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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 950,000

Est. payment | -/mo

2 Beds

1 Bath

1,418 SqFt

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$ 950,000

Est. payment | -/mo

Save

2 Beds

1 Bath

1,418 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,418 sqft

Price per Sqft $669

MLS Listing ID 26658043

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1939

Lot Size 8,254 Sqft

Property Sub-Type Single Family Residence

Property Description

We are pleased to present for sale an exceptional development opportunity located in the heart of North Hollywood. Situated on a flat 8,252 sq ft lot with generous 75 ft x 110 ft dimensions, this property offers outstanding development potential under RD1.5 zoning. Offered at an attractive land value of approximately $115 per square foot, this site presents compelling economics for builders and investors seeking density in a high-demand rental market. By-right potential for a 5-unit project, plus the ability to add 2 ADUs (buyer to verify), making this an ideal site for investors and builders looking to maximize density in a high-demand rental market. The existing owner occupied single-family home will be delivered vacant, providing immediate flexibility for redevelopment or renovation. Owner-occupied property is expected to clear SB 8 guidelines, presenting a streamlined path for redevelopment. The flat topography further enhances construction feasibility and cost efficiency. Strategically located just minutes from Burbank, the vibrant NoHo Arts District, major studios, transportation corridors, dining, and retail amenities. Whether you're looking to build and hold or develop for resale, this is a rare opportunity to secure a sizable, well-located lot with strong upside potential in one of the Valley's most active growth corridors. Buyer to conduct their own due diligence regarding zoning, density, SB 8 applicability, and development standards. Contact listing agent for more details!

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Private Pool No

Building

Entry Level One

Architectural Style See Remarks

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2414019021

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Daniel Shamooelian Keller Williams Beverly Hills #01984269

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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6254 Cahuenga BLVD North Hollywood, CA 91606