11209 La Maida $1,000,000

Located adjacent to the NoHo Arts District, 11209 La Maida Street presents a rare opportunity for investors, developers, and builders seeking their next project. Situated on an R3-1VL Multiple Dwelling zoned lot, this property offers significant redevelopment potential in one of the San Fernando Valley's most active and rapidly transforming neighborhoods. The property currently has a 1,402-square-foot home featuring 2 bedrooms, 1.5 bathrooms, a formal dining room, an interior laundry area, and a detached garage. Surrounded by established multi-family properties and benefiting from its proximity to the NoHo Arts District, transit, dining, and entertainment, the site is well-positioned to capitalize on the area's continued growth and strong demand for new housing. The property's R3-1VL zoning offers an outstanding opportunity for buyers to unlock its full investment potential. Offered in its present "as-is" condition. Seller will not make any repairs to property. Buyers are encouraged to conduct their own independent investigations regarding zoning, density, and applicable development standards to determine the property's maximum development potential.

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