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12012 Hart StreetNorth Hollywood, CA 91605

For Sale

$1,450,000

Smart Buyer Rebate $14,500

Incredible RTI development opportunity in the heart of North Hollywood. Fully entitled 22-unit affordable housing project featuring 19 one-bedroom and 3 studio units, all 100% affordable. Ready to build nowno entitlement delays. Ideally located near the NoHo Arts District, NoHo West, Universal, Warner Bros, and Disney, with Metro Red & G Line access. Estimated project cost $6.05M, stabilized value $8.66M. Excellent demographics, strong rental demand, and potential property-tax benefits via nonprofit partnership make this an outstanding turnkey investment in one of the Valley's fastest-growing markets.

Listed by Amir Jawaherian

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License #01899893

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The Agency

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818-561-1600

Last updated October 12, 2025

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Source: CRMLS #25601625

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Hollywood North East
  • Bedrooms22
  • Days on Prevu47
  • Size15,935 sqft
  • Price per sqft$91

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$1,450,000
10/23/2025
Status changed to Removed from Feed
$1,450,000
10/04/2025
Listed by The Agency
$1,450,000

Property Details for 12012 Hart Street

Exterior

Construction

  • Number Of Units Total: 22
  • Stories Total: 4
  • Year Built: 1926

Measurements

  • Building Area Total: 15,935
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,013
  • Lot Size Square Feet: 7,013
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $595,368.00

Taxes

  • Parcel Number: 2321011003

Interior

Features

  • Appliances: Refrigerator

Measurements

  • Living Area: 15,935
  • Living Area Source: Plans

Rooms

  • Bathrooms Total Integer: 22
  • Bedrooms Total: 22

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.