Description

We are proud to exclusively present for sale a Redevelopment Opportunity in the NoHo Arts District. With 16,399 SF of C4-1-CA Land and NO Rent Control to worry about, bring your Contractor and build the Seller's 40 Unit RTI Project, or reimagine the corner lot with 56 Units plus ADUs and Retail Units!NoHo has seen an incredible change starting in the early 2000sbecoming the go-to destination for young professionals looking for a walkable neighborhood with fine dining and entertainment. And the real estate developments geared towards older residents have been a tremendous success as well, including the NoHo Senior Arts Colony a short block away, and Affordable Projects like the Harmony Gates Apartments across the street. The neighborhood is as pedestrian friendly as they get, with Ralphs Supermarket practically across the street, the Chandler Bikeway a block north, practically countless dining and entertainment options all around (but especially on Lankershim and Vineland), and the North Hollywood Metro Station with the terminus of the Orange High Speed Bus Line and the Red Subway Line less than a mile away. This property is located in a Qualified Opportunity Zone! Transaction includes 3 APNs: 2416-009-025, 2416-009-027 & 2416-009-029.