$1,450,000
Attention all developers, builders, and investors...amazing development opportunity awaits this one bordering North Hollywood and Toluca Lake...a single level family home sits on this spacious 7580 sqft flat lot. Currently the home on site is two bedrooms, one and three quarter baths and 1226 sqft of living area. Seller has plans to build 11 units of which one will be a permitted ADU as well. Plans call for 3 levels with a great mixture of one and two bedroom units of which one of the large two bedroom units may be converted into a three bedroom unit. Property is zoned LARD1.5. Great street, location, and neighborhood. Being sold for land value only! Do not disturb the tenants on site...DRIVE BY ONLY!! Entry will be granted with an accepted offer. Motivated seller.
Listed by Peter Miller with Equity Union (818) 989-2000
Property Type
Single Family Residence
Status
Active
MLS Number
SR26053436
Year Built
1940
Lot Size
7,579 sq ft
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