10629 Landale St - Commercial LAND FOR SALE


North Hollywood, CA 91602 6,098 SF
$1,289,817 USD
909-518-4906
10629 Landale St, North Hollywood, CA for Sale
$1,289,817 USD
Commercial LAND - FOR SALE
1/3
6,098 SF

10629 Landale St
North Hollywood, CA 91602


HIGHLIGHTS

  • Fully entitled 10-unit apartment project with planning and zoning approvals secured, including density bonus incentives.
  • Offered at $1,290,000, the site represents a compelling below-replacement-cost opportunity in a supply-constrained North Hollywood submarket.
  • Strong rental demand fundamentals and limited new multifamily supply support long-term rent growth and exit liquidity.

OVERVIEW

Rare opportunity to acquire an urban infill multifamily development site in North Hollywood. The property consists of a 6,064 SF R3-1-RIO–zoned lot with flat topography and approved entitlements for a 10-unit apartment project. Planning and zoning approvals are in place, including density bonus incentives, significantly reducing entitlement risk. Architectural plans are substantially complete; project is in the final plan check / permit issuance phase. Ideal for developers seeking a clear path to construction in a supply-constrained rental marketOffered at $1,290,000, this urban infill multifamily development site presents a compelling below-replacement-cost opportunity in North Hollywood. The 6,064 SF R3-1-RIO–zoned lot is fully entitled for a 10-unit apartment project, with planning and zoning approvals secured, including density bonus incentives that significantly reduce entitlement risk and timeline. Architectural and consultant plans are substantially complete, allowing a buyer to step in and advance directly toward permit issuance, avoiding the most time-consuming and uncertain phases of development. The project’s infill location, proximity to major employment centers, and limited new supply in the submarket position it for strong rental demand and attractive exit liquidity upon stabilization. Ideal for developers and value-add investors seeking entitled land with a defined path to construction in a high-barrier-to-entry market.

FOR SALE DETAILS

PRICE

$1,289,817 USD

PRICE/ACRE

$9,213,583/AC

PRICE/SF

$212 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

10629 Landale st

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd, Planned Unit Development

LAND ACRES

0.14 AC

LAND SF

6,098 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone, Irrigation

ZONING

R3-1-RIO

APN/PARCEL ID

2423-003-013

ASK ABOUT THIS PROPERTY

Frank SanchezROA CaliforniaMore Info
909-518-4906

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Frank SanchezROA CaliforniaMore Info
909-518-4906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.