opportunity zone, RTI 72u

0.34 Acres of Commercial Land Offered at $3,600,000 USD in North Hollywood, CA 91605

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,600,000

Property Type
Land

Listing Contacts

Tal Yona
Tal Yona
Verified Profile
  • Property Info

Property Overview

Great opportunity to build and hold this wonderful RTI complex in the heart of the San Fernando Valley !!!
Low cost to build since parking is not required !!! 72 units plus 4 ADUs !!!
Affordable housing for 55+ elderly people (very stable occupants and light users) !!!
Get guaranteed income paid by Housing Authority !!! Recession Proof !!!
4 Story, simple construction, stack construction, LADWP Commitment Letter Approved !!!
School Permit not required and is waived (save big) !!!
Opportunity Zone!!!
Very profitabale project by building and keeping or building and selling !!!

Property Details

Property Subtype
Commercial

Highlights

  • RTI Project ready to be built !!!
  • 72 Units plus 4 ADUs !!! Guaranteed Income by Housing Authority !!!
  • No Parking Required !!!
  • School Fee is not required !!!
  • Opportunity Zone !!!
  • 4 Story simple construction complex !!!

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