Property Detail

12012 Hart

North Hollywood CA 91605

$1,450,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Amir Jawaherian of The Agency. Last updated 2025-11-12 09:11:24.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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