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5451 Troost Ave
Valley Village, CA 91601
Land For Sale
·
0.31 AC
PROPERTY FACTS
DESCRIPTION
Bita Yaghoobian from Concord Real Estate Services is pleased to exclusively list 5451 Troost Ave, a prime development opportunity in the highly sought after North Hollywood submarket of Los Angeles. The subject property features a 13,338 sf lot that can support 8 buildable units with the current zoning. This is an excellent opportunity for a local developer to add to the gentrification movement within North Hollywood, CA. The North Hollywood submarket of Los Angeles, situated south of Burbank Blvd is less than a mile from the metro station on Lankershim. Investors, residents, and businesses are benefiting from the ongoing growth and development in North Hollywood and the immediate surrounding markets. New residential developments are attracting more tenants. New businesses and restaurants best described as über-eclectic are setting up shop here. More and more people are utilizing the Metro to get here. And most importantly, the arts scene is simply exploding.
