Property Description

11672 Erwin St – North Hollywood (Just off Lankershim Blvd | Prime NoHo Location)
• 2 bed / 1 bath SFR 1,080 sq ft
• Lot size: 4,380 sq ft (approx. 50′ × 87.6′)
• Zoning: R3-1 (multi-family zoning)
• TOC Tier 1 area — qualifies for density and height incentives
• Built 1951

I see two options with the property.
(1) FIX AND FLIP
(2) Develop R3 Lot (use the contiguos Lot which is identical Lot to the subject – 11682 Erwin st

Location:
• Sits just off Lankershim Blvd
• Minutes to NoHo Arts District, Metro stations, studios, parks, dining and retail.
• Quiet residential street with strong rental and development demand.

• The contiguous lot next door just sold for $825,000, (9/12/25)

.• The contiguous lot on the other side(identical Lot) has recently been developed with a 3-story build (SFR + ADU) already completed. A great example of what can be replicated here.