6905 Ben Avenue

North Hollywood, CA 91605

6905 Ben Ave - 7,900 Square Foot Lot. RTI Plans for Five-Unit MFR. Each Unit 4 bed/3 bath. Approximately 1,920 Square Feet. Parking structure on first level, not subterranean. LARD 1.5 North Hollywood is one of the hotspots for apartment development in Los Angeles County. During the last 10 years, over 5,200 units have been delivered. Communities with 35-plus units have been built - or are in the process of being built – near the Metro Red Line Stop. During the past 12 months, over 1,110 units have been delivered, with a 642-unit apartment complex almost completed. The complex also includes retail and office space components. Currently, there are 1,100 submarket units under construction, or about 2.1% of the existing apartment rental inventory. A 127-unit project located at 5401 Lankersheim Blvd. in North Hollywood is set to be delivered in the coming months. Of note, one of the oldest and most prolific real estate developers in the country, is building a 1,500-unit apartment complex with over 100,000 square feet of retail space, almost 600,000 square feet of office space, and over 3,000 parking spaces.

This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.