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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR22256142
Sold Date 05/24/23
Bedrooms 4
HOA Y/N No
Lot Size 7,043 Sqft
Property Description
Price Reduction for this hard to find 4 units in NoHo / Toluca Lake Neighborhood Zoned R3. Price for land value. Build up to 8 units by right, not including density bonus options. Current property consists of all one bedroom and one bath units that are fully occupied with cooperative tenants (please call broker regarding possible tenant relocation). The property is located minutes from NoHo, Universal City, Studio City, Burbank, and Hollywood which includes all the shopping, eateries, nightlife, and vibe these Cities have to offer. Super strong rental market on new construction. Please do not disturb occupants. Drive by only. Zone: R3-1 Lot Size: 7042 Build 8 Units by right (4 under SB1482)
Price Reduction for this hard to find 4 units in NoHo / Toluca Lake Neighborhood Zoned R3. Price for land value. Build up to 8 units by right, not including density bonus options. Current property consists of all one bedroom and one bath units that are fully occupied with cooperative tenants (please call broker regarding possible tenant relocation). The property is located minutes from NoHo, Universal City, Studio City, Burbank, and Hollywood which includes all the shopping, eateries, nightlife, and vibe these Cities have to offer. Super strong rental market on new construction. Please do not disturb occupants. Drive by only. Zone: R3-1 Lot Size: 7042 Build 8 Units by right (4 under SB1482)
Location
State CA
County Los Angeles
Area North Hollywood (91602)
Zoning Assessor
Interior
Appliance Other/Remarks
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $30
Acceptable Financing Cash
Space Rent $850
Listing Terms Cash
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Bought with NON LISTED AGENT • San Diego