Attention developers! This is an exciting opportunity in a great North Hollywood location. The property is located next to Laurel Canyon Blvd, connecting north valley to the city. Residents can walk to public transportation, restaurants and myriad commercial services. There is space for a 20-Affordable-Units project, 11 luxury condos, up to eight ADUs as well as endless possibilities to create cash flow. Incentives: property tax exemption for 100% affordable buildings (!), no minimum parking, tenant relocations and tax credits. The 6-unit building is in working condition, all units are spacious with new windows and ample parking. When you look closer, you'll see an amazing deal in a rapidly developing location!