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11334 Tiara St
North Hollywood, CA 91601
Land For Sale
·
0.16 AC
Investment Highlights
- No rent control on the future project! Delivered RTI!!! Get ready to build ASAP ? SB-8 EXEMPT!
- Outstanding projected exit price of $3,850,000. If you build and hold, we project a savings of close to $900,000 off retail price.
- Expertly designed plans that combine ultra-sleek design with attention to cost effective construction. No relocations needed!
- Huge (7,002 SF) flat lot, ideal for a new construction project. Ideal lot dimensions of 50’ x 140’
- Future projected monthly rent of $24,200. All 5 and 4 bedroom units, meaning maximum income.
- Located in the ultra-trendy NoHo Arts District, the hottest rental market in the Valley.
Property Facts
| Property Type | Land | Total Lot Size | 0.16 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Apartment Units | ||
| Zoning | LARD2 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.16 AC |
| No. Stories | 1 |
| Zoning | LARD2 |
Description
11334 Tiara St is an SB-8 EXEMPT, NON-RENT CONTROLLED, 7,002 square foot flat lot in an unbeatable NoHo location walking distance to Lankershim Blvd (NoHo Arts District’s main hub) and NoHo West, a massive mixed-use development with Trader Joes, Regal Cinema Movie Theater, LA Fitness, The Stand, Ulta Beauty, Starbucks and more. NoHo is the hottest rental market in the Valley- and this highly walkable location will make for low vacancy and ideal tenants for years to come!
Property Taxes
| Parcel Number | 2337-012-008 | Improvements Assessment | $0 |
| Land Assessment | $1,250,000 | Total Assessment | $1,250,000 |
Property Taxes
Parcel Number
2337-012-008
Land Assessment
$1,250,000
Improvements Assessment
$0
Total Assessment
$1,250,000
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