$2,590,000
For Sale

5614 Fulcher Avenue

North Hollywood, CA 91601
0.21 acres | #SR24247256
Listing OfficeReza Ghobadi
Type:Purchase
Structure:Land
Zone:Residential

Description

Redevelopment opportunity in North Hollywood, California. This project features two stories of on-grade parking (Type I-A) and five residential stories (Type III-A). Located in an Opportunity Zone, the project is approved for 36 apartment units with an excellent mix of 20 two-bedroom/two-bath units and 16 one-bedroom/one-bath units, along with 27 parking stalls. The project will be delivered RTI (Ready to Issue) prior to the close of escrow.
• 36-Unit Redevelopment in North Hollywood
• Will be delivered RTI (Ready to Issue)
• Type III-A (Apartments) & Type I-A (Parking Garage)
• 27 Parking Stalls
• Opportunity Zone
• 20 two-bedroom units and 16 one-bedroom units
• Net Rentable: 27,731 square feet
• Total Building Envelope: 34,317 square feet
• Located just north of Burbank Blvd. and west of Vineland Ave.
• Easy access to the 170, 101 and 134 Freeways as well as Interstate 5

  • Property Details
      • CountyLos Angeles
      • Original List Price$2,590,000
      • MLS #SR24247256
      • MLS #SR24247256
      • Property TypePurchase
      • Cost2590000
      • Acres0.2119
      • Utility SourcePublic
      • Property SubtypeLand

Location

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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