11120 Burbank Boulevard Los Angeles, CA 91601

226748566 34.17186 -118.37318 120 /listing/226748566-150127580/11120-burbank-boulevard-los-angeles-ca-91601 False 0 2150000.0 102 SR18286951 False
  • $2,150,000
  • 10,342 lot
  • Est payment $11541.66/mo

Property & Neighborhood Info

Courtesy Of Anie Mayelian, 00778825, Keller Williams Encino-Sherman

Vacant Land in North Hollywood

Price reduced by $50,000! In Opportunity Zone. We are pleased to present for sale a unentitled development site in the thriving, densely populated North Hollywood neighborhood. The subject is located on the corner of Burbank Blvd. and Fulcher Ave. and has two addresses at 11120 Burbank Blvd. and 5553 Fulcher Ave. Develop ± 15 units as multifamily project. (buyer to confirm) The site is zoned C2-1 on ± 10,342 square foot corner lot. Currently operates as 6 units and 8 offices in a mixed-use building with gross income of $132,999. North Hollywood has undergone a huge boom in development within the past few years. Multiple development projects are underway, including The Carlyle Group's 329-unit, The Weddington, Hayes Capital Management's 297-unit Lankershim & Otsego and the ambitious NoHo West project. See rent comparables range for new construction:1 Bed-1 Bath rents range of $2,115 - $3,040; 2 Bed-2 Bath rents range of $2,600 - $3,700. The submarket's desirable location is near the center of the metro and within a reasonable commuting distance of several of LA's premiere employment centers including Downtown Los Angeles, Hollywood, Woodland Hills and Beverly Hills.

Courtesy Of Anie Mayelian, 00778825, Keller Williams Encino-Sherman
  1. 10,342 Lot

Main Features

  • Listing Status: Active
  • County: Los Angeles
  • Zoning: LAC2-1/LAR4-1L
  • MLS Number:SR18286951

Additional Features

  • View:
    • None
  • Water Source:
    • Public
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 0-1 Unit/Acre
  • Community Features:
    • Sidewalks
  • CDOM:
    • 191
  • Association Fees:
    • 0.00
  • Special Conditions:
    • Standard
  • Listing Agent License Number:
    • 00778825
  • Lot Size Acres:
    • 0.2374
  • Lot Size Area:
    • 10342.0000
  • Lot Size Square Feet:
    • 10342.00
  • Price Per SQFT:
    • 207.89
  • Tax ID:
    • 2350005057
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Jamie Durity
Jamie Durity
Broker

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