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Shovel ready RTI DOUBLE LOT development opportunity in North Hollywood with all plans and approvals in place. Current plans call for 34,700 SqFt, 6 story building with 30 large units, including 6 future ADU conversions after C of O. Including the future ADUs there are 15 three bedroom units, 10 two bedroom units, and 5 one bedroom units. 3 units are to be Extremely Low Income. No subterranean, parking for 18+ cars is on the ground level. Plumbing and HVAC permits already pulled. Alternatively, buyer can go for fully affordable development and build 100+ units. Tenants are month to month and would move out with 30 day notice. Addresses are 5317 and 5321 Satsuma Ave. APNs are 2416-007-022 and 2416-007-023. Plans and approvals are available upon request.

ACTIVE Status

Shovel ready RTI DOUBLE LOT development opportunity in North Hollywood with all plans and approvals in place. Current plans call for 34,700 SqFt, 6 story building with 30 large units, including 6 future ADU conversions after C of O. Including the future ADUs there are 15 three bedroom units, 10 two bedroom units, and 5 one bedroom units. 3 units are to be Extremely Low Income. No subterranean, parking for 18+ cars is on the ground level. Plumbing and HVAC permits already pulled. Alternatively, buyer can go for fully affordable development and build 100+ units. Tenants are month to month and would move out with 30 day notice. Addresses are 5317 and 5321 Satsuma Ave. APNs are 2416-007-022 and 2416-007-023. Plans and approvals are available upon request.

5317 Satsuma Ave, North Hollywood

Courtesy of The Ryans Estates Group Inc., Damoon Ryan - CA DRE#01889504

$1,125,000

Ready-to-issue (RTI), 100% affordable development opportunity in North Hollywood. 11405 W Archwood St / 6701 N Tujunga Ave is a 6,790 SF corner lot, zoned RD1.5-1, with plans approved for a new 4-story, 22-unit Type V-A apartment building under ED 1 and AB 2345. The project uses AB 2345 base incentives, including unlimited density, no required parking and a 33-foot height increase. It is not an SB 330 project and requires no zone change, variance or general plan amendment.The design delivers approx. 14,513 SF of gross building area: 19 one-bedroom and 3 two-bedroom units, including 1 manager's unit. Features include an elevator, approx. 1,885 SF of rooftop common open space, an on-site laundry room, long-term bike parking and full NFPA-13 fire sprinklers. The project is 100% privately funded, with no tax credits and no public financing, so the buyer controls the capital stack and the timeline.Rents can be underwritten to HACLA Section 8 payment standards for zip code 91606, for projected gross potential rent of approx. $619,000 per year. A welfare property tax exemption under R&TC Section 214 offers additional upside to operating expenses. The site is served by LA Metro Line 165 and LADOT DASH North Hollywood.Architectural, civil and structural plan sets are complete. A buyer steps in with entitlement and plan-check risk behind them and a clear path to construction. Offering memorandum, plans and pro forma available on request. Buyer to verify all information.

ACTIVE Status

Ready-to-issue (RTI), 100% affordable development opportunity in North Hollywood. 11405 W Archwood St / 6701 N Tujunga Ave is a 6,790 SF corner lot, zoned RD1.5-1, with plans approved for a new 4-story, 22-unit Type V-A apartment building under ED 1 and AB 2345. The project uses AB 2345 base incentives, including unlimited density, no required parking and a 33-foot height increase. It is not an SB 330 project and requires no zone change, variance or general plan amendment.The design delivers approx. 14,513 SF of gross building area: 19 one-bedroom and 3 two-bedroom units, including 1 manager's unit. Features include an elevator, approx. 1,885 SF of rooftop common open space, an on-site laundry room, long-term bike parking and full NFPA-13 fire sprinklers. The project is 100% privately funded, with no tax credits and no public financing, so the buyer controls the capital stack and the timeline.Rents can be underwritten to HACLA Section 8 payment standards for zip code 91606, for projected gross potential rent of approx. $619,000 per year. A welfare property tax exemption under R&TC Section 214 offers additional upside to operating expenses. The site is served by LA Metro Line 165 and LADOT DASH North Hollywood.Architectural, civil and structural plan sets are complete. A buyer steps in with entitlement and plan-check risk behind them and a clear path to construction. Offering memorandum, plans and pro forma available on request. Buyer to verify all information.

11405 W Archwood St, North Hollywood

Courtesy of The Agency, Amir Jawaherian - CA DRE#01899893

$995,000

RTI, exceptional development opportunity in the heart of North Hollywood! 6348 Camellia Avenue offers a rare chance to acquire a five-unit multifamily development site at an attractive price point. Allowing a buyer to move quickly toward construction. Situated in a desirable residential neighborhood with convenient access to major employment centers, shopping, dining, entertainment, and transportation, this property combines strong development fundamentals with a highly sought-after location. Whether you're a seasoned developer or an investor looking to add value, this is an outstanding opportunity to secure a project that is nearing the finish line on entitlements. Don't miss this chance to capitalize on a RTI five-unit development in one of the San Fernando Valley's most active rental markets.

ACTIVE Status

RTI, exceptional development opportunity in the heart of North Hollywood! 6348 Camellia Avenue offers a rare chance to acquire a five-unit multifamily development site at an attractive price point. Allowing a buyer to move quickly toward construction. Situated in a desirable residential neighborhood with convenient access to major employment centers, shopping, dining, entertainment, and transportation, this property combines strong development fundamentals with a highly sought-after location. Whether you're a seasoned developer or an investor looking to add value, this is an outstanding opportunity to secure a project that is nearing the finish line on entitlements. Don't miss this chance to capitalize on a RTI five-unit development in one of the San Fernando Valley's most active rental markets.

6348 Camellia Ave, North Hollywood

Courtesy of Bader Realty, Inc., Tal Bader - CA DRE#01751052

$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.

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 Ave, North Hollywood

Courtesy of Lyon Stahl Investment Real Estate, Inc., Benjamin Lee - CA DRE#02123715

$3,250,000

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.

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 Ave, North Hollywood

Courtesy of REMAX COMMERCIAL & INVESTMENT REALTY, Jacob Plewa - CA DRE#02041641

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