$1,499,900

4908 Tujunga Avenue

North Hollywood CA, 91601

Description

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!

Details

MLS#SR21043766
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2021
Days On Site38

Features

SQ Feet11,000
Units6
Water FrontNo
Property ViewYes
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Area Information
StateCA
CountyLos Angeles
CityNorth Hollywood
Zip Code91601
AreaNHO - North Hollywood
Listing VS Median (in 91601)
Price:
$1,499,900
low | high
Med:
$3,800
100% of Average
SqFt:
11,000
low | high
Med:
1,280
100% of Average
$ / SqFt:
$136
low | high
Med:
$3
100% of Average
On Site:
38
low | high
Med:
8.5
100% of Average
Sourced by Back At You
Listing Updated: April 8, 2021 3:15:22 PM PDT
Poupee Komenkul LogoMLS Number: SR21043766
Listing Provided By:
Poupee Komenkul  of  Rodeo Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.