5614 Fulcher Avenue,North Hollywood,Los Angeles,Land

Property 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