11209 La Maida, North Hollywood, CA 91601

Property Description

R3 Zoning | Exceptional Development Opportunity Near the NoHo Arts District Located adjacent to the NoHo Arts District, 11209 La Maida Street offers investors and developers an exceptional opportunity to acquire a well-positioned property with significant redevelopment potential in one of the San Fernando Valley's most active and evolving neighborhoods. The property currently features a 1,402-square-foot residence with 2 bedrooms, 1.5 bathrooms, a formal dining room, interior laundry area, and detached converted garage. The existing home provides a variety of possibilities for an investor, developer, or owner-user looking to capitalize on the property's R3-1VL zoning and location. Surrounded by established multi-family properties and just moments from the NoHo Arts District's dining, entertainment, transportation, and urban amenities, the property offers an attractive setting for future development and the continued demand for housing in the area. Now offered at $929,000, this property represents an opportunity to acquire a development-oriented site in a highly desirable location at an attractive price point. Buyers are encouraged to conduct their own independent investigations with the City of Los Angeles regarding zoning, density, allowable uses, development standards, and the property's maximum development potential.