11031 Aqua Vista Street, North Hollywood, CA 91602

Local realty services provided by:ERA Excel Realty
#1#2#3
11031 Aqua Vista Street,North Hollywood, CA 91602
$4,250,000
  • 0.3 Acres
  • Lots / Land
  • Active
Listed by:neema ahadian
Office:marcus & millichap
MLS#:25562481
Source:CRMLS

Price summary

  • Price:$4,250,000

About this home

We are pleased to present an affordable housing development opportunity at 11031-11035 Aqua Vista St, located in a prime North Hollywood neighborhood. The 13,236 SF double lot can be delivered fully entitled for 89 income-restricted housing units and qualifies for Tier 7 Section 8 rents. The project's prime location minutes from Studio City and Universal Studios offers immediate access to major employment centers, transit, and lifestyle amenities, making it ideal for a high-velocity lease up strategy. This presents a rare opportunity for a mission-driven developer to provide high-quality affordable housing in a market with strong demand and a significant supply gap. Plans call for a highly efficient five-story mid-rise building, utilizing Type IIIA construction to optimize cost-effectiveness. The completed project will span ~45,000 SF, featuring a well-balanced unit mix of nine Singles, 75 one-bedrooms, and five two-bedrooms. The site can be delivered RTI, allowing a developer to

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Home facts

  • Listing Id #:25562481
  • Added:40 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Structure and exterior

  • Lot area:0.3 Acres

Finances and disclosures

  • Price:$4,250,000
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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