AMAZING LOCATION, LOCATION, LOCATION! Start Building Modern, Sexy 6 unit Luxury 6 Unit Building in 60 days! Delivered Vacant & Ready To Issue (RTI). Situated at the southern portion of the thriving NoHo Arts District, Right Across The Street from Popular Noho Park, One of The Most Popular Parks/Recreation Center in the South Valley Featuring Outdoor Movies & Food Trucks in the Summer Months! Trendy NoHo Arts District has restaurants, bars, theaters, the Television Academy, WeWork, Metro North Hollywood Station (poised for a MASSIVE redevelopment project), Brand New Whole Foods! Just 2 Blocks to Studio City & Toluca Lake, Minutes Away from Ventura Blvd, 2 Miles From Universal Studios, Warner Bros & Disney and 4 Miles from Hollywood Bowl. Central Location, Close to ALL Freeways! Price Includes Plans for Luxury Building, totaling approximately 11,000 sqft. Each Unit is 3 bedrooms & 3 Baths, Approx. 1350 SQFT Each. SEMI Subterranean Parking Plan is Only 4FT under, NO Shoring Needed - Lower Cost to Build! Based on Current Market Rents, Street Units will rent for $4500 and Back Units will rent for $4000. ! Building will be Worth $5 Million Once Its Built based on 5 CAP. If you Build It, They Will Come!
MLS# | SR21043766 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2021 |
Days On Site | 38 |
SQ Feet | 11,000 |
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Units | 6 |
Water Front | No |
Property View | Yes |
Area Information | |
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State | CA |
County | Los Angeles |
City | North Hollywood |
Zip Code | 91601 |
Area | NHO - North Hollywood |
Listing VS Median (in 91601) | |
Price: $1,499,900 low | high Med: $3,800 SqFt: 11,000 low | high Med: 1,280 $ / SqFt: $136 low | high Med: $3 On Site: 38 low | high Med: 8.5 Sourced by Back At You |