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Key Details
Sold Price $1,250,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,561 sqft
Price per Sqft $800
MLS Listing ID 24396973
Bedrooms 3
Full Baths 1
Year Built 1922
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. Currently on the lot stands a VACANT 1,561 SF 3-bedroom, 1-bathroom single family house and a 622 SF detached garage. 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. 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
Rooms
Other Rooms Shed(s)
Interior
Fireplaces Type None
Laundry See Remarks
Exterior
Parking Features Driveway
Pool None
View Y/N No
View None
Building
Story 1
New Construction No
Others
Special Listing Condition Standard
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Bought with Vahan Galoustian • Coldwell Banker Hallmark
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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