$1,498,000 Price Analysis   ♡   North Hollywood, CA 91605 4 bed 3 bath 2,420 SqFt ($619/SqFt) 9,000SqFt lot. Built 1949 Listed 2023-05-08, Taxes $3,286 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
If t says ACTIVE it is ACTIVE.
Attention investors, builders and developers! Four-plex rare opportunity on a corner lot 9, 000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units or you can choose to build 2 ADUs, one in each two-car garage. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has a reserved parking space and electric and gas meter. Buy it and start building a new 14, 400 Sqft 3-story complex with 18 units and 36 bedrooms.
Just minutes from the Bob Burbank Airport, Hollywood and Universal Studios, the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joes, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an Eligible Site ED 1 and may be applied to a shelter or 100% Affordable Housing Project on the site. Eligible projects receive expedited processing, clearances and approvals through the ED 1 Ministerial Approval Process.
Presented by Tony Diaz at
Smart Equity Realty Inc.
Property MLS #SR23049997 from CRMLS
Heating Features: Central
Heating: Yes
Lot Size Acres: 0.2066116
Lot Size Source: Assessor
Lot Size Square Feet: 9000
Parking Features: Parking YN: Yes, Parking Features: Assigned, Driveway, Asphalt, Garage, Garage Faces Side, Garage - Single Door
Parking Total: 10
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1100.00
Area: NHO - North Hollywood
Source Neighborhood: NHO - North Hollywood
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 2321014001
Postal Code Plus 4: 6046
Trash Expense: 2400.00
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $59,534 + $182,012 $241,546 | $3,286 |
| 2021 | $58,367 + $178,444 $236,811 | $3,235 |
| 2020 | $57,769 + $176,615 $234,384 | $3,261 |
| 2019 | $56,637 + $173,152 $229,789 | $3,147 |
| 2018 | $55,527 + $169,757 $225,284 | $3,048 |
| 2017 | $54,439 + $166,429 $220,868 | $2,985 |
| 2016 | $53,372 + $163,166 $216,538 | $2,894 |
| 2015 | $52,571 + $160,716 $213,287 | $2,856 |
| 2014 | $51,542 + $157,568 $209,110 | $2,893 |
| 2013 | $51,310 + $156,856 $208,166 | $2,894 |
| 2012 | $50,304 + $153,781 $204,085 | $2,931 |
| 2010 | $49,318 + $150,766 $200,084 | $2,674 |
| 2009 | $32,602 + $149,996 $182,598 | $2,583 |
| 2009 | $32,524 + $149,640 $182,164 | $2,583 |
| 2008 | $31,963 + $147,055 $179,018 | $2,402 |
| 2007 | $31,337 + $144,172 $175,509 | $2,316 |
$1,498,000
CRMLS
Relisted 2024-04-04
$1,499,000
CRMLS
Listing removed 2024-03-30
$0
CRMLS
Listed 2023-05-08
$1,499,000
CRMLS
Listing removed 2023-03-27
$1,575,000
CRISNET
Price Changed 2023-01-05
$1,575,000
CRISNET
Listed 2022-10-21
$1,600,000
CRISNET
Sold 1999-10-14
$170,000
Public Record
Sold 1995-06-23
$140,000
Public Record
Year Built: 1949
Building Features: 1
Common Walls: 1 Common Wall
Construction Materials: Stucco
Property Age: 75
Property Attached: Yes
Roof: Shingle
Levels or Stories: One
Structure Type: Quadruplex
Year Built Source: Assessor
Electricity Connected
Natural Gas Available
Natural Gas Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.