Listing Agent: Ramin Favakehi      Broker/Office: Ramin Favakehi, Broker
5315 Riverton Avenue North Hollywood CA 91601
$ 1,598,888
  3   |    3   |    1645 Sq Feet

Listing ID

#OC26154248

Status

Active

Property Type

Duplex

County

Los Angeles

Year Built

1935

Days on website

2

Description
Prime North Hollywood development opportunity on an approximately 10,805 SF R3-1VL lot with approved plans for a 27-unit residential project consisting of 22 apartment units and 5 ADUs. The proposed development includes a five-story building with subterranean parking, approximately 31,622 SF of gross building area, and 23 on-site parking spaces. The property is currently improved with two residential structures and a detached garage/storage building. Located within a Tier 3 Transit Oriented Communities (TOC) area. Buyer to verify all zoning, approvals, permits, development standards, TOC incentives, square footage, and all information with the City of Los Angeles.
Buyer is advised to independently verify all zoning, approvals, permits, development potential, square footage, TOC incentives, affordable housing requirements, and all other information with the City of Los Angeles and applicable agencies.
Location
Financial Information
List Price:  $ 1598888
Property Features
Community Features:  Curbs
High School District:  Los Angeles Unified
Levels:  One
Senior Community YN:  false
Structure Type:  Duplex
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  NHO - North Hollywood
City:  North Hollywood
Listed By:   Ramin Favakehi   Ramin Favakehi, Broker 
CA Lic#