exceptional development opportunity in the heart of North Hollywood! 6348 Camellia Avenue offers a rare chance to acquire a five-unit multifamily development site at an attractive price point. SB8 clearance is expected within the next few weeks, and RTI (Ready-to-Issue) plans for five units are anticipated shortly thereafter, allowing a buyer to move quickly toward construction. Situated in a desirable residential neighborhood with convenient access to major employment centers, shopping, dining, entertainment, and transportation, this property combines strong development fundamentals with a highly sought-after location. Whether you're a seasoned developer or an investor looking to add value, this is an outstanding opportunity to secure a project that is nearing the finish line on entitlements. Don't miss this chance to capitalize on a nearly RTI five-unit development in one of the San Fernando Valley's most active rental markets.
Bathrooms
0
Lot Size
7,187 sqft
Days on Market
0
HOA Fee
N/A
MLS #
26844183
$0
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|---|---|---|---|
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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