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This Land Property is no longer advertised on LoopNet.com.

11304-11306 Burbank Blvd
North Hollywood, CA 91601

.16 AC of Development Land · Land For Sale · 0.16 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Convenience Store
  • Fast Food
  • Hold For Development
  • Hold For Investment
  • Parking Lot
  • Restaurant
Total Lot Size 0.16 AC

DESCRIPTION

Motivated Seller. Will entertain Seller Financing options. Incredible development opportunity, this sale includes the neighboring lot located at 11304 Burbank Blvd. Both lots, which total 7024 sq. feet, are zoned Commercial and Residential. Perfect for a builder/developer to tear down the two existing structures and build a new structure with commercial space on the ground floor and residential units above. Excellent location (2 blocks to Red Line Metro station) in an area that is experiencing tremendous development of numerous multifamily properties as well as new restaurants and shopping. The existing structures could also be renovated and used as commercial space (including possible retail cannabis/marijuana outlet). Buyer is advised to consult with all appropriate authorities and advisors as to any potential use, development options and/or restrictions. Property is now Vacant. Showings scheduled by Appointment only.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2350-008-057
  • 2350-008-036
Land Assessment
$656,183
Improvements Assessment
$240,599
Total Assessment
$896,782

ZONING

Zoning Code LAC2
LAC2
  • Listing ID: 15182613

  • Date on Market: 2/14/2019

  • Last Updated:

  • Address: 11304-11306 Burbank Blvd, North Hollywood, CA 91601

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