11528 Emelita Street

11528 Emelita Street

North Hollywood, CA 91601

$1,000,000
Price
6,040 / 0.14
Lot Size / Acres
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Description

We are pleased to present for a sale a prime LAR3 development opportunity near the Noho Arts District of North Hollywood! This FLAT ~6,040 sqft lot offers a developer the opportunity to build 5 units by right or up to 9 units using TOC Incentives. Lot dimensions are ~ 50 by 121 sqft, zoned (Q)R3-1, TOC Tier 1, and a corner lot (optimal for design efficiency & parking access!) Perfect for a fourplex or small lot subdivision! Located within a qualified Opportunity Zone, potential for tax incentives...We are pleased to present for a sale a prime LAR3 development opportunity near the Noho Arts District of North Hollywood! This FLAT ~6,040 sqft lot offers a developer the opportunity to build 5 units by right or up to 9 units using TOC Incentives. Lot dimensions are ~ 50 by 121 sqft, zoned (Q)R3-1, TOC Tier 1, and a corner lot (optimal for design efficiency & parking access!) Perfect for a fourplex or small lot subdivision! Located within a qualified Opportunity Zone, potential for tax incentives (buyer to verify). The subject property is located less than 1 mile from the heart of the Noho Arts District, super close to shopping, bars, dining, entertainment, and transportation. Current improvements include a single family home that has been owner occupied for 20+ years, will be SB 8 EXEMPT! No dealing with rent control or tenant relocation here! Do not miss this opportunity to purchase a rare corner site near all the shopping, restaurants, transportation, and amenities that North Hollywood has to offer its tenants. Home to be sold As-Is. Contact listing agent for more details!
  1. Listed by Daniel Shamooelian • DRE #01984269 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 11528 Emelita Street

Zoning
LAR3
Parcel Number
2338015007
Area
North Hollywood (NHO)
Lot Size Area
6040
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
2338-015-007
Directions
South of Oxnard St, North of Burbank Blvd, East of Colfax Ave, West of Lankershim Blvd

Location

Listing Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian, DRE #01984269
Add your commute
LISTING UPDATED: 04/27/2024 12:01 AM

Property Details for 11528 Emelita Street

StatusActive
MLS #24-381681
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.14 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian, DRE #01984269
Add your commute

Building Information for 11528 Emelita Street

Lot Size0.14 AC

Payment Calculator

$5,840 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$383

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11528 Emelita Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.1387
  • Lot Size Square Feet: 6040
  • Lot Size Dimensions: 50x121
  • Source Lot Size Dimensions: Vendor Enhanced
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 04-19-2024

Property History for 11528 Emelita Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11528 Emelita Street

Taxable ValueLand$204,807Additions$155,868Total$360,675
Tax Record2023$4,595 ($383 / month)
Home Facts
Beds3Total Finished SqFt1,376 SqFtAbove Grade Finished SqFt1,376 SqFtStories1Lot Size6,041 SqFtStyleSingle Family ResidenceYear Built1940ZoningLAR3CountyLOS ANGELESAPN2338-015-007

Schools near 11528 Emelita Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Maurice Sendak Elementary School
Public - K to 5
Roy Romer Middle School
Public - 6 to 8
North Hollywood Senior High School
Public - 9 to 12
New Horizons Charter Academy
Charter - K to 8
Rating
School
Distance
Maurice Sendak Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

New Horizons Charter Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 11528 Emelita Street, North Hollywood, CA 91601

11528 Emelita Street is a 0.14 ac of land for sale in North Hollywood, CA 91601. This property was listed for sale on April 19, 2024 by Keller Williams Beverly Hills, it's currently listed at $1,000,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Maurice Sendak Elementary School, Roy Romer Middle School and North Hollywood Senior High School. 11528 Emelita Street is a 0-bed, 0-bath, 0.14 ac of land on a 6,040 sq. ft. / 0.14 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian, DRE #01984269

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.