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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.
Property Type(s):
Residential Income
| Last Updated | 10/3/2024 | Year Built | 1949 |
|---|---|---|---|
| Community | North Hollywood | Garage Spaces | 4.0 |
| County | Los Angeles |
Price History
| Prior to Apr 15, '24 | $1,499,000 |
|---|---|
| Apr 15, '24 - Today | $1,498,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | North Hollywood |
| CONSTRUCTION | Stucco |
| GARAGE | Asphalt, Assigned, Door-Single, Driveway, Garage, Garage Faces Side, Yes |
| HEAT | Central |
| LOT | 9000 sq ft |
| LOT DESCRIPTION | Corner Lot, Level, Near Public Transit, Walkstreet |
| PARKING | Assigned,Asphalt,Door-Single,Driveway,Garage,Garage Faces Side |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Connected,Natural Gas Available,Natural Gas Connected |
| WATER | Public |
| ZONING | LAR3 |
Location
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Listed with Smart Equity Realty Inc
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