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11414 Calvert

North Hollywood, CA 91606

$2,250,000 $9,486/Mo

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Overview

Bed

Bath

31,740

Sqft(Lot)

Description

We are proud to represent this 31,730 sf lot that is zoned R-3. The property is currently an 8 unit apartment building with six unit rented. A developer can enjoy some rental income while getting the building entitled or keep the existing structure and add ADU's to the existing property. This is a rare opportunity to purchase a 31,730 square foot lot. The property was constructed in 1955. Its unit mix consists of (2) studio units, (2) 1+1 units, (3) 2+1 units, and (1) 3+2 unit. With a lot size of 31,730 square feet, the property has a total of 5,224 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.

Property Details

Property Type : ResidentialIncome

Price : $2,250,000

AD Id : 84905621

MLS Id : SR26011032

Beds : 6

Lot Size : 31,740 Sqft

Year Built : 1955

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

Has Heating: Yes Heating: Central

Building Information

Year Built: 1955

Building Area Total: 5224

Pool Features: None

Private Pool: No

Lot Information

Main Square Feet: 31740 Lot Size Acres: 0.7287 Lot Size Source: Assessor Lot Size Square Feet: 31,740 Lot Description: RectangularLot

Listing Price Information

Listing Price: $2250000

Original Price: $4600000

CashToNewLoan

Tax Information

Parcel Number: 2338001008 Tax Lot: 11

Location Information

Direction: Great location in NoHo Rental Pocket WaterSource: Public

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