Stunning Development Opportunity in North Hollywood
Invest in the heart of North Hollywood with this prime lot, featuring a vacant single family home and approved plans for a multi-unit development.
- Price
- $1,295,000
- Bed
- 3
- Bath
- 1
- Sq ft
- 1,561
11322 Hatteras St North Hollywood, CA 91601
Listing Courtesy Of: Keller Williams Hollywood Hills, Bensimon, Yohann, 01966630
MLS #: 24-396973
Property Type: Single Family
Year Built: 1922
Status: Active
City: North Hollywood
Days on Market: 154
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
Cooling
- Other
Heating
- Other
Fireplace
- None
Laundry
- Other
Flooring
- Other
Rooms
- Other
What's Special About This Home
Welcome to this amazing property located in the desirable North Hollywood Arts District.
This RTI development opportunity is perfect for investors looking to capitalize on the growing demand for multi-family housing.
Currently on the lot stands a 3-bedroom single family home, along with a detached garage.
However, with approved plans in place, you can transform this lot into a 6-unit multifamily asset with a total of 20 bedrooms and over 9,000 SF of building area.
Each unit will feature spacious floor plans with private garages and rooftop decks.
The location is unbeatable, with easy access to LA Metro Bus and Train connection hubs, schools, parks, dining, and nightlife.
Don't miss your chance to be a part of this thriving community.