Listing Agent: Max Goltz      Broker/Office: Equity Union
5844 Colfax Avenue North Hollywood CA 91601
$ 1,499,000
  3   |    1   |    1031 Sq Feet

Listing ID

#26834813

Status

Active

Property Type

Single Family Residence

Property Style

Ranch

County

Los Angeles

Year Built

1940

Days on website

3

Description
Property will be delivered RTI (Ready-To-Issue) for a proposed 4-unit development project totaling approximately 4,829 Sq Ft, consisting of (2) 3 Bed + 2.5 Bath units and (2) 2 Bed + 2 Bath ADUs, creating a unique opportunity on this approximately 6,700 Sq Ft RD3-zoned lot near NoHo West. Whether for an investor, developer, or owner-user looking for future upside, the property offers outstanding potential in one of the Valley's fastest-growing neighborhoods.The existing single-story home features 3 bedrooms, 1 bathroom, and approximately 1,031 Sq Ft of living space, providing flexibility for immediate use, rental income, or redevelopment. The expansive backyard offers ample space for entertaining, outdoor enjoyment, or future possibilities.Centrally located, the property is moments from NoHo West, the NoHo Arts District, shopping centers, restaurants, television and movie studios, sound studios, freeway access, the Chandler Bike Path, Orange Line Metro access, parks, and Burbank Airport, offering convenience alongside strong long-term growth potential.
Location
Financial Information
List Price:  $ 1499000
Property Features
Flooring:  Wood
Furnished:  Unfurnished
Heating:  Central
Levels:  One
Property Condition:  Fixer
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  NHO - North Hollywood
City:  North Hollywood
Listed By:   Max Goltz   Equity Union 
Co-listed by
Zohar Daniel  
CA Lic#