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$110,000
ACTIVE Status
PROBATE Sale. Subject to Court confirmation and overbidding in Court. Great investment and re-development opportunity to purchase 8 contiguous parcels in El Sereno neighborhood. For Sale AFTER 18 years! Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied. All 8 parcels (4791 Huntington Dr. N (Duplex), 4790 Academy St (Duplex), 6 Vacant Lands APNs 5213-003-007 (approx. 5,261 Lot SF), 5213-003-008 (approx. 4,758 Lot SF), 5213-003-009 (approx. 4,309 Lot SF), 5213-003-017 (approx. 1,250 Lot SF), 5213-003-018 (approx. 1,237 Lot SF), 5213-003-020 (approx. 2,250 Lot SF)) are to be sold together to one buyer only and will be subject to Court overbidding as one unified sale. The total lot area of all vacant land parcels is approx. 19,065 SF. The total asking price for the eight parcels is $1,100,000. Just minutes away from Dodger Stadium, DTLA & Pasadena and with easy access to the 5, 10, 110 and 710 freeways. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations.

4787 Huntington Dr, Los Angeles

Courtesy of Ingenious Asset Group, Inc., Vineendra Jain - CA DRE#01413466

$1,600,000
ACTIVE Status
Incredible value in the Palisades Highlands! This expansive 423,653 sq ft lot (nearly 10 acres) has never been developed, offering a rare opportunity to design and build a custom estate or possibly multiple structures in one of Los Angeles' most sought-after neighborhoods. Located on Michael Lane, the property features ocean and mountain views and is priced at just under $4 per square foot, making it an exceptional opportunity in the Palisades. Surrounded by nature, the setting offers a sense of serene tranquility while still just minutes from scenic hiking trails, the beach, Palisades Village, and top-rated schools. Whether you're creating a private retreat, family compound, or investment project, this blank canvas offers remarkable potential in a tranquil hillside location.

Michael Lane, Pacific Palisades

Courtesy of Amalfi Estates, Anthony Marguleas - CA DRE#01173073

$4,300,000
ACTIVE Status
One of the largest and most compelling ocean-view opportunities in Pacific Palisades, this rare offering is ideally located just north of the Alphabet Streets and features approximately 115 feet of frontage on a nearly half-acre, approximately 18,307-square-foot lot with sweeping 180-degree ocean, bay, and city views. The coveted south-facing orientation provides abundant natural light throughout the day and direct ocean exposure while offering exceptional privacy and expansive outdoor living and entertaining spaces. The previous residence measured 5,817 square feet, illustrating the scale of the home previously enjoyed on the property. Enjoy breathtaking sunsets, panoramic ocean vistas, and a front-row seat to the Pacific, all just blocks from Palisades Village, top-rated schools, shopping, dining, hiking trails, and the beach. An exceptional opportunity for an owner-user or developer to create a landmark ocean-view estate in one of Los Angeles' most coveted coastal neighborhoods.

1314 Goucher St, Pacific Palisades

Courtesy of Amalfi Estates, Anthony Marguleas - CA DRE#01173073

$1,425,000
ACTIVE Status
Nestled within the serene, tree-lined streets of Marquez Knolls, this 6,724 square foot lot offers more than just space - it offers promise. Set in one of the Pacific Palisades' most beloved neighborhoods, this property stands as a blank canvas where dreams can take root once again. The surrounding sidewalk streets, dappled with trees and the warmth of ocean breezes, are poised to thrive anew as the community rebuilds and renews its character. Here lies a rare opportunity to design your vision whether a timeless Cape Cod, a modern coastal retreat, or something uniquely your own. This location was once home to a 4,527sqft home and presents an opportunity to build 10% larger. The backyard remains intact, which includes a spa, luxury pool, water slide, waterfall, and poolside fire pit. The generous lot size allows for subterranean parking and a spacious basement level, perfect for an entertainment suite, gym, or home theater; all tailored to your lifestyle. As the Palisades continues to restore its quiet beauty, this property represents a chance to be part of its renaissance to reimagine, rebuild, and rejoin a neighborhood known for its community spirit, natural light, and enduring charm. A foundation for new beginnings where Pacific sunsets and neighborhood walks await once more.

16767 Bollinger Dr, Los Angeles

Courtesy of The Agency, Nick Collins - CA DRE#01922418

$449,000
ACTIVE Status
Rare opportunity to acquire The Rome Drive Collection, two contiguous R1-zoned hillside parcels totaling approximately 23,146 square feet in one of Mount Washington's most desirable residential neighborhoods. Unlike most vacant land offerings, this exceptional development opportunity is accompanied by an extensive preliminary due diligence package thoughtfully assembled to accelerate feasibility review and project evaluation. Available materials include boundary and topographic surveys, preliminary geotechnical investigation, hillside slope analysis, LADBS residential floor area verification calculations, conceptual subdivision planning, and architectural concepts for a boutique three-residence community. Together, these studies provide qualified buyers with a significant head start in understanding the property's development potential while reducing the time, cost, and uncertainty typically associated with hillside acquisitions. The current concept envisions three contemporary single-family residences carefully designed to respond to the site's natural topography while maximizing allowable residential floor area under applicable hillside development standards. Whether pursuing the existing vision or creating an entirely new architectural expression, buyers will appreciate the substantial planning and engineering work already completed. Perched above the surrounding neighborhood, the property enjoys beautiful hillside, mountain, and city views in a quiet residential setting, just moments from the award-winning Mount Washington Elementary School. Highland Park, Glassell Park, Eagle Rock, Pasadena, Dodger Stadium, and Downtown Los Angeles are all just minutes away, offering exceptional access to the cultural, dining, and employment centers that continue to define Northeast Los Angeles. Development opportunities of this scale, preparation, and location are increasingly uncommon. Offered together as two legal parcels, The Rome Drive Collection presents an exceptional opportunity for developers, builders, architects, and investors seeking to create a distinctive residential project in one of Los Angeles' premier hillside communities.

927 Rome Dr, Los Angeles

Courtesy of The Shelhamer Real Estate Group, Glenn Shelhamer - CA DRE#01950995

$4,198,000
ACTIVE Status
Set just above the coastline in Malibu's coveted Sunset Mesa neighborhood, this exceptional 14,617 square foot homesite presents one of the most compelling development opportunities on the Southern California coast. Formerly home to an architecturally distinctive four-residence condominium building, the property enjoys breathtaking, unobstructed Pacific Ocean views that sweep from Santa Monica and Catalina Island to the Malibu coastline, creating a dramatic backdrop for an extraordinary future vision. The previous development was thoughtfully designed as four private residences that lived more like luxury homes than traditional condominiums. Ranging from just under 2,000 square feet to more than 3,100 square feet, each residence featured soaring ceilings, expansive ocean-view terraces, a dedicated ocean-view office, a private two-car garage, and individual access via an incline elevator. Resort-inspired amenities included a communal pool deck and a private lap pool. Built with exceptional quality and designed to maximize the spectacular setting, the property offers a rare glimpse into the scale and potential that once occupied this remarkable site. Original construction plans and approvals are available. Ideally positioned just moments from the beach, the Getty Villa, and within easy reach of both the Malibu Country Mart and Palisades Village, the location combines coastal tranquility with convenient access to premier shopping, dining, and everyday amenities. Whether reimagining a luxury residential development or exploring new possibilities for this irreplaceable parcel, opportunities of this caliber and provenance are seldom available along one of Malibu's most sought-after stretches of coastline.

18133 Coastline Dr, Malibu

Courtesy of Compass, F. Ron Smith - CA DRE#00961954

$4,495,000
ACTIVE Status
Prime development opportunity consisting of two contiguous parcels located at 241 and 245 N. Union Avenue (APNs 5159-009-014 and 5159-009-013), totaling approximately 28,700 SF. Offered at $4,495,000, the vacant, fully demolished site is located in Historic Filipinotown, just south of Echo Park Lake.The RD1.5-1, Tier 2 property features valuable street-to-alley frontage and is currently fully entitled for an 18-home small-lot subdivision. The approved plans include approximately 31,243 SF of livable area and 42,568 gross SF, with contemporary three- and four-bedroom townhomes ranging from approximately 1,607 to 1,920 SF. Each residence is designed with private garage parking and a rooftop deck, with additional guest parking provided.The site has been completely cleared, eliminating demolition and tenant-relocation risk, and substantial entitlement, planning and design work has already been completed. Permit fees must be paid before September 1, 2026, to maintain the current approvals. The purchaser will also be responsible for posting the required bond for public right-of-way improvements.Conveniently located near Echo Park, Silver Lake, Downtown Los Angeles, Westlake and Koreatown, with easy access to the 101 Freeway. Available as an outright sale or potential joint venture opportunity.

241 -245 N Union Ave, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Angelica Gotzev - CA DRE#02053007

$2,795,000
ACTIVE Status
We are proud to present for sale an Entitled 61 Unit 100% Affordable Housing Project in the quickly evolving West Adams / Jefferson Park neighborhood, a sought-after submarket of Los Angeles. The property on offer is a double lot located at 3556 & 3562 Chesapeake Ave. (a quiet, residential tree-lined street), in a neighborhood quickly undergoing a transformation, full of new construction! Sitting on a 12,814 SF R3-1 lot, the site offers a well-positioned infill development opportunity with immediate access to the Metro E Line, the West Adams retail core, and the Exposition business corridor. The offered development is a 5-story Residential Building comprised of 61 units (55 one-bedrooms, 4 two-bedrooms and 2 three-bedrooms), totaling approximately 26,071 SF of Rentable Square Footage and 35,781 SF of Gross Floor Area. The project is Entitled as a 100% privately funded Affordable Housing Community under Executive Directive 1 (ED1), leveraging the incentives available through AB 1763, AB 2345, and AB 2334, including unlimited residential density and a zero on-site parking requirement given its proximity to a major transit stop. The property sits on the edge of a vast single family-zoned neighborhood where street parking is easier to come by. The property would be delivered with the 61 Unit Project fully Entitled. The Project has not been and will not be submitted to Plan Check by the Seller, allowing the incoming Developer to finalize construction documents to their own specifications. The Architect has stated that the Project is scalable to 79 units and 6 floors, without impacting the approval timeline. There is also the possibility of rehabbing the existing units on site (delivered vacant), in order to have cash flow while awaiting the right time to build. The property is a stone's throw to the Rancho Cienega Recreation Center and Dorsey Senior High School. Take the Metro to USC or Culver City, continue on to Downtown LA or Santa Monica! The area features tons of new restaurants, cafes, markets and much more! It is hard to keep track of the local developments, with so much happening, with what has opened and what is in the planning to open in the near future!

3556 Chesapeake Ave, Los Angeles

Courtesy of Keller Williams Beverly Hills, Dario Svidler - CA DRE#01884474

$1,050,000
ACTIVE Status
Vacant development site located at 926 N Kingsley Dr, Los Angeles, California 90029, zoned R3-1XL. Situated in the highly sought-after East Hollywood neighborhood, the property consists of an approximately 8,684-square-foot (0.20-acre) corner lot and offers developers a rare opportunity to build in one of Los Angeles' most supply-constrained rental markets. The site is designated Transit Oriented Communities (TOC) Tier 2 and isED1 eligible, providing the potential to streamline project approvals while benefiting from meaningful development incentives. Zoned R3-1XL with a 60% Density Bonus increase, the property is designated Medium Residential under the Hollywood Community Plan, offering significant multifamily development potential. Offered with SELLER FINANCING available at only 30% down, 926 N Kingsley Drive presents investors and developers with a compelling opportunity to capitalize on one of Los Angeles' strongest multifamily development corridors while benefiting from flexible acquisition terms.

926 N Kingsley Dr, Los Angeles

Courtesy of Marcus & Millichap, Yana Vlady - CA DRE#02082859

$1,500,000
ACTIVE Status
We are proud to present 6901 Woodman Avenue, a 55-unit RTI (Ready-To-Issue) 100% affordable housing development located in Van Nuys within the Van NuysNorth Sherman Oaks Community Plan Area of the City of Los Angeles.The project is fully RTI, allowing a developer to immediately pull permits and commence construction without additional entitlement exposure. Leveraging the City of Los Angeles' Executive Directive No. 1 (ED1) ministerial approval pathway in combination with Transit Oriented Communities (TOC) incentives, the approved plans achieve a high-density five-story residential development optimized for affordable housing execution.The approved plans call for a five-story Type V-A wood-frame structure with zero on-site parking, maximizing unit efficiency while aligning with current City housing production priorities. The design reflects cost-effective construction fundamentals relative to podium or high-rise alternatives.The building has been engineered under the 2020 City of Los Angeles Building Code and California Title 24 standards, incorporating 3-hour rated structural assemblies, STC-rated separation walls, and full life-safety compliance including NFPA-13 fire sprinklers, standpipe systems, emergency power provisions, and Fire Department access requirements per Los Angeles Fire Code. The fully detailed plans provide construction clarity and reduce technical execution risk for incoming ownership.Unlike many corridor-heavy ED1 sites, 6901 Woodman Avenue is situated within an established residential neighborhood characterized by surrounding multifamily and low-density housing rather than heavy commercial or industrial uses. This residential setting enhances long-term livability, supports tenant stability, and limits direct large-scale development competition.The property is located approximately four blocks from the future Metro Light Rail station at Vanowen Street and Van Nuys Boulevard, part of the East San Fernando Valley Light Rail Transit Project. This planned fixed-rail infrastructure will significantly enhance long-term connectivity throughout the Valley and into the broader Metro system, positioning the site within a publicly funded growth corridor benefiting from sustained transit investment.With RTI status, strong transit fundamentals, and a residential neighborhood setting, 6901 Woodman Avenue represents a rare opportunity to deliver high-density affordable housing with immediate construction readiness in one of the San Fernando Valley's most supply-constrained rental corridors.

6901 Woodman Ave, Van Nuys

Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

$3,098,000
ACTIVE Status
14715 W. Burbank Boulevard is a fully entitled, ready-to-issue development site approved for a 91-unit, six-story senior affordable housing community (55+) in the heart of Van Nuys. The offering is a double lot sale totaling approximately 17,500 SF, delivered vacant and shovel-ready. The approved project comprises 88 one-bedroom units, 2 two-bedroom units, and 1 studio across approximately 57,401 SF of residential building area, with a Type I-A concrete podium and Type III-A construction above, at-grade parking, an interior courtyard, and roof-level community amenities. RTI plans, density-bonus concessions, and ED 1 streamlining are already in place, eliminating 24-36 months of typical predevelopment risk and roughly $400K to $700K of soft cost exposure for new ownership. The site sits mid-block on Burbank Boulevard with 0.7 miles to the I-405 / Sepulveda Pass and 1.2 miles to the Metro Orange (G) Line, positioned within the Sepulveda Transit Corridor catchment and within walking distance of Kaiser Permanente Panorama City, Valley Presbyterian Hospital, and the Sherman Oaks Galleria. At $3,098,000, the basis works out to $34,044 per door on a fully approved plan set.

14715 Burbank Blvd, Los Angeles

Courtesy of First Capital Investment Realty, Farhad Navazi - CA DRE#01954850

$1,195,000
ACTIVE Status
A partner's move out of State has created an opportunity to acquire this city-approved project in Mount Washington near Downtown Los Angeles. While Mount Washington's youth-oriented, high-demand area creates one of the City's best opportunities for profitable building, the Mount Washington/Glassell Park Specific Plan makes new projects such as this Mutuo-designed architectural community virtually prohibitive. The Los Angeles City Planning Department approvals for this project took 7 years! A close review of the plans for this project reveals that the principal architect Jose Herrasti's vision affords much more than a builder's speculation opportunity. The completion of this project is true to Mutuo's design philosophy: "At Mutuo, we believe in blurring the boundaries of the architectural profession to proactively create systemic impact. We intentionally move beyond the traditional role of the architect to act as strategic partners in shaping the built environment, using design as a primary tool for solving complex urban challenges and advancing social equity." Completion of this project will add a new node of architecturally important, socially conscious lifestyles to the Mount Washington community, already recognized for its wealth of historically significant architecture.

457 Del Norte St, Los Angeles

Courtesy of Crosby Doe Associates, Inc., Crosby Doe - CA DRE#00463731

$39,500
ACTIVE Status
Discover the opportunity to own over 2.5 acres of land in the peaceful Fairmont area of Los Angeles County. Whether you're looking to build your dream home, create a private retreat, or invest in a growing area, this versatile parcel offers endless potential.The property benefits from water availability, providing a valuable advantage for future development. Surrounded by wide-open spaces, mountain views, and the natural beauty of the Antelope Valley, you'll enjoy privacy while still having convenient access to nearby highways, shopping, dining, and other amenities.With ample room for a custom residence, workshop, recreational use, or long-term investment, this parcel is an excellent opportunity for buyers seeking space and flexibility. Enjoy stunning desert sunsets, fresh air, and the tranquility of rural living while remaining within reach of the greater Los Angeles area.Don't miss your chance to own this exceptional 2.5+ acre property with outstanding potential. Buyer to independently verify all information, including zoning, utilities, land use, and development requirements with the appropriate agencies.

257 Bachelder, Fairmont

Courtesy of Crown Bridge Realty Inc., Mohamed Alawadhi - CA DRE#02162953

$79,000
ACTIVE Status
Discover an exceptional opportunity to build your dream home or next investment on this prime downslope hillside lot with beautiful, elevated views. Nestled south of the foothills in Tujunga's highly sought-after Crystal View neighborhood with effortless connections to Burbank, Pasadena, Downtown Los Angeles, and conveniently bordering Glendale, Montrose, and La Crescenta, and beyond. Surrounded by breathtaking mountain scenery, you'll enjoy the tranquility of a private canyon retreat while remaining just minutes from scenic hiking trails, top-rated dining, boutique shopping, and convenient freeway access. This vacant parcel offers the perfect canvas for a custom residence designed to maximize the scenic surroundings and natural topography. Utilities are conveniently available at the street, including water, electricity, and gas (property will require a septic system; sewer is not available). Whether you're a developer, builder, or future homeowner, this property presents endless potential to create a one-of-a-kind home in a peaceful, picturesque location. Don't miss this rare chance to secure a view lot with outstanding development potential. Wake each day to inspiring natural beauty, unwind in a peaceful setting above the city, and experience a place where modern convenience and timeless surroundings come together in perfect harmony. Homes regularly sell over $1,000,000 in this sought after neighborhood.

9477 Reverie Rd, Tujunga

Courtesy of Coldwell Banker Realty, Alex Wall - CA DRE#02163772

$120,000
ACTIVE Status
Discover an exceptional opportunity to build your dream home or next investment on this prime downslope hillside lot with beautiful, elevated views. Nestled south of the foothills in Tujunga's highly sought-after Crystal View neighborhood with effortless connections to Burbank, Pasadena, Downtown Los Angeles, and conveniently bordering Glendale, Montrose, and La Crescenta, and beyond. Surrounded by breathtaking mountain scenery, you'll enjoy the tranquility of a private canyon retreat while remaining just minutes from scenic hiking trails, top-rated dining, boutique shopping, and convenient freeway access. This vacant parcel offers the perfect canvas for a custom residence designed to maximize the scenic surroundings and natural topography. Utilities are conveniently available at the street, including water, electricity, and gas (property will require a septic system; sewer is not available). Whether you're a developer, builder, or future homeowner, this property presents endless potential to create a one-of-a-kind home in a peaceful, picturesque location. Don't miss this rare chance to secure a view lot with outstanding development potential. Wake each day to inspiring natural beauty, unwind in a peaceful setting above the city, and experience a place where modern convenience and timeless surroundings come together in perfect harmony. Homes regularly sell over $1,000,000 in this sought after neighborhood.

9467 Reverie Rd, Tujunga

Courtesy of Coldwell Banker Realty, Alex Wall - CA DRE#02163772

$1,250,000
ACTIVE Status
Skip years of uncertainty with APPROVED PLANS from LA County Regional Planning for a remarkable 4.5-acre architectural estate overlooking the Pacific Ocean. This Palisades Fire Rebuild opportunity includes stamped plans for a thoughtfully designed 4,100 SF residence featuring a two-story 3,500 SF main residence and detached 600 SF guest house (ADU), capturing panoramic ocean views spanning the Queen's Necklace, Catalina Island, and the Malibu Pier from every room. Pull into the planned two-car garage, where the first thing you'll see is the ocean framed by a dramatic wall of glass. From there, an elevator descends to the main residence, where floor-to-ceiling glass sliding windows, a soaring spiral staircase, and a central atrium create a home that embraces its breathtaking setting. The residence features 3 bedrooms, 3 bathrooms, an open chef's kitchen with a separate butler's kitchen, while the detached guest house offers a studio with its own kitchen and full bath. A living roof planted with curated low-maintenance succulents further enhances the home's seamless connection to its natural surroundings. Designed for effortless indoor-outdoor living, the property features 2,200 SF of deck space, an infinity pool, expansive yard, and a 2,900 SF carport providing ample guest parking. Reports include a passing septic inspection on the LA County System Evaluation Form. An additional APN (4451-022-033) is available for purchase at $300,000, providing La Costa Beach rights and private gate access through Rambla Pacifico. A rare opportunity to bring this extraordinary Malibu estate to life.

2501 Rambla Pacifico, Malibu

Courtesy of Sotheby's International Realty, Jaydn Meier - CA DRE#02126076

$2,000,000
ACTIVE Status
An exceptional opportunity to create a landmark contemporary estate in one of Malibu's most sought-after coastal enclaves. Perched above the Pacific on a rare bluffside parcel, this remarkable property commands breathtaking white water ocean views stretching along the Malibu coastline, providing an extraordinary canvas for a custom residence in an irreplaceable setting. Following the Palisades Fire, the property presents an exciting opportunity to build a spectacular new residence designed by acclaimed Burdge Architects. Included in the offering are sophisticated architectural plans and renderings for an approximately 3,898-square-foot contemporary home that have received Planning Department Substantial Conformance review for a replacement residence within the existing development footprint and envelope. The proposed design embraces Malibu's coastal lifestyle with expansive walls of glass, seamless indoor-outdoor living, generous entertaining spaces, multiple ocean-view terraces, and a refined modern aesthetic that maximizes the site's spectacular coastal views. The plans have been submitted to the City of Malibu for permitting, and the sellers intend to continue advancing the approval process through Ready-to-Issue (RTI) status, providing tremendous value and a significant head start for a future owner. Further enhancing the offering is a complete professionally designed interior package, including finished designs and layouts for the kitchen, four bathrooms, and laundry room, allowing a future owner to seamlessly bring this exceptional vision to life. Existing improvements remain on the property, offering a valuable foundation as the next chapter of this exceptional homesite is realized. Whether bringing the current architectural vision to completion or further personalizing the design, this is a rare opportunity to create a truly one-of-a-kind coastal retreat.Completing this extraordinary offering is coveted membership to the La Costa Beach Club, providing private access to one of Malibu's most desirable sandy beaches just moments below the property. Combining panoramic white water ocean views, an exceptional architectural vision, substantial progress toward redevelopment, professionally curated interior design, and exclusive beach club access, this is a rare opportunity to create an extraordinary Malibu residence in one of the area's most coveted locations.

21400 Rambla Vista, Malibu

Courtesy of Compass, Christopher Cortazzo - CA DRE#01190363

$2,950,000
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

$3,500,000
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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