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Listed by Cindy Hill, DRE #00885625 • Equity Union
$ 2,900,000
Est. payment /mo
Price Dropped by $495K
11414 Calvert North Hollywood, CA 91606
0.73 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26011032
Year Built 1955
Lot Size 0.729 Acres
Source California Regional MLS
Property Description
We are proud to represent this 31,730 sf lot that is zoned R-3. The property is currently an 8 unit apartment building with six unit rented. A developer can enjoy some rental income while getting the building entitled or keep the existing structure and add ADU's to the existing property. This is a rare opportunity to purchase a 31,730 square foot lot. The property was constructed in 1955. Its unit mix consists of (2) studio units, (2) 1+1 units, (3) 2+1 units, and (1) 3+2 unit. With a lot size of 31,730 square feet, the property has a total of 5,224 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Heating Central Forced Air
Laundry Community Facility
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 2338001008
Special Listing Condition Not Applicable
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