This is an amazing opportunity for an investor/developer. There is an existing single family residence on the site at this time. However, this primarily a land value sale. It will not qualify for conventional financing. This need to be a cash or hard money sale. We have the SR8 CLEARANCE LETTER IN HAND. Apparently (5) units or townhomes can be built with no SB8 restrictions: no rent control, tenant restrictions or affordable housing requirements. DO YOUR DO DILIGENCE AND CONFIRM THIS INFORMATION FOR YOURSELF. This is an up and coming area convenient to NOHO and all supporting facilities.
Location
Financial Information
List Price:$ 825000
Property Features
Community Features:Sidewalks, Suburban
High School District:Los Angeles Unified
Levels:One
Lot Features:Level
Parking Features:Driveway
Property Condition:Fixer
Road Surface Type:Paved
Roof:Composition
Senior Community YN:false
Structure Type:House
Water Source:Public
High School District:Los Angeles Unified
MLS Area Major:NHO - North Hollywood
City:North Hollywood
Senior Community YN:false
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Listed By:
Michael Tagliere
Legacy Street Real Estate
CA Lic#
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