Description
DEVELOPMENT OPPORTUNITY (TOC Tier 1) Existing Single Family home located on a CM-1VL zoned lot with 117 feet of alley access. CM Zone allows for R3 Residential Density and Mixed use development. Buyer to verify potential uses and allowable development opportunities. Potential for 8 units, plus 2 Detached ADU's + 1-4 Attached ADU's. (Opportunity Zone) (State Enterprise Zone) Newer 2016 8 unit apartment building next-door. Located within less than half a mile from the Red Line North Hollywood Station and half a block from the Chandler Blvd Bike Path. Walking distance to the NoHo Arts District. See Private remarks regarding status of home.
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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 29th November, 2023 3:22 PM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 29th November, 2023 3:22 PM (UTC)
Listing Agent: Michael Nigosian
Listing Office: Michael Nigosian Realtor
