Listing Courtesy Of:
The Ryans Estates Group Inc., 310-770-3344, Damoon Ryan
Local Realty Services Provided By:
Keller Williams Realty Studio City
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5321 Satsuma Ave, North Hollywood, CA 91601
5321 Satsuma Ave, North Hollywood, CA 91601
Estimation provided by Keller Williams Realty Inc.
Active
For Sale
Property Description
Shovel ready DOUBLE LOT development opportunity in North Hollywood with all plans and approvals in place. Current plans call for 34,700 SqFt, 6 story building with 30 large units, including 6 future ADU conversions after C of O. Including the future ADUs there are 15 three bedroom units, 10 two bedroom units, and 5 one bedroom units. 3 units are to be Extremely Low Income. No subterranean, parking for 18+ cars is on the ground level. Buyer needs to record the low income covenant in their name to clear housing, pay some fees, and pull permit. MEP are RTI. Alternatively, buyer can go for fully affordable development and build 100+ units. Tenants are month to month and would move out with 30 day notice. Addresses are 5317 and 5321 Satsuma Ave. APNs are 2416-007-022 and 2416-007-023. Plans and approvals are available upon request.
Property Details
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Overview
Property Type
Land
Days on Site
22 Days
Parking
No
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551
Activity History
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SHARES
Data provided by Keller Williams Realty, Inc.
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Estimated Monthly Payment
Purchase Price:
$2,999,000
Principal + Interest
Property Tax
Home Insurance
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Mortgage Insurance
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Price & Tax History
Date
Event
Price
03/08/2025
Listed
(+225.98% )
04/21/2021
Sold
(+55.93% )
10/29/2018
Sold
(+6.31% )
03/04/2015
Sold
(+108.65% )
04/03/2014
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+4.92% )
Land 765,734 +
Additions 191,433
2022
(+51.76% )
Land 486,427 +
Additions 121,606
2021
(+3.09% )
Land 486,427 +
Additions 121,606
2019
(+1.69% )
Land 481,440 +
Additions 120,360
2017
Land 468,981 +
Additions 117,243
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551
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