NoHo
RTI Land
Amazing NoHo location! An SB-8 EXEMPT, NON-RENT CONTROLLED, 7,002 square foot flat lot that is being delivered with RTI plans for 5 meticulously designed units with a future projected value of $3,950,000!!! The plans on this are next level, combining ultra-sleek design with attention to cost-effective construction. Plans feature three 5 bedroom units and two 4 bedroom units, with projected rent of $24,000/month! If you buy and hold, we project a cap rate of 7.5% or more.
List Price:
Lot Size:
Zoning:
Price/Lot SF:
Existing Bldg:
SB-8:
RTI Plans:
Highlights:
$1,495,000
7,002 sqft
LARD2
$213.51
Vacant SFR
Exempt
2x 5b/5b
1x 5b/5b ADU
1x 4b/4.5b
1x 4b/4.5b ADU
No rent control on future project
Delivered with RTI plans
7.56% projected cap rate it held
Prime NoHo location
Ideal lot dimensions of 50’ x 140’
No relocations needed
SB-8 exempt
Projected exit price of $3.950M
Estimated rent of $24,000/month
Click to View Photos
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The Neighborhood
< 20-Minute Walk
In-N-Out Burger, Starbucks, North Hollywood Metro, Tiara Street Park, India's Clay Pit, Mofongos, Jaltepeque, Superior Grocers, Coffee for Breakfast, The Room Escape Room, Roger Dunn Golf Shop, Los Burritos
< 10-Minute Drive
NoHo West, Amazon Fresh, The Federal, Laemmle NoHo 7, LA Fitness, Teapop, Player One, WeWork, Lawless Brewing, In-N-Out Burger, Dave’s Hot Chicken, El Portal Theater, Magnolia Park, Porto’s, the Chandler Bike Path,
< 10-Minute Uber Ride
The Front Yard, Black Market Liquor Bar, Firefly, Aroma Cafe, The Thirsty Merchant, Target, Trader Joe’s, Bea Bea’s, Don Cuco’s, Warner Brothers Studio Tour Hollywood, Lakeside Golf Club, Costco, Empire Center
Submit your offers now!
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No rent control on the future project!
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Delivered RTI!!! Get ready to build ASAP.
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SB-8 EXEMPT!
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Huge (7,002 SF) flat lot, ideal for a new construction project.
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Outstanding projected exit price of $3,950,000.
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If you build and hold, we project a 7.56% cap rate upon completion, if not higher!
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Conservative future projected monthly rent of $24,000.
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All 5 and 4 bedroom units, meaning maximum income.
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Expertly designed plans that combine ultra-sleek design with attention to cost-effective construction.
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Ideal floorplans that future buyers and future tenants will fall in love with.
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No relocations needed!
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Ideal lot dimensions of 50’ x 140’
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Located in the ultra-trendy NoHo Arts District, the hottest rental market in the Valley.
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Moments to NoHo West, an exciting new mixed-use development with Trader Joes, Regal Cinema Movie Theater, LA Fitness, The Stand, Ulta Beauty, Starbucks and more.