6928 Gentry Ave North Hollywood, CA 91605

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25537267

Lot Size 8,010 Sqft

Acres 0.1839

Property Description

We are pleased to offer for sale an exceptional RD 1.5 development site in the heart of North Hollywood. This approximately 8,010 sq ft lot presents a rare opportunity to build five units or townhomes by right, with no SB 8 restrictions - meaning no rent control, tenant relocation, or affordable housing requirements; SB 8 CLEARANCE LETTER ALREADY IN HAND = ZERO LOW INCOME units will be required!!! Currently improved with a single-family residence, the property is ideal for a by right 5 unit project or may qualify as a strong candidate for a 100% affordable ED 1 project. Located just about one mile from "NOHO West" with convenient access to the 170 Freeway, public transit, shopping, dining, and more. The neighborhood is experiencing significant growth with numerous new developments nearby, underscoring the area's high rental demand. This is an excellent opportunity for builders or investors seeking a shovel-ready project in one of LA's most active submarkets. Property to be sold As-Is, for land value only. Buyer to independently verify all zoning and development potential with LADBS. Contact listing agent for more details!

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Exterior

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Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

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