Amazing development potential awaits in the vibrant NoHo Arts District. This 6,254 square-foot lot is classified as R3 zoning and is situated within an opportunity zone. You have the option to construct high-end apartment units or multiple townhomes on this prime piece of land. North Hollywood is currently witnessing a surge in new construction, with numerous ongoing or recently finished projects. Modern apartment complexes and mixed-use developments are emerging along bustling streets, providing residents with convenient access to shops, dining, and entertainment. Seize this outstanding chance to invest in a premium development in one of North Hollywood's most desirable neighborhoods. Owner financing available.