11837 Hart ST new

North Hollywood,CA 91605

$ 799000

3 Beds

1 Bath

984 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 984 sqft

Price per Sqft $811

MLS Listing ID 25550981

Bedrooms 3

Year Built 1949

Lot Size 6,451 Sqft

Property Description

Amazing opportunity in North Hollywood. Property has an existing SFR and plans for 5 additional units to be built on the property. The new units are residential construction, keeping building cost to a minimum. Property value is estimated to be over $2.2m once complete at a true 6.5% cap rate. Property is available to be purchased together with the neighboring property for an assemblage of close to 13,000 sf of land, zoned R3-1

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Carport

Building

Story 1

New Construction No

Others

Special Listing Condition Standard

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