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NoHo
RTI Land

SB-8 exempt land in A+ NoHo Arts location! Delivered with premium plans for a 5-UNIT (fourplex + MASSIVE ADU) with ARV of $4,100,000. SB-8 EXEMPT & NON-RENT CONTROLLED! Plans feature four 5 bedroom units and one 3 bedroom unit, with projected rent of $25,000/month! If you buy and hold, we project a cap rate of 8% or more.

List Price:
Lot Size:
Zoning:
Price/Lot SF: 

Existing Bldg:
SB-8:
RTI Plans:


Highlights:

$1,495,000
6,984 sqft
LARD1.5
$214.06
Already Demolished SFR
Exempt
1x 5b/4.5b
3x 5b/4b
1x 3b/3.5b
No rent control on future project
SB-8 exempt
Delivered with RTI plans
House already demolished
Prime NoHo Arts location
Ideal lot dimensions of 50’ x 139’
No relocations needed
Projected exit price of $4.1m
Estimated rent of $25,000/month

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The Neighborhood

< 10-Minute Walk

Fatburger, East Valley High School, Oxnard Street Elementary, Eat That Burger, Aki Shabu, Club Cobra, The Good Nite, Evolution Studios, Hayatt’s Kitchen, LaValle's Actor's Workshop, The Group Repertory Theater, McDonald's

< 10-Minute Drive

Amazon Fresh, The Federal, Laemmle NoHo 7, 24 Hour Fitness, Teapop, Player One, Orange Theory Fitness, WeWork, Lawless Brewing, In-N-Out Burger, Dave’s Hot Chicken, El Portal Theater, Magnolia Park, Porto’s, the Chandler Bike Path, Tujunga Village

< 10-Minute Uber Ride

The Front Yard, Black Market Liquor Bar, Firefly, Aroma Cafe, The Thirsty Merchant, NoHo West, Target, Trader Joe’s, Bea Bea’s, Don Cuco’s, Warner Brothers Studio Tour Hollywood, Lakeside Golf Club, Costco, Empire Center, Roosevelt Elementary School

Video
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Submit your offers now!

  • Outstanding projected exit price of $4,100,000!

  • If you build and hold, we project a 8%+ cap rate upon completion, if not higher!

  • No rent control on the future project!

  • Delivered RTI!!! Get ready to build ASAP!

  • Conservative future projected monthly rent of $25,000.

  • SB-8 EXEMPT!

  • Already demolished- saving money on demo costs!

  • Expertly designed plans that combine ultra-sleek design with attention to cost-effective construction.

  • Ideal floorplans that future buyers and future tenants will fall in love with.

  • No relocations needed!

  • Non-tenant occupied!

  • Large (6,988 SF) flat lot, ideal for a new construction project!

  • Ideal lot dimensions of 50’ x 139’

  • Located in the ultra-trendy NoHo Arts District, the hottest rental market in the Valley.

  • 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.

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