11031 Aqua Vista Street, North Hollywood, CA 91602

Local realty services provided by:ERA North Orange County Real Estate
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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 10:26 AM

Structure and exterior

  • Lot area:0.3 Acres

Finances and disclosures

  • Price:$4,250,000
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