11405 W Archwood Street, North Hollywood, CA 91606
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
11405 W Archwood Street,North Hollywood (los Angeles), CA 91606
$1,125,000
- 0.16 Acres
- Lots / Land
- Active
Listed by: amir jawaherian
Office: the agency
MLS#:CL26103139
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,125,000
About this home
Ready-to-issue (RTI), 100% affordable development opportunity in North Hollywood. 11405 W Archwood St / 6701 N Tujunga Ave is a 6,790 SF corner lot, zoned RD1.5-1, with plans approved for a new 4-story, 22-unit Type V-A apartment building under ED 1 and AB 2345. The project uses AB 2345 base incentives, including unlimited density, no required parking and a 33-foot height increase. It is not an SB 330 project and requires no zone change, variance or general plan amendment.The design delivers approx. 14,513 SF of gross building area: 19 one-bedroom and 3 two-bedroom units, including 1 manager's unit. Features include an elevator, approx. 1,885 SF of rooftop common open space, an on-site laundry room, long-term bike parking and full NFPA-13 fire sprinklers. The project is 100% privately funded, with no tax credits and no public financing, so the buyer controls the capital stack and the timeline.Rents can be underwritten to HACLA Section 8 payment standards for zip code 91606, for projected gross potential rent of approx. $619,000 per year. A welfare property tax exemption under R&TC Section 214 offers additional upside to operating expenses. The site is served by LA Metro Line 165 and LADOT DASH North Hollywood.Architectural, civil and structural plan sets are complete. A buyer steps in with entitlement and plan-check risk behind them and a clear path to construction. Offering memorandum, plans and pro forma available on request. Buyer to verify all information....
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Home facts
- Listing ID #:CL26103139
- Added:11 day(s) ago
- Updated:October 31, 2026 at 07:50 PM
Structure and exterior
- Lot area:0.16 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$1,125,000
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