4635 Tujunga Avenue, North Hollywood, CA 91602

North Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
4635 Tujunga Avenue,North Hollywood, CA 91602
$2,950,000
  • 0.32 Acres
  • Lots / Land
  • Active
Listed by: benjamin lee
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26856035
Source:CRMLS

Price summary

  • Price:$2,950,000

About this home

We are pleased to present 4635-4639 Tujunga Avenue, a fully entitled affordable housing development opportunity located in the highly desirable Studio City / Valley Village corridor of North Hollywood. Situated on a 13,805 square foot site, the property is approved for a 58-unit income-restricted apartment community and qualifies for Tier 3 Section 8 rents. Positioned within a High Resource Area under the TCAC/HCD Opportunity Map and designated as a High Opportunity Area by HUD, the project offers developers meaningful advantages for tax credit scoring while enhancing long-term investment fundamentals. Delivered vacant and fully Ready-to-Issue (RTI), the project allows a developer to commence construction immediately without entitlement risk. All discretionary approvals have been completed, eliminating years of processing time, carrying costs, and approval uncertainty, allowing investors to focus on execution rather than entitlement. The approved plans feature a highly efficient...

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Home facts

  • Listing ID #:26856035
  • Added:93 day(s) ago
  • Updated:October 08, 2026 at 11:27 AM

Structure and exterior

  • Lot area:0.32 Acres

Finances and disclosures

  • Price:$2,950,000
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