208+ UNIT/RETAIL BIG BOX OPPORTUNITY ZONE DEVELOPMENT SITE. 94,875 SF lot ideal for retail value add or multi-family development. Located within Opportunity Zone and TOC Tier II enabling development of 208+ units by right (buyer to verify). Close proximity to Bob Hope Airport, North Hollywood, and Studio City.Tax and density bonus incentives available: -TOC Tier II area -Opportunity Zone -NMTC Qualified Zone. Ideal for multi-family, senior housing, assisted living, and/or retail value add / development. Potential to build 208+ units by right utilizing TOC Tier II density bonus on existing zoning. Upside opportunity through pursuing rezoning of P parcel to C2. ***All Zoning, Development and Tax related information provided herein has been provided by third parties. Buyer to verify all such information and rely solely on its own due diligence.
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