The LAAA Team of Marcus and Millichap is excited to introduce the rare opportunity to develop two lots located at 11952-11958 Vanowen Street in North Hollywood, California. The Offering totals 11,119 square feet of land and will be delivered fully RTI (ready-to-issue) for 8 Units + 2 ADUs.

LOT #1 - 11952 VANOWEN ST: Two Duplexes + Attached ADU
Lot Area: 5,426.70 SF
Zoning: R3 -1
Allowable Area: 3x Buildable = 10,200 SF
Provided Total Area = 6,280 SF

LOT #2 - 11958 VANOWEN ST: Two Duplexes + Attached ADU
Lot Area: 5,691.80 SF
Zoning: R3 -1
Allowable Area: 3x Buildable = 10,560 SF
Provided Total Area = 6,280 SF

North Hollywood is experiencing a surge in new construction, with numerous projects underway or recently completed. The neighborhood is attracting developers due to its convenient location in the San Fernando Valley and its status as a transportation hub with access to major freeways and public transit. New apartment buildings and mixed-use developments are rising along busy thoroughfares, offering residents easy access to shops, restaurants, and entertainment. Additionally, many of these new constructions feature eco-friendly and sustainable designs, reflecting a growing concern for the environment and a desire for more energy-efficient buildings. With the increase in new development, North Hollywood is poised to become a more vibrant and dynamic community.