$1,299,000
For Sale

12045 Hart Street

North Hollywood, CA 91605
4666 sqft | 8 beds | 0.22 acres | #25477547
Listing OfficeKeller Williams Studio City
Browse 57 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,400,000
      • MLS #25477547
      • MLS #25477547
      • Cost1299000
      • Acres0.2169
      • Square Feet4666
      • Year Built1953
      • Bedrooms8
      • Stories2

Location

Gary ElminoufiReal Estate Group
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