11042 LA MAIDA STREET, NORTH HOLLYWOOD CA 91601

  • 8,525 sq.ft. lot
offered at $1,675,000
MLS#:21711368
Status: Active // Property Type:
County: Los Angeles

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.

Listing Courtesy of Jeffrey Louks, Marcus & Millichap

FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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