Listing by: Michael Nigosian, Michael Nigosian Realtor, 760-831-9971

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DEVELOPMENT OPPORTUNITY (TOC Tier 1) Existing Single Family home located on a CM-1VL zoned lot with 117 feet of alley access. CM Zone allows for R3 Residential Density and Mixed use development. Buyer...
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2 Beds

1 Bath

776 SqFt

Active

DEVELOPMENT OPPORTUNITY (TOC Tier 1) Existing Single Family home located on a CM-1VL zoned lot with 117 feet of alley access. CM Zone allows for R3 Residential Density and Mixed use development. Buyer to verify potential uses and allowable development opportunities. Potential for 8 units, plus 2 Detached ADU's + 1-4 Attached ADU's. (Opportunity Zone) (State Enterprise Zone) Newer 2016 8 unit apartment building next-door. Located within less than half a mile from the Red Line North Hollywood Station and half a block from the Chandler Blvd Bike Path. Walking distance to the NoHo Arts District. See Private remarks regarding status of home.

Property Details
Price $1,200,000
Bedrooms 2
Full Baths 1
Total Baths 1
Lot Size Area 5581
Lot Size Area Units Square Feet
Acres 0.1281
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 1
Year Built 1947
View None
Lot Description Rectangular Lot,Tear Down
Laundry Features None
Pool features None
Parking Spaces 2
Garage spaces 2
Association Fee 0
Geographic Data
Directions 2 Lots in from the corner of Chandler and Denny
County Los Angeles
Latitude 34.169156
Longitude -118.364875
Market Area NHO - North Hollywood
Address Information
Address 5421 Denny Avenue, North Hollywood, CA 91601
Postal Code 91601
City North Hollywood
State CA
Country United States
Listing Information
Listing Office Michael Nigosian Realtor
Listing Agent Michael Nigosian
Listing Agent Phone 760-831-9971
Buyer Agency Compensation 2.500
Attribution Contact 760-831-9971
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
School Information
District Los Angeles Unified
MLS Information
Days on market 294
MLS Status Active
Listing Date May 25, 2023
Listing Last Modified Dec 20, 2023
Tax ID 2416016009
MLS Area NHO - North Hollywood
MLS # SR23092080

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This information is believed to be accurate, but without any warranty.