$1,700,000
$1,850,000
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500 SqFt
SOLD DATE : 04/23/2013
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 500 sqft
Price per Sqft $3,400
MLS Listing ID 13655893
Sold Date 04/23/13
HOA Y/N No
Year Built 1918
Property Description
Excellent Multi Family Development Opportunity in the amazing NoHo Arts District. Prime location, 29 units as per city can be built. Any potential use of the subject land are the sole responsibility of the buyer to investigate and verify with various city departments. Zoned R-4. Total land area is 11,748 SF. This is a combined sale of 3APN#'s 2353013002 (11254 Otsego), 2353013001 (11258 Otsego), 2353001008 (11258 1/2 Otsego). Sold for Land Value only.The 3 lots are in direct path of major development. Trendy area w/multiple coffee houses, tons of eateries, new movie theaters, live theaters, dance studios, gyms, creative office space, subway. Academy of TV Arts & Sciences, great walking park, library. 95 Walk Score. Right in the wave of the future to live in urban setting and walk to everything. New 134 unit being built 1 block away. New 300 unit complex being built 1 1/ 2 blcks away. High area rent. Drive by only. Interior showing with accepted offer.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR4
Interior
Fireplace No
Building
Story 1
Others
Senior Community No
Tax ID 2353013002
Special Listing Condition Standard
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Bought with Adi Harari • Adi Harari
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "