/// CASE STUDY
A 676 square foot North Hollywood house sold for $845,000 because of its zoning
THE SHORT VERSION
11232 Tiara St in North Hollywood closed on January 16, 2026 at $845,000. The house was built in 1927 on RD2 land, and the buyer priced the land, not the house. That is about $1,250 a foot, a silly number for a bungalow and a fair one for an RD2 lot.
| Address | 11232 Tiara St, North Hollywood, CA 91601 |
|---|---|
| Building size | 676 sq ft |
| Built | 1927 |
| Closed at | $845,000 |
| Closed on | January 16, 2026 |
What RD2 allows.
RD2 is a city zone that allows about one home for every 2,000 square feet of lot. When a lot can hold several homes, the small house standing on it today has little to do with the price.
Closed by Shaya Lowenstein, CA DRE #01942326. The address, size and closing figures are from the closed-sales record on this site and can be checked against the Los Angeles County recorder.
/// SOURCES
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/// THE RULES BEHIND THIS DEAL