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
Price:
$1,299,000
MLS #:
25477547
Status:
Active
Baths:
0
Address:
12045 Hart Street
Type:
Residential Income
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Jan 6, 2025
State:
CA
ZIP:
91605
Lot Size:
9,449 sqft / 0.22 acres (approx)
Year Built:
1953
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Schools
Interior
Heating
Forced Air
Exterior
Parking Features
Carport
Parking Spots
12.00
Stories Total
2
Financial
Map
Community
- Address12045 Hart Street North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91605
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12045 Hart Street
North Hollywood, CA
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