Homes for sale - 6944 Radford AVE, North Hollywood, CA 91605

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Alana King

alana@soldbyalanaking.com +1(805) 242-2114

$ 1,498,000

Est. payment | -/mo

8,999 Sqft Lot

Save

$ 1,498,000

Est. payment | -/mo

Save

8,999 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR23049997

HOA Y/N No

Year Built 1949

Lot Size 8,999 Sqft

Property Description

If it says "ACTIVE" it is "ACTIVE." Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 2 ADUs, one in each two-car garage. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has a reserved parking space, and electric and gas meter. Buy it and start building a new 14,400 Sqft 3-story complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, and Universal Studios, the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joe’s, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an "Eligible Site ED 1" and may be applied to a shelter or 100% Affordable Housing Project on the site.
Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Assigned, Asphalt, Door-Single, Driveway, Garage, Garage Faces Side

Garage Spaces 4.0

Garage Description 4.0

Fence Wood, Wrought Iron

Pool None

Community Features Sidewalks, Valley

Utilities Available Electricity Connected, Natural Gas Available, Natural Gas Connected

Roof Type Shingle

Total Parking Spaces 10

Private Pool No

Building

Lot Description Corner Lot, Level, Near Public Transit, Walkstreet

Story One

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2321014001

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Tony Diaz • Smart Equity Realty Inc • 818-826-9938

+1(805) 242-2114

alana@soldbyalanaking.com

Paso Robles, CA, 93446, USA

6944 Radford AVE North Hollywood, CA 91605