- – beds
- – baths
- – sqft
- 7,905 sqft lot
- – on site
A near-RTI development opportunity in the heart of North Hollywood. Situated on a 7,905 square foot LARD1.5-zoned lot with generous dimensions of 131.75 feet by 60 feet, the property currently features a vacant duplex (2+1, 1+1) and is in the final stages of approval for a 52-unit affordable housing development. The project has already secured Zoning (RD1.5), Fire Department, DAS and PZA approvals. Planning Department, Building & Safety and LID review are pending making it an almost RTI opportunity ideal for developers seeking a near-immediate path to construction. In addition to the nearly approved affordable housing plan, the property also qualifies for alternative development options under current zoning, including nine market-rate apartment units with parking, or seven townhomes plus two ADUs also with parking (Buyer to verify). A new owner also has the option to renovate and rent the existing vacant duplex as an income producing rental property. This flexibility allows investors to tailor the project to their investment goals, whether delivering mission-driven affordable housing or pursuing a market-rate strategy in a high-demand area. Offered at $1,400,000, or just $177.10 per square foot of land, the property presents an attractive land basis for a development site with entitlement momentum in one of Los Angeles' most connected neighborhoods. North Hollywood continues to grow as a major residential and employment hub, supported by access to the Metro Red Line, the revitalized NoHo Arts District, and close proximity to major entertainment and creative industry employers.
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Last updated Jul 15, 2025
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MLS# 25565197 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:Property located West of Lankershim Blvd & North of Vanowen Street
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Latitude:34.19501000
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Longitude:-118.38925400
The Property
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Property Type:Land
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Zoning:LARD1.5
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Topography:Flat
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Lot Size Area:7905.0000
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Lot Size Acres:0.1815
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Lot Size SqFt:7905.00
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Lot Size Source:Assessor
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View:None
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2321019005
The Community
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Association:No
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Senior Community:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/15/25
Jul 15, 2025
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Listed / Active | CRMLS_CA | $1,400,000 | 40.0% (30.2% / YR) |
3/19/24
Mar 19, 2024
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BRIDGE | $1,000,000 | 0.5% | |
2/16/24
Feb 16, 2024
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BRIDGE | $995,000 |