The Neema Group is pleased to present a development opportunity at 10945 Moorpark St, located adjacent to West Toluca Lake in North Hollywood, minutes from Universal City & Studio City just off Vineland Ave. The subject property consists of an approximately 6,996 SF lot zoned RD1.5-1-RIO; there is 50’ of frontage on Moorpark St. Ownership has preliminary plans for five units calling for four one-bedroom lofts and one three-bedroom unit with private garages; the site will be delivered unentitled, giving a developer flexibility to move forward with a market rate or affordable project. The property benefits from alley access, providing excellent ingress and egress to the site and enhancing development flexibility. Rare opportunity to acquire a centrally located vacant lot requiring no tenant relocation. 10945 Moorpark St is located less than a mile from the Metro Red Line and walking distance to multiple Metro Local Line bus stops along Vineland Ave. Central location just off the 101 Freeway with a plethora of high-end amenities nearby such as Universal Studios, Lakeside Golf Club, and retailers along Ventura Blvd and Lankershim Blvd.