12801 Barbara Ann St North Hollywood, CA 91605
Property details
About 12801 Barbara Ann St
We are pleased to present an affordable housing development opportunity at 12801 Barbara Ann St. Located just south of Sherman Way in the Valley Glen neighborhood of North Hollywood. The 9,433 SF lot will be delivered fully entitled for 45 income-restricted housing units with no parking required. The project's central Valley location and proximity to major employment hubs and the Hollywood Burbank Airport are prime for a high velocity workforce housing lease up strategy, allowing a mission driven developer the opportunity to support the missing middle segment given the project's discount to surrounding market rents. Plans call for an efficient five story project, utilizing an all-wood Type IIIA construction. The lot currently consists of a single-family residence that will be delivered vacant at the close of escrow, allowing a developer to break ground immediately. The finished project totals 28,774 SF and has a desirable unit mix of one single (386 SF), 43 one-bedrooms (434-455 SF), and one three-bedroom (903 SF), allowing a developer to collect rents above $5 per SF. The lot is offered at a low $40,000 per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. The project also offers the unique opportunity to purchase an ED-1 project in a qualified opportunity zone, taking advantage of potential tax benefits including potential elimination of capital gains tax, greatly enhancing project returns. The project is located just west of the 170 Freeway accessible via Sherman Way and provides convenient access to most major neighborhoods throughout the Valley. The central location allows for an easy commute to nearby neighborhoods such as Sherman Oaks, Studio City, Panorama City, and Sun Valley, among others; the site is also walking distance to three metro local line bus stops on Sherman Way. Located in a densely populated, infill submarket of Los Angeles, the project benefits from retail amenities along Sherman Way & Coldwater Canyon Ave. The project is in close proximity to schools within a half mile, including James Madison Middle School and Coldwater Canyon Ave Elementary School.
Highlights
Summary
- MLS Number: 25488293
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (310) 909-5500
- Listing Agent: Neema Ahadian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,800,000
12801 Barbara Ann St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 18, 2023 | Home Sold | $1,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,000,000 | $12,357 |
| 2023 | $209,049 | $2,867 |
| 2022 | $204,951 | $2,743 |
| 2021 | $200,934 | $2,704 |
| 2020 | $198,874 | $2,629 |
| 2019 | $194,976 | $2,485 |
| 2018 | $191,154 | $2,431 |
| 2017 | $187,407 | $2,431 |
History based on county public records data.
Nearby schools
4
Coldwater Canyon Elementary School
Public District KG-5
0.4 mi
•6850 Coldwater Canyon Ave
6
Bellingham Elementary
Public District KG-5
0.9 mi
•6728 Bellingham Ave
5
Saticoy Elementary
Public District KG-5
0.9 mi
•7850 Ethel Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,639. Most North Hollywood, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Boston Market
Jack In The Box
What do the neighbors drive?
Dodge
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Frequently asked questions
About 12801 Barbara Ann St
This home is located at 12801 Barbara Ann St in North Hollywood, CA and zip code 91605 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $1,800,000.
While more than 294 listings in North Hollywood, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. The number of listings in North Hollywood, CA increased by 20.1% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.