5444 Camellia Avenue, North Hollywood (los Angeles), CA 91601

• 6,587 sqft

Property Description

KW Commercial is proud to present an exceptional ready-to-issue (RTI) 46-unit, 100% affordable housing ED 1 development opportunity located in the heart of North Hollywood's vibrant NOHO Arts District! Situated on a 6,591 sq. ft. corner lot, this 5-story apartment project is thoughtfully designed for maximum efficiency and minimal construction complexity. The unit mix includes 2 two-bedroom units, 27 one-bedroom units, and 16 studios, offering approximately 19,925 sq. ft. of rentable space. Located less than half a mile from the NOHO Metro Red Line Station, residents will enjoy easy access to public transportation and the abundance of shopping, dining, and entertainment that make the NOHO Arts District one of Los Angeles' most desirable neighborhoods. With a Walk Score of 87 and a Bike Score of 74, the property promises high tenant demand and stable occupancy for years to come. This 100% affordable housing community includes: 2 units reserved for very low-income households ( 50% AMI), 34 units reserved for low-income households ( 80% AMI), 8 units reserved for moderate-income households ( 110% AMI), and 1 market-rate manager's unit. Rents for the very low-and moderate-income units follow HCD Schedule VI, while the low-income units align with TCAC Schedule IX. Additionally, the pr

Listing Status:

Active

Date Added:

October 22, 2025 at 05:00AM

Listing Office:

Keller Williams Beverly Hills : 310-432-6400

Listing Agent:

Daniel Shamooelian : 310-651-1800

MLS ID:

CL25607381

Location

• County: Los Angeles

Lot

• Zoning: LARD2350009047
• View: None

This listing courtesy of Daniel Shamooelian, Keller Williams Beverly Hills