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RTI Project - 22 Unit - North Hollywood 11405 Archwood St 3 Unit Apartment Building $1,210,000 ($403,333/Unit) North Hollywood, CA 91606



Executive Summary
Project: 4 story 22 unit apartment building - ED1 100% affordable housing.
? Currently a vacant triplex
? Redevelopment - 22 unit apartment building
? ED1 project – 100% affordable housing
? RTI Project – Ready to pull the permit and break ground
? Building area: 11,635 square feet
? Lot Area: 6,790 square feet
? 19 one-bedroom and 3 two-bedroom units
? No parking
? 24 bicycle spaces
? APN: 2320-019-014
? Privately funded project, not subject to prevailing wages
? Currently a vacant triplex
? Redevelopment - 22 unit apartment building
? ED1 project – 100% affordable housing
? RTI Project – Ready to pull the permit and break ground
? Building area: 11,635 square feet
? Lot Area: 6,790 square feet
? 19 one-bedroom and 3 two-bedroom units
? No parking
? 24 bicycle spaces
? APN: 2320-019-014
? Privately funded project, not subject to prevailing wages
Property Facts
| Price | $1,210,000 | Building Class | C |
| Price Per Unit | $403,333 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 2,136 SF |
| No. Units | 3 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1946 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LARD1.5 - Restricted-Density Multiple Dwelling 1,500sf min per dwelling unit. | ||
| Price | $1,210,000 |
| Price Per Unit | $403,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,136 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1946 |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - Restricted-Density Multiple Dwelling 1,500sf min per dwelling unit. |
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 2320-019-014 | Improvements Assessment | $208,080 |
| Land Assessment | $719,956 | Total Assessment | $928,036 |
Property Taxes
Parcel Number
2320-019-014
Land Assessment
$719,956
Improvements Assessment
$208,080
Total Assessment
$928,036
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RTI Project - 22 Unit - North Hollywood | 11405 Archwood St
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