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$1,498,000
Est. payment /mo
9,000 Sqft Lot
UPDATED:
09/10/2024 09:58 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR23049997
Originating Board California Regional MLS
Year Built 1949
Lot Size 9,000 Sqft
Property Description
If it says "ACTIVE" it is "ACTIVE." Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 2 ADUs, one in each two-car garage. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has a reserved parking space, and electric and gas meter. Buy it and start building a new 14,400 Sqft 3-story complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, and Universal Studios, the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joe's, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an "Eligible Site ED 1" and may be applied to a shelter or 100% Affordable Housing Project on the site. Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Laundry Room
Exterior
Parking Features Assigned Spaces, Garage, Other
Garage Spaces 10.0
Pool None
Roof Type Shingle
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Others
Tax ID 2321014001
Special Listing Condition Not Applicable
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Listed by Tony Diaz • Smart Equity Realty Inc
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Sharad Gupta
Broker | License ID: 02213637
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