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$1,598,888

Prime North Hollywood development opportunity on an approximately 10,805 SF R3-1VL lot with approved plans for a 27-unit residential project consisting of 22 apartment units and 5 ADUs. The proposed development includes a five-story building with subterranean parking, approximately 31,622 SF of gross building area, and 23 on-site parking spaces. The property is currently improved with two residential structures and a detached garage/storage building. Located within a Tier 3 Transit Oriented Communities (TOC) area. Buyer to verify all zoning, approvals, permits, development standards, TOC incentives, square footage, and all information with the City of Los Angeles. Buyer is advised to independently verify all zoning, approvals, permits, development potential, square footage, TOC incentives, affordable housing requirements, and all other information with the City of Los Angeles and applicable agencies.

OC26154238 MLS ⋅ Active Status

Prime North Hollywood development opportunity on an approximately 10,805 SF R3-1VL lot with approved plans for a 27-unit residential project consisting of 22 apartment units and 5 ADUs. The proposed development includes a five-story building with subterranean parking, approximately 31,622 SF of gross building area, and 23 on-site parking spaces. The property is currently improved with two residential structures and a detached garage/storage building. Located within a Tier 3 Transit Oriented Communities (TOC) area. Buyer to verify all zoning, approvals, permits, development standards, TOC incentives, square footage, and all information with the City of Los Angeles. Buyer is advised to independently verify all zoning, approvals, permits, development potential, square footage, TOC incentives, affordable housing requirements, and all other information with the City of Los Angeles and applicable agencies.

5315 Riverton Avenue, North Hollywood

$2,950,000

We are pleased to present 4635-4639 Tujunga Avenue, a fully entitled affordable housing development opportunity located in the highly desirable Studio City / Valley Village corridor of North Hollywood. Situated on a 13,805 square foot site, the property is approved for a 58-unit income-restricted apartment community and qualifies for Tier 3 Section 8 rents. Positioned within a High Resource Area under the TCAC/HCD Opportunity Map and designated as a High Opportunity Area by HUD, the project offers developers meaningful advantages for tax credit scoring while enhancing long-term investment fundamentals. Delivered vacant and fully Ready-to-Issue (RTI), the project allows a developer to commence construction immediately without entitlement risk. All discretionary approvals have been completed, eliminating years of processing time, carrying costs, and approval uncertainty, allowing investors to focus on execution rather than entitlement. The approved plans feature a highly efficient six-story Type III-A building totaling approximately 37,930 square feet of residential area. By utilizing special code provisions that eliminate the need for a costly concrete podium, the design significantly improves construction efficiency and project economics. The thoughtfully designed unit mix consists of 55 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, maximizing efficiency while addressing the strong demand for affordable housing throughout the San Fernando Valley. Ideally positioned at the intersection of Studio City, Valley Village, and Toluca Lake, the property offers immediate access to some of Southern California's largest employment centers, including NBCUniversal, Warner Bros. Studios, Walt Disney Studios, and the broader Burbank Media District. The surrounding neighborhoods are characterized by predominantly higher-income single-family housing with limited affordable inventory, creating sustained demand from employees seeking quality workforce housing in a high-opportunity location. Recent updates to TCAC rent schedules, effective July 1, 2026, further strengthen the investment profile. Schedule IX now permits rents of up to $2,499 for one-bedroom units, while approximately 20% of the project's units designated under Schedule VI are eligible for rents of up to $2,247. These enhanced payment standards narrow the gap between restricted and market rents, improving project underwriting and supporting stronger long-term valuations. Additionally, developers pursuing maximum yield may realize further upside through Section 8 voucher participation. Combined with HACLA's continued support for voucher mobility into high-opportunity neighborhoods, the project offers a compelling opportunity to maximize stabilized income while delivering much-needed affordable housing in one of the Valley's strongest rental markets.

26856035 MLS ⋅ Active Status

We are pleased to present 4635-4639 Tujunga Avenue, a fully entitled affordable housing development opportunity located in the highly desirable Studio City / Valley Village corridor of North Hollywood. Situated on a 13,805 square foot site, the property is approved for a 58-unit income-restricted apartment community and qualifies for Tier 3 Section 8 rents. Positioned within a High Resource Area under the TCAC/HCD Opportunity Map and designated as a High Opportunity Area by HUD, the project offers developers meaningful advantages for tax credit scoring while enhancing long-term investment fundamentals. Delivered vacant and fully Ready-to-Issue (RTI), the project allows a developer to commence construction immediately without entitlement risk. All discretionary approvals have been completed, eliminating years of processing time, carrying costs, and approval uncertainty, allowing investors to focus on execution rather than entitlement. The approved plans feature a highly efficient six-story Type III-A building totaling approximately 37,930 square feet of residential area. By utilizing special code provisions that eliminate the need for a costly concrete podium, the design significantly improves construction efficiency and project economics. The thoughtfully designed unit mix consists of 55 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, maximizing efficiency while addressing the strong demand for affordable housing throughout the San Fernando Valley. Ideally positioned at the intersection of Studio City, Valley Village, and Toluca Lake, the property offers immediate access to some of Southern California's largest employment centers, including NBCUniversal, Warner Bros. Studios, Walt Disney Studios, and the broader Burbank Media District. The surrounding neighborhoods are characterized by predominantly higher-income single-family housing with limited affordable inventory, creating sustained demand from employees seeking quality workforce housing in a high-opportunity location. Recent updates to TCAC rent schedules, effective July 1, 2026, further strengthen the investment profile. Schedule IX now permits rents of up to $2,499 for one-bedroom units, while approximately 20% of the project's units designated under Schedule VI are eligible for rents of up to $2,247. These enhanced payment standards narrow the gap between restricted and market rents, improving project underwriting and supporting stronger long-term valuations. Additionally, developers pursuing maximum yield may realize further upside through Section 8 voucher participation. Combined with HACLA's continued support for voucher mobility into high-opportunity neighborhoods, the project offers a compelling opportunity to maximize stabilized income while delivering much-needed affordable housing in one of the Valley's strongest rental markets.

4635 Tujunga Avenue, North Hollywood

$3,500,000

Rare RTI 40-unit multifamily development opportunity in North Hollywood's vibrant NoHo Arts District. This 11,248 SF LA-R4-zoned lot at 5025 Klump Avenue represents a compelling redevelopment site in one of Los Angeles' most dynamic transit-oriented neighborhoods. Currently improved with a quadruplex, the property is ideally positioned for a visionary development capitalizing on North Hollywood's ongoing transformation. The site enjoys an enviable location mere steps from the North Hollywood Metro Station (B and G Lines), offering seamless access to Downtown Los Angeles, Hollywood, and the greater San Fernando Valley. Surrounded by the NoHo Arts District's renowned theaters, galleries, dining, and entertainment venues, the property benefits from the area's ongoing renaissance, including transformative projects such as District NoHo a major transit-oriented development directly at the Metro Station with 1,500+ planned residential units. Under LA-R4 zoning, which supports high-density residential development with potential enhancements through Transit Oriented Communities incentives, the site offers substantial upside for sophisticated investors and developers. The location capitalizes on North Hollywood's momentum as a thriving, transit-rich, and creative neighborhood with strong demand for new housing and mixed-use product. Walk Score of 92 (Walker's Paradise) underscores the neighborhood's exceptional pedestrian-oriented character and vibrant street life. The site is strategically positioned near Southern California's most influential employment centers, including Netflix, Paramount Pictures, Warner Bros., NBC Universal, and Disney, reinforcing robust residential demand. This offering presents a rare chance to contribute to North Hollywood's evolution while delivering a modern multifamily asset in a market characterized by strong rental demand, sustained appreciation, and long-term growth potential. This development site is ideally suited for institutional developers, REITs, and experienced multifamily operators seeking exposure to a premier transit-oriented Los Angeles submarket with compelling risk-adjusted return profiles.

26856043 MLS ⋅ Active Status

Rare RTI 40-unit multifamily development opportunity in North Hollywood's vibrant NoHo Arts District. This 11,248 SF LA-R4-zoned lot at 5025 Klump Avenue represents a compelling redevelopment site in one of Los Angeles' most dynamic transit-oriented neighborhoods. Currently improved with a quadruplex, the property is ideally positioned for a visionary development capitalizing on North Hollywood's ongoing transformation. The site enjoys an enviable location mere steps from the North Hollywood Metro Station (B and G Lines), offering seamless access to Downtown Los Angeles, Hollywood, and the greater San Fernando Valley. Surrounded by the NoHo Arts District's renowned theaters, galleries, dining, and entertainment venues, the property benefits from the area's ongoing renaissance, including transformative projects such as District NoHo a major transit-oriented development directly at the Metro Station with 1,500+ planned residential units. Under LA-R4 zoning, which supports high-density residential development with potential enhancements through Transit Oriented Communities incentives, the site offers substantial upside for sophisticated investors and developers. The location capitalizes on North Hollywood's momentum as a thriving, transit-rich, and creative neighborhood with strong demand for new housing and mixed-use product. Walk Score of 92 (Walker's Paradise) underscores the neighborhood's exceptional pedestrian-oriented character and vibrant street life. The site is strategically positioned near Southern California's most influential employment centers, including Netflix, Paramount Pictures, Warner Bros., NBC Universal, and Disney, reinforcing robust residential demand. This offering presents a rare chance to contribute to North Hollywood's evolution while delivering a modern multifamily asset in a market characterized by strong rental demand, sustained appreciation, and long-term growth potential. This development site is ideally suited for institutional developers, REITs, and experienced multifamily operators seeking exposure to a premier transit-oriented Los Angeles submarket with compelling risk-adjusted return profiles.

5025 Klump Avenue, North Hollywood

$950,000

Shovel-ready development opportunity in North Hollywood. This lot conveys with fully approved plans and permits ready to issue for a brand-new two-story single-family residence — clearing the most time-consuming and uncertain phase of any ground-up build before you've spent a dollar on construction. The approved design is a thoughtfully laid-out 2,760± sq. ft. modern home: 4 bedrooms, multiple full baths, a chef's kitchen open to the living and dining areas, a dedicated entry, mud area, and upstairs laundry. The primary suite features a walk-in closet, dual-vanity bath with separate tub and shower, and a private balcony, with secondary bedrooms and additional balconies completing the second floor. Plans include an attached two-car garage and a code-compliant NFPA 13D fire sprinkler system throughout. Footprint is 40' × 52.66' with a 26.66' building height. Build it for yourself, deliver a finished spec home in a high-demand rental and resale corridor, or hold as an entitled asset — the entitlement risk is already retired. Buyer to verify all plans, permits, dimensions, and city requirements independently.

GD26132129 MLS ⋅ Active Status

Shovel-ready development opportunity in North Hollywood. This lot conveys with fully approved plans and permits ready to issue for a brand-new two-story single-family residence — clearing the most time-consuming and uncertain phase of any ground-up build before you've spent a dollar on construction. The approved design is a thoughtfully laid-out 2,760± sq. ft. modern home: 4 bedrooms, multiple full baths, a chef's kitchen open to the living and dining areas, a dedicated entry, mud area, and upstairs laundry. The primary suite features a walk-in closet, dual-vanity bath with separate tub and shower, and a private balcony, with secondary bedrooms and additional balconies completing the second floor. Plans include an attached two-car garage and a code-compliant NFPA 13D fire sprinkler system throughout. Footprint is 40' × 52.66' with a 26.66' building height. Build it for yourself, deliver a finished spec home in a high-demand rental and resale corridor, or hold as an entitled asset — the entitlement risk is already retired. Buyer to verify all plans, permits, dimensions, and city requirements independently.

6729 Babcock Avenue, North Hollywood

$2,500,000

We are proud to represent this 31,730 sf lot that is zoned R-3. The property is currently an 8 unit apartment building with six unit rented. A developer can enjoy some rental income while getting the building entitled or keep the existing structure and add ADU's to the existing property. This is a rare opportunity to purchase a 31,730 square foot lot. The property was constructed in 1955. Its unit mix consists of (2) studio units, (2) 1+1 units, (3) 2+1 units, and (1) 3+2 unit. With a lot size of 31,730 square feet, the property has a total of 5,224 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.

SR26103714 MLS ⋅ Active Status

We are proud to represent this 31,730 sf lot that is zoned R-3. The property is currently an 8 unit apartment building with six unit rented. A developer can enjoy some rental income while getting the building entitled or keep the existing structure and add ADU's to the existing property. This is a rare opportunity to purchase a 31,730 square foot lot. The property was constructed in 1955. Its unit mix consists of (2) studio units, (2) 1+1 units, (3) 2+1 units, and (1) 3+2 unit. With a lot size of 31,730 square feet, the property has a total of 5,224 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.

11414 Calvert Street, North Hollywood

$1,100,000

Exceptional development opportunity in the heart of North Hollywood. This property is centrally located near NoHo West, NoHo Arts District, major studios, an array of dining and retail options, and convenient freeway access. Perfect for builders, investors or an end-user, this 6,631 sq. ft. lot presents a unique chance to build in one of the San Fernando Valley’s most sought-after and rapidly growing neighborhoods. The adjacent 6,613 sq. ft. lot is also available for purchase, offering a potential combined total of 13,244 sq. ft.

SR26059603 MLS ⋅ Active Status

Exceptional development opportunity in the heart of North Hollywood. This property is centrally located near NoHo West, NoHo Arts District, major studios, an array of dining and retail options, and convenient freeway access. Perfect for builders, investors or an end-user, this 6,631 sq. ft. lot presents a unique chance to build in one of the San Fernando Valley’s most sought-after and rapidly growing neighborhoods. The adjacent 6,613 sq. ft. lot is also available for purchase, offering a potential combined total of 13,244 sq. ft.

5926 Lemp Avenue, North Hollywood

$1,100,000

Exceptional development opportunity in the heart of North Hollywood. This property is centrally located near NoHo West, NoHo Arts District, major studios, an array of dining and retail options, and convenient freeway access. Perfect for builders, investors or an end-user, this 6,613 sq. ft. lot presents a unique chance to build in one of the San Fernando Valley’s most sought-after and rapidly growing neighborhoods. The adjacent 6,631 sq. ft. lot is also available for purchase, offering a potential combined total of 13,244 sq. ft.

SR26059572 MLS ⋅ Active Status

Exceptional development opportunity in the heart of North Hollywood. This property is centrally located near NoHo West, NoHo Arts District, major studios, an array of dining and retail options, and convenient freeway access. Perfect for builders, investors or an end-user, this 6,613 sq. ft. lot presents a unique chance to build in one of the San Fernando Valley’s most sought-after and rapidly growing neighborhoods. The adjacent 6,631 sq. ft. lot is also available for purchase, offering a potential combined total of 13,244 sq. ft.

5922 Lemp Avenue, North Hollywood

$1,450,000

Attention all developers, builders, and investors...amazing development opportunity awaits this one bordering North Hollywood and Toluca Lake...a single level family home sits on this spacious 7580 sqft flat lot. Currently the home on site is two bedrooms, one and three quarter baths and 1226 sqft of living area. Seller has plans to build 11 units of which one will be a permitted ADU as well. Plans call for 3 levels with a great mixture of one and two bedroom units of which one of the large two bedroom units may be converted into a three bedroom unit. Property is zoned LARD1.5. Great street, location, and neighborhood. Being sold for land value only! Do not disturb the tenants on site...DRIVE BY ONLY!! Entry will be granted with an accepted offer. Motivated seller.

SR26053518 MLS ⋅ Active Status

Attention all developers, builders, and investors...amazing development opportunity awaits this one bordering North Hollywood and Toluca Lake...a single level family home sits on this spacious 7580 sqft flat lot. Currently the home on site is two bedrooms, one and three quarter baths and 1226 sqft of living area. Seller has plans to build 11 units of which one will be a permitted ADU as well. Plans call for 3 levels with a great mixture of one and two bedroom units of which one of the large two bedroom units may be converted into a three bedroom unit. Property is zoned LARD1.5. Great street, location, and neighborhood. Being sold for land value only! Do not disturb the tenants on site...DRIVE BY ONLY!! Entry will be granted with an accepted offer. Motivated seller.

6408 Radford Avenue, North Hollywood

$1,750,000

Developers, Investors, Builders...Great development opportunity on this sweeping corner lot in prime North Hollywood location...over 800 square feet of buildable land. Duplex is on site and delivering nice income while you get ready to make it happen. Owner has plans for 19 units to be built...with nearly 50% of preliminary plans in place...entitlements too. Plans call for 2BRs and 3BRs on a great new building with tremendous location for solid rents. Don't wait on this location as it will go fast and the seller is motivated. Being sold for land value only but income while you put the final touches on this one before developing...prime opportunity. Drive by only...do not disturb the tenants.

SR26053361 MLS ⋅ Active Status

Developers, Investors, Builders...Great development opportunity on this sweeping corner lot in prime North Hollywood location...over 800 square feet of buildable land. Duplex is on site and delivering nice income while you get ready to make it happen. Owner has plans for 19 units to be built...with nearly 50% of preliminary plans in place...entitlements too. Plans call for 2BRs and 3BRs on a great new building with tremendous location for solid rents. Don't wait on this location as it will go fast and the seller is motivated. Being sold for land value only but income while you put the final touches on this one before developing...prime opportunity. Drive by only...do not disturb the tenants.

6401 Denny Avenue, North Hollywood

$1,449,000

PRICE REDUCED! Only ~$30,000 per unit!! KW Commercial is proud to present an exceptional ready-to-issue (RTI) 45-unit, 100% affordable housing ED 1 development opportunity located in the heart of North Hollywood's vibrant NOHO Arts District! Situated on a 6,591 sq. ft. corner lot, this 5-story apartment project is thoughtfully designed for maximum efficiency and minimal construction complexity. The unit mix includes 2 two-bedroom units, 27 one-bedroom units, and 16 studios, offering approximately 19,925 sq. ft. of rentable space. Located less than half a mile from the NOHO Metro Red Line Station, residents will enjoy easy access to public transportation and the abundance of shopping, dining, and entertainment that make the NOHO Arts District one of Los Angeles' most desirable neighborhoods. With a Walk Score of 87 and a Bike Score of 74, the property promises high tenant demand and stable occupancy for years to come. This 100% affordable housing community includes: 2 units reserved for very low-income households ( 50% AMI), 34 units reserved for low-income households ( 80% AMI), 8 units reserved for moderate-income households ( 110% AMI), and 1 market-rate manager's unit. Rents for the very low-and moderate-income units follow HCD Schedule VI, while the low-income units align with TCAC Schedule IX. Additionally, the property's location is ideal for attracting Section 8 voucher tenants, potentially increasing rental income by up to 20% per unit. The proposed design features zero parking spaces, significantly reducing construction costs for developers. The site is currently improved with a vacant duplex, eliminating the need for tenant relocation and ensuring a smooth path to construction. Don't miss this rare opportunity to develop a fully affordable housing project in a high-demand Los Angeles neighborhood, all at an exceptional value of just under $30,000/per unit!! May be delivered as a vacant lot if desired. Contact the listing agent today for additional information or to request a full set of approved plans.

25607381 MLS ⋅ Active Status

PRICE REDUCED! Only ~$30,000 per unit!! KW Commercial is proud to present an exceptional ready-to-issue (RTI) 45-unit, 100% affordable housing ED 1 development opportunity located in the heart of North Hollywood's vibrant NOHO Arts District! Situated on a 6,591 sq. ft. corner lot, this 5-story apartment project is thoughtfully designed for maximum efficiency and minimal construction complexity. The unit mix includes 2 two-bedroom units, 27 one-bedroom units, and 16 studios, offering approximately 19,925 sq. ft. of rentable space. Located less than half a mile from the NOHO Metro Red Line Station, residents will enjoy easy access to public transportation and the abundance of shopping, dining, and entertainment that make the NOHO Arts District one of Los Angeles' most desirable neighborhoods. With a Walk Score of 87 and a Bike Score of 74, the property promises high tenant demand and stable occupancy for years to come. This 100% affordable housing community includes: 2 units reserved for very low-income households ( 50% AMI), 34 units reserved for low-income households ( 80% AMI), 8 units reserved for moderate-income households ( 110% AMI), and 1 market-rate manager's unit. Rents for the very low-and moderate-income units follow HCD Schedule VI, while the low-income units align with TCAC Schedule IX. Additionally, the property's location is ideal for attracting Section 8 voucher tenants, potentially increasing rental income by up to 20% per unit. The proposed design features zero parking spaces, significantly reducing construction costs for developers. The site is currently improved with a vacant duplex, eliminating the need for tenant relocation and ensuring a smooth path to construction. Don't miss this rare opportunity to develop a fully affordable housing project in a high-demand Los Angeles neighborhood, all at an exceptional value of just under $30,000/per unit!! May be delivered as a vacant lot if desired. Contact the listing agent today for additional information or to request a full set of approved plans.

5444 Camellia Avenue, North Hollywood