6944 Radford Avenue

North Hollywood, CA 91605

About this property

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 Joes, 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.

Features and Additional Information

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$1,498,000 Active

Presented By Centermac Realty

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Area Information

| Los Angeles County |

$ 1,498,000
This listing is play_arrow 114.0% higher than the average in the area
$ 699,950 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
426 days on site
This listing is play_arrow 24.3% below the average in the area
563 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Tony Diaz
Brokerage: Smart Equity Realty Inc

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