Doug Puetz

Broker
Keller Williams Calabasas
805-795-4455
Licensed In: CA
License #: 00995378

project is approved. This project is a multi-family development package that is located in the heart of NOHO and is walking distance from the Red and Orange Metro Lines. A 15-unit development site with Permitted Plans and Utility hookups already on site. The project consists of 3 large penthouse loft style 1bed/ 1.5baths, 10 1Bed/ 1Bath lofts, and 2 studios lofts. The project consist of 13 loft style 1bed/1.5 bath and 2 studios lofts. The Property utilizes SB 1818 and AB744 to build by right (15Units/ 9 Parking) 2 are low income units. This project is a 15-unit multi-residential building, 3 stories over 1 story on grade garage & 1 level subterranean garage with a 35% Density Bonus and 2 units (11% of base density of 11 units) for a Very Low Income Household, using parking option AB744. Project is unique in that it is situated in the heart of North Hollywood Redevelopment area as designated by the CRA and within its jurisdiction. Project is approximately 1,000 feet from the North Hollywood subway stop, providing future residents a efficient and viable means of public transportation. Retail shops, restaurants, and grocery stores are also within same approximate distance for true pedestrian infrastructure. Project is architecturally unique not only in its clean modern loft design