Listed by Amir Jawaherian of The Agency
Ready-to-issue (RTI), 100% affordable development opportunity in North Hollywood. 11405 W Archwood St / 6701 N Tujunga Ave is a 6,790 SF corner lot, zoned RD1.5-1, with plans approved for a new 4-story, 22-unit Type V-A apartment building under ED 1 and AB 2345. The project uses AB 2345 base incentives, including unlimited density, no required parking and a 33-foot height increase. It is not an SB 330 project and requires no zone change, variance or general plan amendment.The design delivers approx. 14,513 SF of gross building area: 19 one-bedroom and 3 two-bedroom units, including 1 manager's unit. Features include an elevator, approx. 1,885 SF of rooftop common open space, an on-site laundry room, long-term bike parking and full NFPA-13 fire sprinklers. The project is 100% privately funded, with no tax credits and no public financing, so the buyer controls the capital stack and the timeline.Rents can be underwritten to HACLA Section 8 payment standards for zip code 91606, for projected gross potential rent of approx. $619,000 per year. A welfare property tax exemption under R&TC Section 214 offers additional upside to operating expenses. The site is served by LA Metro Line 165 and LADOT DASH North Hollywood.Architectural, civil and structural plan sets are complete. A buyer steps in with entitlement and plan-check risk behind them and a clear path to construction. Offering memorandum, plans and pro forma available on request. Buyer to verify all information.

Listing Tools (detailViewNewGen)

Property Details of 11405 W Archwood Street

Property Details

Map Location

Based on information submitted to CRMLS as of October 21, 2026 7:23 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to be contacted by House of Seven Gables Real Estate Inc. via call, email, and text for real estate services. To opt-out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Consent is not a condition of purchase. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.