$1,550,000
$3,750,000
58.7%For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 01/11/2024
Key Details
Sold Price $1,550,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23181433
Sold Date 01/11/24
HOA Y/N No
Lot Size 0.329 Acres
Acres 0.3293
Property Description
North Hollywood, NoHo art district!!.PRICE REDUCED 1000,000.00 FROM ORIGINAL LISTING PRICE!! This opportunity provides an investor/developer with the ability to start construction immediately and take advantage of strong rent growth and positive market momentum in a dynamic North Hollywood, NoHo art district. Please review the attached plans for 31 CONDO residential & 1 CONDO commercial, approved recorded tract map, plus 76parking spaces with the following details: Shovel ready! Building permit, grading and shoring permits are all already paid by seller. 25 units 2-Bedroom/2-Bathroom units with an average unit size of 1187quare feet and 6 units 1-Bedroom /1-Bathroom units with a unit size of 600 square feet. 1 unit condominium commercial unit with 710 sq foot ALL together almost 40,000.00 square foot gross area.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAC4
Interior
Fireplace No
Exterior
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Level
Water Public
New Construction No
Others
Senior Community No
Tax ID 2419008058
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Alfred Tavari • Allstate Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "