12045 Hart St, North Hollywood, CA 91605

Attention developers! We are proud to offer this 6-unit value add building on a large lot with development potential. Its size and location are remarkable. There is an opportunity to build a new building with 15+ units. Furthermore, the R3 TOC Tier 1 lot allows for multiple ADUs in the rear. It is a nice rental pocket, adjacent to Laurel Canyon Blvd and a few minutes to NoHo Arts District. The area has transformed into a soft urban lifestyle with a ton of culture, modern amenities and trendy restaurants. The property has been owned by the same family since 1988. All units are clean and spacious with plenty of parking. The market is shifting, the culture is shifting, the need for housing units is shifting and this asset presents serious flow opportunities for the current generation of housing providers!