$1,450,000
About this home
Attention all developers, builders, and investors...amazing development opportunity awaits this one bordering North Hollywood and Toluca Lake...a single level family home sits on this spacious 7580 sqft flat lot. Currently the home on site is two bedrooms, one and three quarter baths and 1226 sqft of living area. Seller has plans to build 11 units of which one will be a permitted ADU as well. Plans call for 3 levels with a great mixture of one and two bedroom units of which one of the large two bedroom units may be converted into a three bedroom unit. Property is zoned LARD1.5. Great street, location, and neighborhood. Being sold for land value only! Do not disturb the tenants on site...DRIVE BY ONLY!! Entry will be granted with an accepted offer. Motivated seller.
Facts & features
- Bedrooms
- 2
- Bathrooms
- 1 full, 0 half
- Living area
- 1,226 sq ft
- Interior features
- Bedroom On Main Level
- Flooring
- Carpet, Laminate
- Fireplace
- None
- Heating
- Floor Furnace
- Cooling
- Wall Window Units
- Laundry
- Outside
- Levels
- One
- Spa
- None
- Lot size
- 0.174 acres (7,580 sq ft)
- Pool
- None
- Architectural style
- Ranch
- Year built
- 1940
- Parking
- Driveway
- Parking spaces
- 1
- Area
- NHO - North Hollywood
- County
- Los Angeles
- Community features
- Gutters, Street Lights
- Status
- Active
- Property type
- Single Family Residence
- Days on market
- 6
- Listed
- 2026-03-11
- Terms
- Cash, Cash To New Loan
- Parcel #
- 2322016021
- MLS #
- SR26053436