R1-1
$339,000
$83
5
20,327
0.47
RTI
LAAA is pleased to present 4637 Laurel Canyon Blvd, a high-profile RTI development site for 4 town-homes and 1 single family residence in prime Valley Village, CA. The project is located within walking distance of a vast array of retail, dining and entertainment along the Laurel Canyon corridor.
4637 Laurel Canyon Blvd is ideally located in the high demand submarket of Valley Village, which boasts upscale demographics, dense immediate population, high barriers of entry, and strong market fundamentals yielding landlord-favored market conditions to an investor/developer. The development site is within two miles of the popular NoHo Arts District and the Metro RedLine Station. Centrally located in the center of a variety of employment and retail options.
The neighboring city of North Hollywood has experienced a major influx of development over the last couple years. With dozens of large-scale projects now in the pipeline, the area is well on its way to becoming one of the most thriving and walkable places to live, work and play in greater Los Angeles. Smart development, increasing economic activity and transportation improvements are transforming this pocket into one of the most desirable neighborhoods in the region. Lankershim Boulevard is emerging as an artistic destination as several new theatres, bars, and boutique restaurants have joined the Arts District; Whole Foods, The Federal Bar, NoHo Commons and HAHA Comedy Club just to name a few.
Due to the city’s sought-after dining, nightlife and artistic lifestyle... demand for housing has reached an all-time high. In order to meet the demand for housing, developers have flocked to North Hollywood to build close to $3 billion in mixed use projects from 2015-2020.