11436 Hatteras St
North Hollywood, CA 91601
Land For Sale
·
0.24 AC
Property Facts
Description
BRC Advisors and Hudson Partners are pleased to present a shovel ready 30 unit project (28 Apt. Units and 2 Retail). Seller will deliver a fully entitled (RTI) 4 story and 3 level subterranean mixed-use opportunity. The project will have 28 (2 bedroom + 2 bath), with the average unit size 830 square feet. These are all market units with no affordable units. The retail component required under these entitlements are two retail units with 750 SF each. On the other hand, this parcel under the new TOC plan qualifies for an increased density allowing up to 45 units by right with a small affordable component as low as 10% of the overall project. Under the Tier 3 parking requirement is .5 per unit requiring 23 spaces for a 45 unit project. This land opportunity is simulated between Oxnard Street and Burbank Boulevard, 3 blocks north from the Metro Red Line Station. Adjacent to the NoHo Arts District, the development opportunity is nestled into one of LA's strongest rental markets.
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,966,000 | |
| Land Assessment | $2,134,000 | Total Assessment | $5,100,000 |
Property Taxes
