Welcome to an unparalleled investment opportunity in the heart of North Hollywood! This 918 sqft uninhabitable property sits on a sprawling 15,000 sqft flat lot, making it an ideal canvas for investors and developers alike. With its unbeatable location and limitless potential, this property is a blank slate waiting to transform into something extraordinary. This expansive 15,000 sqft lot offers incredible development possibilities. Imagine the potential of constructing not one, but two spacious 2,700 sqft single-family homes, each equipped with a 1-car garage. There is potential to convert one of the garages into a 4th unit! Additionally, the property's vast footprint allows for the creation of a 1,200 sqft Accessory Dwelling Unit (ADU) at the rear, adding even more value to this investment.
This property represents a golden opportunity to capitalize on the high demand for housing in North Hollywood. Don't miss your chance to shape the future of this prime piece of real estate. Act now and turn this blank canvas into a profitable masterpiece. Contact us today to learn more about this outstanding investment opportunity!
Property Type :
Residential
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Residential
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ByOwner last updated this listing 05/19/2024 @ 03:56
MLS: SR24051744
LISTED BY: Harut Seropian, Vista Pacific Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
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.
