5321 Satsuma Avenue
Los Angeles, CA 91601
- – beds
- – baths
- – sqft
- 10,800 sqft lot
- – on site
Shovel ready 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. Buyer needs to record the low income covenant in their name to clear housing, pay some fees, and pull permit. MEP are RTI. 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.
Last checked:
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Last updated Nov 27, 2024
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MLS# 24467095 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Financial & Terms
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Disclosures:LA/Owner Related
Location
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Directions:East of Vineland, North of Magnolia
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Latitude:34.16758700
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Longitude:-118.36786800
The Property
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Property Type:Land
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Zoning:LAR3
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Lot Size Area:10800.0000
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Lot Size Dimensions:80x135
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Lot Size Acres:0.2479
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Lot Size SqFt:10800.00
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Lot Size Source:Assessor
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Lot Dimensions Source:Assessor
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View:1
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2416007023
The Community
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Senior Community:No
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Association:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/26/24
Nov 26, 2024
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Listed / Active | CRMLS_CA | $3,500,000 | 530.6% (54.5% / YR) |
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3/5/15
Mar 5, 2015
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CRMLS_CA | $555,000 |
