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.
SR23092080
Single Family, 1 Story
2
Los Angeles
1 Full
1947
0.1281
Acres
Public
1
Public Sewer
776
Sq. Ft.
Yes
- 2
spaces
School Information
Los Angeles Unified
Bathrooms
1
Total:1
Detailed Room Information
- Bedroom(s)
- Main Level: 2, Total: 2
- Laundry
- None
Interior Features
- Cooling
- Window/Wall Unit
- Common Walls
- No Common Walls
- Entry Location
- Front
- Fireplaces
- None.
- Additional Interior Features
- All Bedrooms Down
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 2 Parking Spaces. 0 Covered Parking Spaces.
- Pool Description
- None
- Zoning
- LACM
- Additional Exterior/Lot Features
- Rectangular Lot,Tear Down.
Financial Considerations
2416016009
Cash, Cash to New Loan, Conventional
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