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    11722 Archwood St

    North Hollywood, CA 91606
    • $4,499,999
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: 20-573006
    UPDATED: 62 min ago
    $4,499,999
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    37 Units - Ready To Issue Permits - Luxury Development with On Grade Parking, No Rent Control, in the Opportunity Zone!!! 5 Units Designated for Low/Income Units!!!! Prime No-Ho location, minutes from the NoHo Art District and NOHO West! 18,200 combined lot LAR3 Zoned! Archwood Development is proposed as a Sophisticated-Living Apartment Complex comprised of 37 Units ( 32 Units - 2Bedrooms and 5 Studio units). Building features a Courtyard, Lobby, Gymnasium, Library and Managers office to cater to tenants needs. Great Investment in the up-and coming area with maximum CAP rates!!!Seller Financing Available: 50% LTV at 2% cost for 3 years Rate 8.5%

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-15T06:43:55.15. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/105289840
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    11722 Archwood St North Hollywood, CA 91606

    • Price: $4,499,999
    • Status: Active
    • Updated: 62 min ago
    • ID#: 20-573006
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    North Hollywood
    County:
    Los Angeles
    Area:
    North Hollywood
    Property Description
    37 Units - Ready To Issue Permits - Luxury Development with On Grade Parking, No Rent Control, in the Opportunity Zone!!! 5 Units Designated for Low/Income Units!!!! Prime No-Ho location, minutes from the NoHo Art District and NOHO West! 18,200 combined lot LAR3 Zoned! Archwood Development is proposed as a Sophisticated-Living Apartment Complex comprised of 37 Units ( 32 Units - 2Bedrooms and 5 Studio units). Building features a Courtyard, Lobby, Gymnasium, Library and Managers office to cater to tenants needs. Great Investment in the up-and coming area with maximum CAP rates!!!Seller Financing Available: 50% LTV at 2% cost for 3 years Rate 8.5%
    Exterior Features

    Lot Size Area 18200 View Description Walk Street View YN Yes

    Property Features

    Cable YN No Hoa Fee1 0.00 Sale Type Standard Source Lot Size Area Estimated Zoning Lar3

    Listing provided courtesy of Katya Bakalinskaya DRE#01924610 of Coldwell Banker Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-15T06:43:55.15. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355