Rare double lot opportunity in the fast growing North Hollywood rental market. Lot is zoned R3 TOC tier 1 and is located within an opportunity zone! Plans for a contemporary 4 story building with 25 units+4 rec rooms with potential to be converted to living space have been submitted to the city. The plans call for on grade parking with 19 parking spaces, 15*2 BR units, 9*1 BR units, 1* Studio and 4*rec rooms and offer an estimated gross rent amount of $650,000 annually once completed. Unique opportunity to build a non rent controlled property. Sale includes property at 11837 Hart St.
Courtesy of , Shaya Lowenstein.
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