5624 - 5632 Cahuenga Blvd, North Hollywood, CA 91601
Four commercial, LAC2-1VL lots located at 5624, 5626, 5628 and 5632 Cahuenga Blvd in North Hollywood, California 91601
OPTION #1 / Asking: $649,000. Three fenced, paved lots zoned LAC2-1VL. Total land area of 7,875 SF. Existing 435 SF building built in 1949. 75’ Cahuenga Blvd frontage. 20’ wide alley in the back. APN 2415-025-009, 2415-025-008 and 2415-025-007
OPTION #2 / Asking: $899,000. Four fenced, paved lots zoned LAC2-1VL. Total land area of 10,500 SF. Two buildings: 435 SF and 132 SF. 100’ Cahuenga Blvd frontage. 20’ wide alley in the back. APN 2415-025-009, 2415-025-008, 2415-025-007 and 2415-025-006.
The property is located North of Burbank Blvd in close proximity to the NOHO Arts District, Burbank and Universal Studios. Current zoning allows maximum Floor Area Ratio of 1.5:1 for a new commercial development. A mixed-use commercial and residential development under RAS4 zoning would allow 3:1 Floor Area Ratio, up to 50’ height limit and up to 26 units. General Plan Land Use: Highway Oriented Commercial. Community Plan Area: NHO/Valley Village. The property is located outside of the CRA
Edward Jesman
Edward Jesman Realty
Investment Properties & Financing
127 Broadway, Suite 211
Santa Monica, California 90401
310.394.9129 Office
323.345.5374 eFax
edward@jesman.com
www.jesman.com
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