Asking Price: $6,495,000

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.