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$2,599,000

FOR SALE
Active

5317 Satsuma Avenue

North Hollywood, CA

MLS# 26103622

16 days on marketNalren refreshed

Listing Agent

Damoon Ryan

Listing Agent

The Ryans Estates Group Inc.

DRE #: 01889504

(310) 770-3344

Brokerage: The Ryans Estates Group Inc.

Property Details

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Bedrooms

N/A

Bathrooms

N/A

Square Feet

N/A

Year Built

0.25 acres

Lot Size

N/A

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

Shovel ready RTI DOUBLE LOT development opportunity in North Hollywood with all plans and approvals in place. Current plans call for 34,700 SqFt, 6 story building with 30 large units, including 6 future ADU conversions after C of O. Including the future ADUs there are 15 three bedroom units, 10 two bedroom units, and 5 one bedroom units. 3 units are to be Extremely Low Income. No subterranean, parking for 18+ cars is on the ground level. Plumbing and HVAC permits already pulled. Alternatively, buyer can go for fully affordable development and build 100+ units. Tenants are month to month and would move out with 30 day notice. Addresses are 5317 and 5321 Satsuma Ave. APNs are 2416-007-022 and 2416-007-023. Plans and approvals are available upon request.

Facts & Features

Parking

Parking Total
0

Community / HOA

HOA
No

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