North Hollywood CA Real Estate & Land for Sale

Existing burned duplex sold for land value only.There are ten reasons why we believe youve just stumbled upon what could be a near-perfect affordable housing development land acquisition opportunity. The site possesses the optimal zoning and economic incentives in place like Opportunity Zone/ED-1 Eligible/TOC/AB 2334 Very Low VMT/AB 2097 Reduced Parking Areas, etc. etc. etc. The site is not in a specific plan or in a Redevelopment Area.The site is located next to a swath of R1 zoned property (free parking?).The site is located a block from grocery, and CVS and, of course, Starbucksessentially a stones throw from every critical amenity.The site is walking distance (1-mile) from NoHo station (both rail and bus transportation) making it viable to live at the property and not own a car.The site is an uncommonly large single lot consisting of 16,316 SF of land with 60 of frontage. Its not too big of a project yet formattable enough to be compelling for a wide spectrum of investment and development organizations.The site is flat.The site will not require the displacement of tenants as the duplex on site has been vacant for over 5+ years (abatement filed by City in 2019) after fires burned the property. The demo is not complete. Hence, the lookback period is 5 years. The likelihood of zero replacement units also opens of conversation for less dense development typologies.The site is 1,800 feet from NoHo west; the perfect market rate rent barometer demonstrating rental rates for 1 beds about 30% higher than the deed restricted amounts mandated for 1 bed units under ED-1.The site enjoys immediate adjacency to a 10 unit building and 12 unit building to the north and south respectively. Hence, views from the proposed new project will not be affected likely for many years into the future (the likelihood of demolition of such buildings is low in the near term).

We are excited to introduce the rare opportunity to develop two SFRs and one detached ADU located at 6746 Ben Avenue in North Hollywood, California. The Offering totals 8,000.50 square feet of land and is RTI (ready-to-issue). North Hollywood is experiencing a surge in new construction, with numerous projects underway or recently completed. The neighborhood is attracting developers due to its convenient location in the San Fernando Valley and its status as a transportation hub with access to major freeways and public transit. New apartment buildings and mixed-use developments are rising along busy thoroughfares, offering residents easy access to shops, restaurants, and entertainment. Additionally, many of these new constructions feature eco-friendly and sustainable designs, reflecting a growing concern for the environment and a desire for more energy-efficient buildings. With the increase in new development, North Hollywood is poised to become a more vibrant and dynamic community. (Can Be Purchased with 6740 Ben Ave or Separately)

Over 30 empty burial spaces available for way below market value in the beautiful Valhalla Memorial Park Cemetery. The owner of these serene spaces privately owns a portion in the cemetery but is selling of his spaces privately / individually. If multiple spaces are purchased together, the owner is willing to sell for even less! These spaces have doubled in market value over the last few years. The Cemetery itself is home to Veteran heroes, old Hollywood royalty, aviation pioneers & many other locals that have found their final resting place here. The cemetery is located in a haven of tranquility, these sacred grounds offer more than just a final resting place, they provide a sanctuary for cherished memories to bloom eternally. The property remains well maintained & includes many warming features such as fountains, endless greenery, trees, scenic mountain views, watersides, memorials, museums, daily service & maintenance, & much more..... The listing price is per space. Single lots currently range from $20,995 & up to $32,995. Please feel free to reach out for further details.

6729 Babcock Ave, North Hollywood, CA 91606 is a vacant land home with size of 6224 sqft. Great Opportunity for all Investors and Developers. Rare opportunity awaits you in North Hollywood. This Property is being sold as-is land value.