CA > North Hollywood (los Angeles)
North Hollywood (los Angeles), CA 91605,12012 Hart Street
North Hollywood (los Angeles), CA 91605,12012 Hart Street
North Hollywood (los Angeles), CA 91605,12012 Hart Street
4
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$1,450,000
Est. payment /mo
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7,013 Sqft Lot
Active

12012 Hart Street North Hollywood (los Angeles), CA 91605

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25601767

HOA Y/N No

Lot Size 7,013 Sqft

Acres 0.16

Property Sub-Type Unimproved Land

Property Description

Fully RTI and ready to build, this 22-unit 100% affordable housing project in North Hollywood offers a rare turnkey development with no entitlement risk. Approved plans feature 19 one-bedroom and 3 studio units. Total project cost $6.05M with an estimated stabilized value $8.66M at a 5% cap rate, yielding a projected 7.2% return on cost. Prime infill location near NoHo Arts District, NoHo West, and major studios. High rental demand and potential property-tax exemption through nonprofit partnership make this a compelling opportunity for builders and investors seeking immediate project readiness and strong long-term value.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 2321011003

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Amir Jawaherian • The Agency

A FEW WORDS FROM PAST CLIENTS

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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12012 Hart Street

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