12012 Hart Street

North Hollywood , CA 91605

MLS#: 25601625

$1,450,000

Status: Active
Listing number: 25601625
Listing provided by: The Agency
Listing agent phone: None
Last update: 25 days ago
On site: a month ago
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Property

Beds

22

Full Baths

None

1/2 Baths

None

Year Built

1926

Sq.Footage

15,935

Incredible RTI development opportunity in the heart of North Hollywood. Fully entitled 22-unit affordable housing project featuring 19 one-bedroom and 3 studio units, all 100% affordable. Ready to build nowno entitlement delays. Ideally located near the NoHo Arts District, NoHo West, Universal, Warner Bros, and Disney, with Metro Red & G Line access. Estimated project cost $6.05M, stabilized value $8.66M. Excellent demographics, strong rental demand, and potential property-tax benefits via nonprofit partnership make this an outstanding turnkey investment in one of the Valley's fastest-growing markets.

Features & Amenities

Interior

  • Total Bedrooms

    22

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.161

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,450,000

  • Sq. Footage

    15, 935

  • Price/SqFt

    $90

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • Senior Community YN

    NO

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Location

County

Los Angeles

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Listing Courtesy of Amir Jawaherian , The Agency

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Incredible RTI development opportunity in the heart of North Hollywood. Fully entitled 22-unit affordable housing project featuring 19 one-bedroom and 3 studio units, all 100% affordable. Ready to build nowno entitlement delays. Ideally located near the NoHo Arts District, NoHo West, Universal, Warner Bros, and Disney, with Metro Red & G Line access. Estimated project cost $6.05M, stabilized value $8.66M. Excellent demographics, strong rental demand, and potential property-tax benefits via nonprofit partnership make this an outstanding turnkey investment in one of the Valley's fastest-growing markets.

12012 Hart Street

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