12012 Hart Street, North Hollywood, CA 91605
Local realty services provided by:CENTURY 21 LOTUS
12012 Hart Street,North Hollywood, CA 91605
$1,450,000
- 22 Beds
- 22 Baths
- 15,935 sq. ft.
- Multi-family
- Active
Listed by: amir jawaherian
Office: the agency
MLS#:25601625
Source:CRMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$90.99
About this home
Incredible RTI development opportunity in the heart of North Hollywood. Fully entitled 22-unit affordable housing project featuring 19 one-bedroom and 3 studio units, all 100% affordable. Ready to build nowno entitlement delays. Ideally located near the NoHo Arts District, NoHo West, Universal, Warner Bros, and Disney, with Metro Red & G Line access. Estimated project cost $6.05M, stabilized value $8.66M. Excellent demographics, strong rental demand, and potential property-tax benefits via nonprofit partnership make this an outstanding turnkey investment in one of the Valley's fastest-growing markets.
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Home facts
- Year built:1926
- Listing ID #:25601625
- Added:70 day(s) ago
- Updated:December 06, 2025 at 11:37 AM
Rooms and interior
- Bedrooms:22
- Total bathrooms:22
- Living area:15,935 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1926
- Building area:15,935 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$90.99
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