$1,498,000 $8,042 est/mo Sourced by Back At You

6944 Radford Avenue,North Hollywood, CA 91605

North Hollywood CA, 91605

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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.

Details

Listing IDSR23049997
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1949
Days On Site419
Listing Provided BySmart Equity Realty Inc 818-867-9233 | Tony Diaz

Features

SQ Feet2,420
Garage4
Story(s)1
Units4
Building(s)1
ZoningLAR3
Acreage0.21

Market Activity 91605

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityNorth Hollywood
Zip Code91605
AreaNHO North Hollywood
Listing VS Median (in 91605)
Price:
$1,498,000
low | high
Med:
$799,000
96.662216288385% of Average
SqFt:
2,420
low | high
Med:
1,064
100% of Average
$ / SqFt:
$619
low | high
Med:
$751
28.686619753657% of Average
On Site:
419
low | high
Med:
34.000000
100% of Average
Sourced by Back At You
Listing Updated: May 9, 2024 at 9:32:33 PM PDT
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