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$ 1,200,000
Est. payment /mo
Price Dropped by $99K
12045 Hart ST North Hollywood, CA 91605
8 Beds
6 Baths
4,666 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,666 sqft
Price per Sqft $257
MLS Listing ID 25477547
Bedrooms 8
HOA Y/N No
Year Built 1953
Lot Size 9,448 Sqft
Property Description
Attention developers! We are proud to offer this 6-unit value add building on a large lot with development potential. Its size and location are remarkable. There is an opportunity to build a new building with 15+ units. Furthermore, the R3 TOC Tier 1 lot allows for multiple ADUs in the rear. It is a nice rental pocket, adjacent to Laurel Canyon Blvd and a few minutes to NoHo Arts District. The area has transformed into a soft urban lifestyle with a ton of culture, modern amenities and trendy restaurants. The property has been owned by the same family since 1988. All units are clean and spacious with plenty of parking. The market is shifting, the culture is shifting, the need for housing units is shifting and this asset presents serious flow opportunities for the current generation of housing providers!
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning R3 TOC Tier 1
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Carport
Total Parking Spaces 12
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2321008027
Special Listing Condition Standard
Listed by Andrea Lamberger • Keller Williams Studio City