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$ 1,299,000
Est. payment | /mo
8 Beds
6 Baths
4,666 SqFt
$ 1,299,000
Est. payment | /mo
8 Beds
6 Baths
4,666 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
Listed by Andrea Lamberger • Keller Williams Studio City
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "