North Hollywood, CA 91601,10812 Magnolia

$1,550,000

$3,750,000

58.7%
Est.Price: ?

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Est. payment /mo

0.33 Acres Lot


SOLD DATE : 01/11/2024

Key Details

Sold Price $1,550,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR23181433

Sold Date 01/11/24

HOA Y/N No

Lot Size 0.329 Acres

Acres 0.3293

Property Description

North Hollywood, NoHo art district!!.PRICE REDUCED 1000,000.00 FROM ORIGINAL LISTING PRICE!! This opportunity provides an investor/developer with the ability to start construction immediately and take advantage of strong rent growth and positive market momentum in a dynamic North Hollywood, NoHo art district. Please review the attached plans for 31 CONDO residential & 1 CONDO commercial, approved recorded tract map, plus 76parking spaces with the following details: Shovel ready! Building permit, grading and shoring permits are all already paid by seller. 25 units 2-Bedroom/2-Bathroom units with an average unit size of 1187quare feet and 6 units 1-Bedroom /1-Bathroom units with a unit size of 600 square feet. 1 unit condominium commercial unit with 710 sq foot ALL together almost 40,000.00 square foot gross area.
North Hollywood, NoHo art district!!.PRICE REDUCED 1000,000.00 FROM ORIGINAL LISTING PRICE!! This opportunity provides an investor/developer with the ability to start construction immediately and take advantage of strong rent growth and positive market momentum in a dynamic North Hollywood, NoHo art district. Please review the attached plans for 31 CONDO residential & 1 CONDO commercial, approved recorded tract map, plus 76parking spaces with the following details: Shovel ready! Building permit, grading and shoring permits are all already paid by seller. 25 units 2-Bedroom/2-Bathroom units with an average unit size of 1187quare feet and 6 units 1-Bedroom /1-Bathroom units with a unit size of 600 square feet. 1 unit condominium commercial unit with 710 sq foot ALL together almost 40,000.00 square foot gross area.

Location

State CA

County Los Angeles

Area North Hollywood (91601)

Building

Lot Description Sidewalks

Others

Monthly Total Fees $21

Acceptable Financing Exchange

Listing Terms Exchange

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San Diego Regional MLS (SDMLS)
Listed by Alfred Tavari • Allstate Realty
Bought with Alfred Tavari • Allstate Realty
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+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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