12045 Hart ST Active

North Hollywood,CA 91605

$ 1299000

8 Beds

6 Baths

4666 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,666 sqft

Price per Sqft $278

MLS Listing ID 25477547

Bedrooms 8

HOA Y/N No

Year Built 1953

Lot Size 9,448 Sqft

Property Description

Attention developers! We are pleased to present this amazing value-add opportunity in a great North Hollywood location. The lot allows for up to six ADUs and/or up to 15 new units. Current units are spacious and present a 70% upside in rental income. There is a large parking lot in the rear, there's also parking in the courtyard. This is an exciting opportunity to maximize many underutilized streams of income. Opportunity Zone. TOC Tier 1. The area is adjacent to NoHo Arts District and Burbank. Every way you look, you see strong rental comps and growth.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2321008027

Special Listing Condition Standard

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