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Michael Nigosian
Michael Nigosian Realtor
760-831-9971
DEVELOPMENT OPPORTUNITY (TOC Tier 1) Existing Single Family home located on a CM-1VL zoned lot with 117 feet of alley access. CM Zone allows for R3 Residential Density and Mixed use development. Buyer to verify potential uses and allowable development opportunities. Potential for 8 units, plus 2 Detached ADU's + 1-4 Attached ADU's. (Opportunity Zone) (State Enterprise Zone) Newer 2016 8 unit apartment building next-door. Located within less than half a mile from the Red Line North Hollywood Station and half a block from the Chandler Blvd Bike Path. Walking distance to the NoHo Arts District. See Private remarks regarding status of home.
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Total Bedrooms : 2
Total Baths: 1
Full Baths: 1
Water Source : Public
Sewer : Public Sewer
Interior Features: All Bedrooms Down
Fireplace: None
Wall/Window Unit(s)
Air Conditioning
Fireplace Features: None
Has Fireplace: 0
Year Built: 1947
None
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1281
Lot Size Source: Assessor
Lot Size Square Feet: 5581
Original List Price: 1,200,000
Listing Contract Date: 2023-05-25
Listing Agreement: Exclusive Right To Sell
Parcel Number: 2416016009
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: NHO - North Hollywood
Postal Code Plus 4: 2810
Directions: 2 Lots in from the corner of Chandler and Denny
Zoning: LACM
Source Property Type: Residential
Area: NHO - North Hollywood
Property SubType: Single Family Residence
Property Age: 77
Common Walls: No Common Walls
Structure Type: Single Family Residence
Year Built Source: Assessor
Total Square Feet Living: 776
Entry Level: 1
Entry Location: Front
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
10835 Magnolia Boulevard, North Hollywood, CA,91601 | $3,500,000 | -- | -- | 3,200 | 5510 Sqft |
5620 Cartwright Avenue, North Hollywood, CA,91601 | $1,100,000 | 5 | 4 | 2,408 | 8871 Sqft |
5739 N Canvas Court, North Hollywood, CA,91601 | $1,020,000 | 3 | 3 | 1,912 | 1114 Sqft |
5731 N Canvas Court, North Hollywood, CA,91601 | $1,149,000 | 3 | 3 | 1,891 | 1617 Sqft |
11304 Tiara, North Hollywood, CA,91601 | $1,595,000 | 5 | 2.5 | 4,117 | 7001 Sqft |
5735 N Canvas Court, North Hollywood, CA,91601 | $999,000 | 3 | 3 | 1,912 | 1114 Sqft |
5611 Fulcher Avenue, North Hollywood, CA,91601 | $4,600,000 | 23 | -- | 12,598 | 14030 Sqft |
4825 Craner Avenue, North Hollywood, CA,91601 | $1,025,000 | 3 | 3 | 1,681 | 933 Sqft |
5617 Denny Avenue, North Hollywood, CA,91601 | $1,349,800 | 5 | 4 | 1,802 | 7430 Sqft |
5535 Elmer Avenue, North Hollywood, CA,91601 | $1,565,000 | 2 | 1 | 1,014 | 7257 Sqft |
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ByOwner last updated this listing 05/05/2024 @ 19:55
MLS: SR23092080
LISTED BY: Michael Nigosian, Michael Nigosian Realtor
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.