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37-Unit Multifamily Development Land
For Sale
Contact for pricing
Pending

11722 Archwood St, Los Angeles, CA 91606

Land LAR3-zoned with a proposed 37-unit apartment complex plan and on-grade parking.

Property SizeContact for details
Lot Size0.42 Acres
Days on Market118

Property Features for 11722 Archwood St

General Information

Standard status Pending
Lot size 0.42 Acres
Property subtype Land
Zoning LAR3

Additional Details

Opportunity Zone Yes
Multifamily Units 37
Listing Agency: Coldwell Banker Commercial NRT Beverly Hills
Listed By: Katya Bakalinskaya · License #CA 01924610
Source: Crexi
Added: Apr 14 Changed: Aug 8 Last Checked: Apr 14 at 12:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial NRT Beverly Hills

Investment Insights

Based on property information with market context.

This development parcel is presented as a luxury apartment complex proposal totaling 37 units, consisting of 32 two-bedroom units and 5 studio units. The plan includes a courtyard, lobby, gymnasium, library, and a managers office, with on-grade parking. The offering notes that permits are ready to issue and specifies the project is located in an Opportunity Zone, with no rent control. The proposal also designates 5 units for low-income households.

Located at 11722 Archwood St in Los Angeles, CA 91606, the site is described as being in the NoHo area, minutes from the NoHo Art District and NOHO West.

The combined lots are stated as 18,200, and the property is identified as LAR3 zoned. Seller financing is indicated as available, including 50% LTV at a 2% cost for 3 years, with a stated rate of 8.5%.

Key Highlights

  • Proposed 37‑unit apartment complex (32 two‑bedroom units and 5 studio units) in an Opportunity Zone
  • LAR3‑zoned property with 18,200 combined lot size and on‑grade parking proposed
  • Design includes courtyard, lobby, gymnasium, library, and managers office

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

37
Residential units

Location Intelligence

Trade Area within ½ mile

1,663
Businesses Nearby

Demographics for 91606, CA

43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land LAR3-zoned with a proposed 37-unit apartment complex plan and on-grade parking.
Where is this residential land & home lot located?
The property is located at 11722 Archwood St Los Angeles, CA.
What are key features of this property?
This property features: Proposed 37‑unit apartment complex (32 two‑bedroom units and 5 studio units) in an Opportunity Zone; LAR3‑zoned property with 18,200 combined lot size and on‑grade parking proposed; Design includes courtyard, lobby, gymnasium, library, and managers office
More about this property
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