91602 Land for Sale

91602 Land for Sale

Welcome to the vibrant community of 91602, nestled in the heart of Los Angeles County, California! This charming zip code encompasses the picturesque neighborhood of Studio City, known for its lush landscapes, trendy boutiques, and rich entertainment history. With its prime location, 91602 offers residents a perfect blend of suburban tranquility and urban convenience, making it an ideal place to call home.

One of the most exciting opportunities in this area is the availability of land for sale. Whether you’re looking to build your dream home, invest in a lucrative development project, or create a serene retreat, the land options in 91602 are diverse and promising. With its rolling hills, scenic views, and proximity to the bustling city, the land here offers a unique canvas for your vision. Imagine waking up to the gentle sounds of nature while still being just a stone’s throw away from the vibrant life of Hollywood and the San Fernando Valley.

In addition to its stunning natural beauty, 91602 boasts a lively community spirit, with an array of local parks, restaurants, and entertainment venues. The iconic Studio City Farmers Market is a must-visit, offering fresh produce and artisanal goods every Sunday. Plus, with easy access to major freeways and public transportation, commuting to downtown LA or exploring the wider region is a breeze.

Don’t miss out on the chance to invest in land in this dynamic and desirable area. The opportunities are as limitless as your imagination in 91602!

Newest 91602 Land for Sale

4463 Bellflower Avenue, West Toluca Lake
$999,999
BB26165527 MLS ⋅ Active Status
Discover the potential of this spacious 2,495 square foot duplex situated on a 5,250 square foot lot in a desirable cul-de-sac location. Whether you're a first-time buyer looking for a great place to start, an owner-occupant seeking rental income, or an investor searching for your next value-add opportunity, this property offers endless possibilities. The downstairs unit welcomes you with a formal entryway that leads into a comfortable living room featuring a cozy fireplace, creating an inviting space for everyday living and entertaining. This unit also includes 2 bedrooms, 2 bathrooms, and a convenient laundry area. The upstairs unit offers a functional floor plan with 3 bedrooms and 2 bathrooms, providing ample living space for a larger household or strong rental potential. With its generous lot size, versatile layout, and prime cul-de-sac setting, this property is ready for your vision and improvements. Bring your creativity and transform this duplex into a rewarding investment while building instant equity. Conveniently located near local amenities, schools, shopping, and transportation, this is a rare opportunity to fix, save, and create long-term value. Don't miss the chance to make this promising property your next successful investment or place to call home.

4463 Bellflower Avenue, West Toluca Lake
11003 Moorpark Street, Los Angeles
$4,950,000
26860951 MLS ⋅ Active Status
Exceptional multifamily development opportunity in the heart of North Hollywood. This C-2 zoned property offers a prime infill location with convenient access to Studio City, Toluca Lake, major employment centers, dining, shopping, and transit. The site offers compelling development upside, with a prior concept illustrating potential for a 31-unit multifamily project. Whether advancing a similar multifamily concept or exploring an alternative development strategy, this is a rare opportunity to capitalize on one of Los Angeles' most sought-after infill locations and with C-2 zoning there are many possibilities. An outstanding opportunity for developers, investors, and builders seeking a well-located site in one of Los Angeles' most active multifamily markets. Buyer to independently verify all zoning, development potential, density, entitlements, permits, and applicable City of Los Angeles requirements. First photo is a rendering.

11003 Moorpark Street, Los Angeles
4635 Tujunga Avenue, North Hollywood
$2,950,000
26856035 MLS ⋅ Active Status
We are pleased to present 4635-4639 Tujunga Avenue, a fully entitled affordable housing development opportunity located in the highly desirable Studio City / Valley Village corridor of North Hollywood. Situated on a 13,805 square foot site, the property is approved for a 58-unit income-restricted apartment community and qualifies for Tier 3 Section 8 rents. Positioned within a High Resource Area under the TCAC/HCD Opportunity Map and designated as a High Opportunity Area by HUD, the project offers developers meaningful advantages for tax credit scoring while enhancing long-term investment fundamentals. Delivered vacant and fully Ready-to-Issue (RTI), the project allows a developer to commence construction immediately without entitlement risk. All discretionary approvals have been completed, eliminating years of processing time, carrying costs, and approval uncertainty, allowing investors to focus on execution rather than entitlement. The approved plans feature a highly efficient six-story Type III-A building totaling approximately 37,930 square feet of residential area. By utilizing special code provisions that eliminate the need for a costly concrete podium, the design significantly improves construction efficiency and project economics. The thoughtfully designed unit mix consists of 55 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, maximizing efficiency while addressing the strong demand for affordable housing throughout the San Fernando Valley. Ideally positioned at the intersection of Studio City, Valley Village, and Toluca Lake, the property offers immediate access to some of Southern California's largest employment centers, including NBCUniversal, Warner Bros. Studios, Walt Disney Studios, and the broader Burbank Media District. The surrounding neighborhoods are characterized by predominantly higher-income single-family housing with limited affordable inventory, creating sustained demand from employees seeking quality workforce housing in a high-opportunity location. Recent updates to TCAC rent schedules, effective July 1, 2026, further strengthen the investment profile. Schedule IX now permits rents of up to $2,499 for one-bedroom units, while approximately 20% of the project's units designated under Schedule VI are eligible for rents of up to $2,247. These enhanced payment standards narrow the gap between restricted and market rents, improving project underwriting and supporting stronger long-term valuations. Additionally, developers pursuing maximum yield may realize further upside through Section 8 voucher participation. Combined with HACLA's continued support for voucher mobility into high-opportunity neighborhoods, the project offers a compelling opportunity to maximize stabilized income while delivering much-needed affordable housing in one of the Valley's strongest rental markets.

4635 Tujunga Avenue, North Hollywood
4215 Fair Avenue, Studio City
$2,699,000
SR26143613 MLS ⋅ Active Status
Prime Studio City area, Tujunga Village, development opportunity for two legal lots. Approved, subject to final conditions, SB9 plans for 4 units on each lot, total of 8 units. One duplex and two ADUs on EACH lot. Duplex plans are approx. 1,500sqft each and ADUs are approx. 500sqft each. Please call listing agent for more details/information of final conditions.

4215 Fair Avenue, Studio City
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.

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