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Multi-Family

Multifamily Development Site - NoHo Arts District

11030 La Maida St, Los Angeles, CA 91601

Listing Price: $1,395,000

Lot Size
0.20 acres
Price/Acre
$7,069,948
Land Type
Redevelopment

Investment Overview

This sale offers the opportunity to purchase a multifamily development site in an incredible NoHo Arts District location. Build 10 units by-right. The subject property, located at 11030 La Maida St, is comprised of a single parcel for a total of 8,595 square feet of land. Zoning on the site is R3-1, allowing for 10 apartment units: one apartment unit per 800 square feet of land. The property has dimensions of 55’ X 155’ and can be accessed from both La Maida St and an alleyway, which provides desirable options for parking and unit access. Located at Lankershim Boulevard and Vineland Avenue, the site is situated in an incredible location in the NoHo Arts District. This vibrant area has seen tremendous growth and continues to be transformed. New developments, public works projects (including two Metro Stations), regional employers, and an influx of higher-income residents have created a regional hub for the San Fernando Valley. The NoHo Arts District is comprised of numerous theaters, art galleries, cafes and shops, as well as numerous regional retailers creating an attractive area for dining, shopping, nightlife and art. 11030 La Maida St is situated in a prime location in this area and has a Walk Score of 90 out of 100, which is classified as “Walker’s Paradise”. 11030 La Maida St offers the opportunity to purchase a 10-unit multifamily development site in the vibrant NoHo Arts District.

Investment Highlights

  • North Hollywood Multifamily Development Site
  • Build 10 Units By-Right
  • 8,595 SF of Land - Zoned R3-1
  • Incredible NoHo Arts District Location
  • 55' Along La Maida & 155' Along the Alleyway
  • Attractive Underlying Value

Exclusively Listed By

Multi-Family

Multifamily Development Site - NoHo Arts District

Listing Price: $1,395,000

Lot Size
0.20 acres
Price/Acre
$7,069,948
Land Type
Redevelopment

Investment Highlights

  • North Hollywood Multifamily Development Site
  • Build 10 Units By-Right
  • 8,595 SF of Land - Zoned R3-1
  • Incredible NoHo Arts District Location
  • 55' Along La Maida & 155' Along the Alleyway
  • Attractive Underlying Value

Investment Overview

This sale offers the opportunity to purchase a multifamily development site in an incredible NoHo Arts District location. Build 10 units by-right. The subject property, located at 11030 La Maida St, is comprised of a single parcel for a total of 8,595 square feet of land. Zoning on the site is R3-1, allowing for 10 apartment units: one apartment unit per 800 square feet of land. The property has dimensions of 55’ X 155’ and can be accessed from both La Maida St and an alleyway, which provides desirable options for parking and unit access. Located at Lankershim Boulevard and Vineland Avenue, the site is situated in an incredible location in the NoHo Arts District. This vibrant area has seen tremendous growth and continues to be transformed. New developments, public works projects (including two Metro Stations), regional employers, and an influx of higher-income residents have created a regional hub for the San Fernando Valley. The NoHo Arts District is comprised of numerous theaters, art galleries, cafes and shops, as well as numerous regional retailers creating an attractive area for dining, shopping, nightlife and art. 11030 La Maida St is situated in a prime location in this area and has a Walk Score of 90 out of 100, which is classified as “Walker’s Paradise”. 11030 La Maida St offers the opportunity to purchase a 10-unit multifamily development site in the vibrant NoHo Arts District.

Exclusively Listed By

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