12045 Hart Street Active Save Request In-Person Tour Request Virtual Tour
North Hollywood (los Angeles),CA 91605
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,666 sqft
Price per Sqft $278
MLS Listing ID CL25477547
HOA Y/N No
Year Built 1953
Lot Size 9,449 Sqft
Acres 0.22
Property Sub-Type Other
Property Description
Attention developers! We are pleased to present this amazing value-add opportunity in a great North Hollywood location. The lot allows for up to six ADUs and/or up to 15 new units. Current units are spacious and present a 70% upside in rental income. There is a large parking lot in the rear, there's also parking in the courtyard. This is an exciting opportunity to maximize many underutilized streams of income. Opportunity Zone. TOC Tier 1. The area is adjacent to NoHo Arts District and Burbank. Every way you look, you see strong rental comps and growth.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Forced Air
Fireplace No
Building
New Construction No
Others
Tax ID 2321008027