$1,300,000
$1,300,000
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7,043 Sqft Lot
SOLD DATE : 05/24/2023
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR22256142
Sold Date 05/24/23
HOA Y/N No
Year Built 1957
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)
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Heating See Remarks
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Other
Pool None
Community Features Suburban
View Y/N No
View None
Parking Type Other
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2421023018
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Thomas Magiar • KW Advisors
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com