Property Details
Property Details
Property Details
5515 Cahuenga, North Hollywood, CA 91601
$1,890,000 LOGIN TO SAVE
5515 Cahuenga, North Hollywood, CA 91601
Bedrooms:
Bathrooms:
Area: SqFt.
Description
Price reduced. Motivated seller. Wonderful rare mixed use development opportunity on a major street in North Hollywood. The immediate area has many recently completed, proposed and in development residential projects. This proposed project is located on commercially zoned land in an opportunity zone with RTI in hand. Located just few short blocks from the Metro B(Red Line) station as well as the Orange Line Busway. As proposed, the project does not require rent control or income restricted units and consists of 12 one bedroom residential units with large balconies and terraces as well as 4 ground level commercial office/retail units. The project faces Cahuenga and also has rear alley access as well as 4 excess parking spaces. remainder of the permit fees are less than 71K, project is exempt from impact fee. Current owner could lease back existing property until construction. All reasonable offers shall be considered as the seller is motivated.
Features
- 0.23 Acres
Listing provided courtesy of Vahe Avakian of Green World Realty. Last updated 2023-04-20 09:17:40.000000. Listing information © 2022 Sandicor.
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 Sandicor®, Inc.
Copyright © 2022 Maldonado Team. All Rights Reserved.
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 Sandicor®, Inc.
Copyright © 2022 Maldonado Team. All Rights Reserved.
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