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Real Estate Listing at Properties from The Knight Group LA

Properties

The Knight Group LA

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$1,450,000
53 Days On Site

12012 Hart Street
North Hollywood, CA 91605

For Sale|Land|Active
County:
Los Angeles
Listed by Amir Jawaherian of The Agency amir@theagencyre.com
Call Now: 503.200.4823
Is this the listing for you? We can help make it yours.
503.200.4823
12012 Hart Street12012 Hart Street12012 Hart Street
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Monthly Payment (Est.)

$6,615
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Fully RTI and ready to build, this 22-unit 100% affordable housing project in North Hollywood offers a rare turnkey development with no entitlement risk. Approved plans feature 19 one-bedroom and 3 studio units. Total project cost $6.05M with an estimated stabilized value $8.66M at a 5% cap rate, yielding a projected 7.2% return on cost. Prime infill location near NoHo Arts District, NoHo West, and major studios. High rental demand and potential property-tax exemption through nonprofit partnership make this a compelling opportunity for builders and investors seeking immediate project readiness and strong long-term value.

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Listing Snapshot
Price 
$1,450,000
Days On Site 
53 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.161 Acres
Year Built 
N/A
MLS® Number 
25601767
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.161
Special Circumstances 
Standard
Zoning 
LAR3
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Exterior Features
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None
Waterview 
None
Community Features
MLS Area 
NHO – North Hollywood
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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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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