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12012 Hart Street North Hollywood, CA $ 1,450,000
12012 Hart Street
$ 1,450,000
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12012 Hart Street

North Hollywood, CA, 91605
$ 1,450,000
Baths0.0

Monthly Estimate*

$ 9,046

Listed by The Agency
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Studio

Lots and Land for sale in North Hollywood, CA

for $1,450,000. The lot size is 0.161.

Fully RTI and ready to build, this 22-unit 100% affordable housing project in North Hollywood offers a rare turnkey development with no entitlement risk. Approved plans feature 19 one-bedroom and 3 studio units. Total project cost $6.05M with an estimated stabilized value $8.66M at a 5% cap rate, yielding a projected 7.2% return on cost. Prime infill location near NoHo Arts District, NoHo West, and major studios. High rental demand and potential property-tax exemption through nonprofit partnership make this a compelling opportunity for builders and investors seeking immediate project readiness and strong long-term value.

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Lots and Land Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.161

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

25601767

Days on Market

79

Features
General
Zoning LAR3
View None
County Los Angeles
New Construction 0
Property Type Land
HOA 0
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Lauarel Canyon Blvd to Hart
City North Hollywood
Senior Community Y/N 0
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 7013
Standard Status Active
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Interior
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 7013
Lot Size Acres 0.161
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* Excluded Features
List By
The Agency

Broker

amir@theagencyre.com

Email

Affordability Calculator

$9,046
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,046
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$1,450,000 Listed Price

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12012 Hart Street, North Hollywood, CA, 91605 is a Lots and Land for sale at $1,450,000 with a lot size of 0.161. 12012 Hart Street is a studio with 0.0 baths. The property's zip code is 91605 which is in North Hollywood, CA