5515 Cahuenga Blvd, North Hollywood, CA 91601

$1,899,000
List Price
$1,899,000
MLS#
24-383297
Status
ACTIVE
Type
Land

Property Description

ED 1 Eligable lot , Great development site adjacent to Toluca lake and Burbank , Subject is zoned LACR , commercial with allowable residential , with 87.5 feet of frontage on Cahuenga Blvd with a back alley , great for multi family development by right , in the Enterprze zone , also the subject is designated as ED 1 Eligable site which may allow for the development of 50 to 60 low income housing units with no parking requirements , Please confirm with the Planning Department of the city of Los Angeles , there is existing 2 homes on the subject that will be delivered vacant

Additional Information

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Courtesy of Century Realty Group, Sam Ostayan.

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