This Land Property is no longer advertised on LoopNet.com.

11042 La Maida St
North Hollywood, CA 91601
Multi Family Development prime NoHo District · Land For Sale · 0.20 AC

Investment Highlights

  • 8,524 square feet of land zoned R3-1
  • No affordable housing linkage fee
  • Approximately 55 feet of frontage along La Maida Street
  • The proposed 10 unit project will be delivered RTI
  • TOC Tier 1, allowing for up to 17 apartment units
  • Proximate to Burbank, NoHo Arts District, Studio City, Hollywood, Van Nuys, and Sherman Oaks.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 0.20 AC
Zoning LAR3

Description

11042 La Maida Street is ideally located in center of the high demand submarket of North Hollywood, which boasts rapid gentrification, dense immediate population, high barriers to entry, and strong market fundamentals yielding an investor/developer landlord favored market conditions with significant growth potential. Centrally located just off Lankershim Boulevard and Camarillo Street within short walking distance to the NoHo Arts District Theatres and the Metro Red Line Station, and conveniently positioned in the center of a broad range of employment and retail options, the opportunity is surrounded by affluent high-end neighborhoods, boutique bars/restaurants, and numerous high profile office towers and mixed use developments.

Property Taxes

Property Taxes

Parcel Number
2353-025-033
Land Assessment
$1,365,393
Improvements Assessment
$0
Total Assessment
$1,365,393
  • Listing ID: 22508849

  • Date on Market: 3/18/2021

  • Last Updated:

  • Address: 11042 La Maida St, North Hollywood, CA 91601

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