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5625 Case Ave
North Hollywood, CA 91601
Land For Sale
·
0.37 AC
Investment Highlights
- Vacant land within walking distance to the North Hollywood Metro Station.
- Plans for a 5 story, 14 unit multi-family building with 70 en-suite rooms and rooftop sundeck.
- Annual gross revenue is projected at $1M.
- Potential for Townhome or Apartment development.
- Located in the Opportunity Zone, State Enterprise Zone and TOC Tier 3.
- Estimated timeline for RTI is first quarter 2023.
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.37 AC |
| Zoning | LARD1.5 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.37 AC |
| Zoning | LARD1.5 |
Description
Vacant land. Potential for townhome or apartment development.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,346,000 | Total Assessment | $2,346,000 |
Property Taxes
Parcel Numbers
Land Assessment
$2,346,000
Improvements Assessment
$0
Total Assessment
$2,346,000
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