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Investment Highlights

  • Redevelopment - 22 unit apartment building
  • RTI project- ready to pull the permit and break ground
  • No parking; 24 bicycle parking spaces
  • ED1 project – 100% affordable housing
  • 19 one-bedroom and 3 two-bedroom units
  • Privately funded project, not subject to prevailing wages

Executive Summary

ED1 Project: 4-story 22 unit apartment building - 100% affordable housing
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
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.16 AC
Opportunity Zone Yes
Zoning LARD1.5 - Restricted-Density Multiple Dwelling 1,500sf min per dwelling unit

1 Lot Available

Lot

Price $1,210,000
Price Per AC $7,762,530.71
Lot Size 0.16 AC
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
2320-019-014
Land Assessment
$719,956
Improvements Assessment
$208,080
Total Assessment
$928,036
  • Listing ID: 39625914

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 11405 Archwood St, North Hollywood, CA 91606

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