11304 Burbank BLVD North Hollywood, CA 91601

Motivated Seller. Seller Financing may be an option. Incredible development opportunity, this sale includes the neighboring lot located at 11306 Burbank Blvd. Both lots, which total 7024 sq. feet, are zoned Commercial and Residential. Perfect for a builder/developer to tear down the two existing structures and build a new structure with commercial space on the ground floor and residential units above. Excellent location (2 blocks to Red Line Metro station) in an area that is experiencing tremendous development of numerous multifamily properties as well as new restaurants and shopping. The existing structures could also be renovated and used as commercial space (including possible retail cannabis/marijuana outlet), or even turned into a parking lot while you develop plans. Buyer is advised to consult with all appropriate authorities and advisors as to any potential use, development options and/or restrictions.