11322 Hatteras Street

North Hollywood, CA 91601

$1,295,000

List Price

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Property Description

RTI DEVELOPMENT OPPORTUNITY! Your next investment awaits--This lot, located in the heart of North Hollywood, is a prime location for a multifamily asset. Currently on the lot stands a VACANT 1,561 SF 3-bedroom, 1-bathroom single family house and a 622 SF detached garage. Approved plans for the future development feature a total of 6 units comprising four 4-bedroom units, one 2-bedroom ADU, and one recreational room that is to be converted to a second 2-bedroom unit after C of O totaling 20 bedrooms, 16 bathrooms, and over 9,000 SF of building area. The 4-bedroom floor plans boast over 1,700 SF and will come with either 3 or 4 bathrooms; each will come with a private 2-car garage and a private rooftop deck. Located amidst the North Hollywood Arts District, LA Metro Bus and Train connection hubs, schools, parks, dining, and nightlife this community has all that city savvy renters are vying for.

Listing Information

List Price $1,295,000
Status Active Under Contract
MLS 24396997
Type Land
Lot Size 7,329
Structure Size N/A
DOM 169
Courtesy Of Keller Williams Hollywood Hills
Listing Agent Yohann Bensimon DRE#01966630

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Exterior Information

Maps

Listing information courtesy of: Yohann Bensimon, Keller Williams Hollywood Hills 310-923-1550. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 13th, 2024 at 5:58 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.