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    10921 Hesby Street

    North Hollywood, CA 91601
    • $1,199,000
    • STATUS: Active
    • ON SITE: 108 days
    • ID#: SR20059715
    UPDATED: 19 min ago
    $1,199,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    This site is an excellent Multi-Family Development Project in a solid location which is perfectly suited for a medium density development of multiple units. This site is situated within the Transit Oriented Communities (TOC) Tier 1 zone which allows for a 50% bonus in the number of allowed units by right, with the condition of allocating a small percentage of affordable housing. Additionally, under this revised zoning, the new parking requirement is 0.5 per bedroom, plus a menu of additional incentives for a developer such as additional height and increased FAR. Buyer to verify all incentives and requirements with the appropriate city office. Can be packaged with neighboring parcel for a combined total of 11,611 SF.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-06T18:28:59.043. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | Your Home Sold Guaranteed. Licensed in the State of California, USA.

    www.searchcaliforniahomes.net/homes/104294284
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    10921 Hesby Street North Hollywood, CA 91601

    • Price: $1,199,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: SR20059715
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    This site is an excellent Multi-Family Development Project in a solid location which is perfectly suited for a medium density development of multiple units. This site is situated within the Transit Oriented Communities (TOC) Tier 1 zone which allows for a 50% bonus in the number of allowed units by right, with the condition of allocating a small percentage of affordable housing. Additionally, under this revised zoning, the new parking requirement is 0.5 per bedroom, plus a menu of additional incentives for a developer such as additional height and increased FAR. Buyer to verify all incentives and requirements with the appropriate city office. Can be packaged with neighboring parcel for a combined total of 11,611 SF.
    Exterior Features

    Lot Features Level With StreetRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Road Frontage Type City Street Road Surface Type Paved View None View YN No

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Curbs Country Us Distance To Electric Comments 0 Distance To Gas Comments 0 Distance To Sewer Comments 0 Distance To Water Comments 0 Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning Lar3

    Listing provided courtesy of Simon Mills of Mills Realty Of California


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-06T18:28:59.043. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | Your Home Sold Guaranteed. Licensed in the State of California, USA.

     
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