We are pleased to present Magnolia & Harmony, a premier shovel ready multifamily development opportunity located in the highly sought after NoHo Arts District in prime North Hollywood, CA. This unique development opportunity is currently comprised of two office buildings and a vacant lot positioned on 16,399 total square feet of land zoned LAC4-1-CA. The site is also located in a Qualified Opportunity Zone, yielding major long term tax benefits for a potential buyer / developer. The owner has received full entitlements, permits issued and paid. This rare opportunity allows for a new developer to acquire, obtain construction financing and build while saving approximately 2 - 3 years of time.
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