6 UNIT DEVELOPMENT OPPORTUNITY in NoHo Arts District area of North Hollywood. This property has 2 ADDRESSES so Ingress/Egress can be from 5233 N CAHUENGA OR 5222 N WILLOWCREST. The ZIMAS map shows that the front of the property for yardscape is on the Willowcrest side (see attached map.)
Per City, current zoning is R3-1VL. Near the NoHo Metro Station, Arts District and Farmers market. Build 6 - 3 Bedroom + 2.5 Baths Two Level Units, with unit square footage ranging from 1,300-1400 sq. ft. Perfect for developers, investors. Here is your opportunity to build in the famous North Hollywood Apartment or Multiplex. While much of entertainment history has taken place in the area, it has undergone a renaissance as of late with a slew of new destination points for daytime hangs, kitschy shopping and eclectic nightlife. Journey through all the cultural offerings North Hollywood has available, as there are creative mediums being showcased at a variety of venues in the North Hollywood Arts District. Property sold as is, no warranties; value is on the lot location and lot zoning.