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$ 1,295,000
Est. payment | /mo
20 Beds
16 Baths
9,067 SqFt
$ 1,295,000
Est. payment | /mo
20 Beds
16 Baths
9,067 SqFt
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,067 sqft
Price per Sqft $142
MLS Listing ID 24396945
Bedrooms 20
HOA Y/N No
Lot Size 7,331 Sqft
Property Description
RTI DEVELOPMENT OPPORTUNITY! Your next investment awaits--This lot, located in the heart of North Hollywood, is a prime location for a multifamily asset. Approved plans for the future development feature a total of 6 units comprising four 4-bedroom units, one 2-bedroom ADU, and one recreational room that is to be converted to a second 2-bedroom unit after C of O totaling 20 bedrooms, 16 bathrooms, and over 9,000 SF of building area. The 4-bedroom floor plans boast over 1,700 SF and will come with either 3 or 4 bathrooms; each will come with a private 2-car garage and a private rooftop deck. Currently on the lot stands a VACANT 1,561 SF 3-bedroom, 1-bathroom single family house and a 622 SF detached garage. Located amidst the North Hollywood Arts District, LA Metro Bus and Train connection hubs, schools, parks, dining, and nightlife this community has all that city savvy renters are vying for.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Garage Door-Multi, Garage
Garage Spaces 8.0
Garage Description 8.0
Total Parking Spaces 8
Building
Story 3
Entry Level Multi/Split
Architectural Style Modern
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2337036018
Special Listing Condition Standard
Listed by Yohann Bensimon • Keller Williams Hollywood Hills