5444 Camellia Avenue, North Hollywood, CA 91601
Local realty services provided by:ERA North Orange County Real Estate
5444 Camellia Avenue,North Hollywood, CA 91601
$1,600,000
- 0.15 Acres
- Lots / Land
- Active
Listed by: daniel shamooelian
Office: keller williams beverly hills
MLS#:25607381
Source:CRMLS
Price summary
- Price:$1,600,000
About this home
PRICE REDUCED! Under $35,000 per unit!! KW Commercial is proud to present an exceptional ready-to-issue (RTI) 46-unit, 100% affordable housing ED 1 development opportunity located in the heart of North Hollywood's vibrant NOHO Arts District! Situated on a 6,591 sq. ft. corner lot, this 5-story apartment project is thoughtfully designed for maximum efficiency and minimal construction complexity. The unit mix includes 2 two-bedroom units, 27 one-bedroom units, and 16 studios, offering approximately 19,925 sq. ft. of rentable space. Located less than half a mile from the NOHO Metro Red Line Station, residents will enjoy easy access to public transportation and the abundance of shopping, dining, and entertainment that make the NOHO Arts District one of Los Angeles' most desirable neighborhoods. With a Walk Score of 87 and a Bike Score of 74, the property promises high tenant demand and stable occupancy for years to come. This 100% affordable housing community includes: 2 units reserved for very low-income households ( 50% AMI), 34 units reserved for low-income households ( 80% AMI), 8 units reserved for moderate-income households ( 110% AMI), and 1 market-rate manager's unit. Rents for the very low-and moderate-income units follow HCD Schedule VI, while the low-income units align with TCAC Schedule IX. Additionally, the property's location is ideal for attracting Section 8 voucher tenants, potentially increasing rental income by up to 20% per unit. The proposed design features zero parking spaces, significantly reducing construction costs for developers. The site is currently improved with a vacant duplex, eliminating the need for tenant relocation and ensuring a smooth path to construction. Don't miss this rare opportunity to develop a fully affordable housing project in a high-demand Los Angeles neighborhood, all at an exceptional value of just under $35,000/per unit!! May be delivered as a vacant lot if desired. Contact the listing agent today for additional information or to request a full set of approved plans.
Contact an agent
Home facts
- Listing ID #:25607381
- Added:116 day(s) ago
- Updated:February 16, 2026 at 08:31 PM
Structure and exterior
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,600,000
New listings near 5444 Camellia Avenue
- Open Sat, 1 to 4pmNew
$1,195,000Active3 beds 2 baths1,737 sq. ft.6127 Laurelgrove, North Hollywood, CA 91606
MLS# SR26025030Listed by: RODEO REALTY - New
$1,126,000Active6 beds 2 baths2,931 sq. ft.11819 Hamlin Street, North Hollywood, CA 91606
MLS# 26652495Listed by: RAFAEL & ASSOCIATES CO. - New
$1,126,000Active0.19 Acres11819 Hamlin Street, North Hollywood, CA 91606
MLS# 26652497Listed by: RAFAEL & ASSOCIATES CO. - New
$1,550,000Active8 beds 8 baths3,840 sq. ft.5619 Irvine Avenue, North Hollywood, CA 91601
MLS# SR26031123Listed by: SILVA REALTY - New
$1,799,000Active6 beds 5 baths2,290 sq. ft.6763 Case Avenue, North Hollywood, CA 91606
MLS# 26652225Listed by: COMPASS - New
$1,799,000Active6 beds 5 baths2,290 sq. ft.6763 Case Avenue, North Hollywood, CA 91606
MLS# 26652235Listed by: COMPASS - New
$1,200,000Active4 beds 3 baths12811 Oxnard Street, Los Angeles, CA 91606
MLS# P1-25868Listed by: COMPASS - New
$379,000Active1 beds 1 baths664 sq. ft.5143 Bakman #308, North Hollywood, CA 91601
MLS# CV26034167Listed by: NICHOLAS REALTY - New
$379,000Active1 beds 1 baths664 sq. ft.5143 Bakman #308, North Hollywood, CA 91601
MLS# CV26034167Listed by: NICHOLAS REALTY - New
$349,000Active1 beds 1 baths696 sq. ft.11025 Kittridge #134, North Hollywood, CA 91606
MLS# SR26033400Listed by: EXP REALTY OF CALIFORNIA INC