$4,950,000

Exceptional multifamily development opportunity in the heart of North Hollywood. This C-2 zoned property offers a prime infill location with convenient access to Studio City, Toluca Lake, major employment centers, dining, shopping, and transit. The site offers compelling development upside, with a prior concept illustrating potential for a 31-unit multifamily project. Whether advancing a similar multifamily concept or exploring an alternative development strategy, this is a rare opportunity to capitalize on one of Los Angeles' most sought-after infill locations and with C-2 zoning there are many possibilities. An outstanding opportunity for developers, investors, and builders seeking a well-located site in one of Los Angeles' most active multifamily markets. Buyer to independently verify all zoning, development potential, density, entitlements, permits, and applicable City of Los Angeles requirements. First photo is a rendering.