List Search

6833 Simpson Ave
North Hollywood, CA 91605

$1,050,000 USD

Land For Sale  •  0.18 AC

Property Details

  • Property Type Land
  • Lot Size 0.18 AC
  • Zoning RD1.5
60 Transit Score
60 Walk Score

Description

Flexible residential redevelopment opportunity in North Hollywood. Level, rectangular 7,905 SF (0.18 AC) infill lot with approximately 60 feet of frontage on Simpson Avenue. The existing duplex has been Ellis'd and is delivered vacant with tenants cleared, removing relocation and Ellis Act hurdles. RD1.5-1 zoning, TOC Tier 2, and High Quality Transit Corridor proximity support two paths: a for-sale townhome subdivision (buyer may evaluate SB 684) or an affordable housing density bonus. Located in a Qualified Opportunity Zone, minutes from the NoHo Arts District and Hollywood Burbank Airport. Buyer to verify all development matters.

Highlights

Two development paths: for-sale townhomes or affordable density bonus
SB 684 subdivision potential for up to 10 lots
RD1.5-1 zoning, TOC Tier 2, High Quality Transit Corridor
Located in a Qualified Opportunity Zone (QOZ)
Minutes to NoHo Arts District, NoHo West, and Hollywood Burbank Airport

Public Transportation

Commuter RailDriveWalkDistance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.2 mi
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.1 mi
AirportDriveWalkDistance
Bob Hope 6 min - 2.1 mi
Los Angeles International 38 min - 25.4 mi
Long Beach (Daugherty Field) 52 min - 36.9 mi
Charlie Romanak 818-466-6443 Peak Commercial
Charlie Romanak 818-466-6443 Peak Commercial