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11722 Archwood St
North Hollywood, CA 91606
NoHo Archwood 37 Units · Land For Sale · 0.42 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.42 AC
Zoning R3-1

Description

Plans for a Luxury 37 Unit Development with On Grade Parking, No Rent Control, On-Ground Parking located in the Opportunity Zone!!!! Prime North Hollywood location, minutes from the NoHo Art District and NOHO West! Archwood Development is proposed as a Sophisticated-Living Apartment Complex comprised of 37 Units ( 32 Units are 2bedrooms and 5 Studio units). Building will feature a Courtyard, Lobby, Gymnasium, Library and Managers office to cater to tenants needs. Expected to generate an Annual Pro-Forma Gross Income of $1,222,800! Great Investment in the up-and coming area of NoHo! Ready to Issue Permits upon close Escrow!

  • Listing ID: 16189236

  • Date on Market: 5/30/2019

  • Last Updated:

  • Address: 11722 Archwood St, North Hollywood, CA 91606

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