MAJOR REDUCTION!! A re development opportunity in prime North Hollywood. Boasting 8,181 SF of land with 50 by 164 Dimensions. This RD1.5 Tier 2 TOC lot present an incredible Opportunity Zone Re -Development just South of North Hollywood Art District. The property features a vacant duplex. Utilize the duplex for conventional financing, while renting it out short term while designing the perfect project with the new rules allowing you to maximize what can be built on site, or focus on market rate units with some low income offerings, adding ADUs and blending into the neighborhood! Just north of the NoHo Arts District, with easy access to the Airport and the concentration of jobs in the area, the 170 freeway, the new NoHo West, markets, nightlife and just about anything that your future tenants may be looking for, the area has seen a tremendous rebirth over the last two decades.