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    11042 La Maida St

    North Hollywood, CA 91601
    • $1,675,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 21-711368
    UPDATED: 35 min ago
    $1,675,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    The proposed project consists of a by right ten unit apartment building with three stories above one level of parking. The plans have been submitted to building and safety for approval. A potential buyer will be saving approximately a year of time moving forward with the current plans, or may elect to redesign the project and build a 17 unit apartment building, utilizing Transit Oriented Communities (TOC) Affordable Housing incentives. The property falls under TOC Tier 1, which allows for a 50% density bonus, 40% floor area ratio (FAR) bonus, 11 additional feet of allowed height, and as low as 0.5 required parking spaces per bedroom.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-17T22:42:23.243. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.jelmbergteam.com/homes/115518415
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    11042 La Maida St North Hollywood, CA 91601

    • Price: $1,675,000
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 21-711368
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    Neighborhood:
    North Hollywood
    County:
    Los Angeles
    Area:
    North Hollywood
    Property Description
    The proposed project consists of a by right ten unit apartment building with three stories above one level of parking. The plans have been submitted to building and safety for approval. A potential buyer will be saving approximately a year of time moving forward with the current plans, or may elect to redesign the project and build a 17 unit apartment building, utilizing Transit Oriented Communities (TOC) Affordable Housing incentives. The property falls under TOC Tier 1, which allows for a 50% density bonus, 40% floor area ratio (FAR) bonus, 11 additional feet of allowed height, and as low as 0.5 required parking spaces per bedroom.
    Exterior Features

    Lot Size Area 8525 View Description None View YN No

    Property Features

    Cable YN No Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Jeffrey Louks DRE#00908473 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-17T22:42:23.243. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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