11202 Oxnard Street, North Hollywood (los Angeles), CA 91606
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11202 Oxnard Street, North Hollywood (los Angeles), CA 91606
11202 Oxnard Street, North Hollywood (los Angeles), CA 91606
11202 Oxnard Street, North Hollywood (los Angeles), CA 91606
11202 Oxnard Street, North Hollywood (los Angeles), CA 91606
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$ 925,000
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11202 Oxnard Street North Hollywood (los Angeles), CA 91606

2 Beds

1,725 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 1,725 sqft

Price per Sqft $536

MLS Listing ID CL26665193

Bedrooms 2

HOA Y/N No

Year Built 1950

Lot Size 7,068 Sqft

Acres 0.16

Property Sub-Type OTHER

Property Description

NEW PRICE! RTI 5-UNIT DEVELOPMENT OPPORTUNITY IN NORTH HOLLYWOOD! We are pleased to present a prime development opportunity featuring approved plans to convert the existing duplex into a brand-new 3-story triplex plus two detached ADUs, resulting in a five-unit project totaling approximately 8,174 SF. The approved unit mix consists of two 2-bedroom/2-bath units, one 3-bedroom/3-bath unit, and two 4-bedroom/3-bath units. Situated on a flat 7,065 SF RD2-zoned corner lot, the property offers an attractive development opportunity approximately one mile from the NOHO Arts District and NOHO West, with convenient access to dining, shopping, entertainment and transportation. The existing duplex is currently tenant occupied and will be delivered with the tenants in place. Each unit currently pays approximately $1,600/month ($3,200/month total). RTI plans are available upon request, allowing a buyer to acquire an already-entitled project and determine the timing of redevelopment. Upon completion, the five-unit project is projected to generate approximately $21,000/month in gross rental income (buyer to verify). Now offered at $925,000. Contact listing agent for approved plans, reports and additional details.

Location

State CA

County Los Angeles

Zoning LARD2

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 2337011020


Bridge MLS
Listed by Daniel Shamooelian • Keller Williams Beverly Hills
Coleen Ducut-Encarnacion
Coleen Ducut-Encarnacion

Realtor® CA DRE # 02223524

+1(415) 602-3294 | bayareahomemaven@gmail.com

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11202 Oxnard Street