 min | - | 4.4 mi |
| Los Angeles International | 34 min | - | 24.3 mi |
| Long Beach (Daugherty Field) | 46 min | - | 33.5 mi |