5444 CAMELLIA Avenue, North Hollywood, CA 91601
- $1,050,000
- 4
- BD
- 2
- BA
- 1,773
- SqFt
List Agent Daniel Shamooelian () 310-651-1800 BRC Advisors- BH; CoList () Courtesy of Selling Office: Non-Participant Office, Subscriber Non - Selling Agent DRE# and Courtesy of Listing Office BRC Advisors- BH, Daniel Shamooelian - Agent DRE#
- Sold Price
- $1,050,000
- List Price
- $1,050,000
- Closing Date
- Oct 25, 2023
- Status
- CLOSED
- MLS#
- 22133839
- Year Built
- 1953
- Bedrooms
- 4
- Bathrooms
- 2
- Living Sq. Ft
- 1,773
- Lot Size
- 6,586
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- One Level
Property Description
We are pleased to present for sale a charming duplex brimming with character located in the highly desirable Noho Arts District of North Hollywood! Each unit is a spacious 2 bedroom/1 bath, with one unit paying $2,850/month and the second paying $1,780/month. Lot size is approximately 6,591 sqft & zoned LARD 1.5, meaning a developer may build 4 units by right. Lot dimensions are approximately 55 by 118 ft. Perfect also for an Owner-User: live in one unit & rent the other out OR rent existing units for income + build 2 brand new units or ADU's in the garage area! Also an excellent candidate for an ED 1 fully affordable housing project: 33 foot height bonus, no parking required, and unlimited density! (Buyer to verify). Great place to park 1031 exchange funds in a superb location. Lots of options with this property. The subject property is situated just steps away from the heart of the Noho Arts District, including all the most popular bars & eateries, restaurants, movie theaters, shopping, and transportation (Noho Red Line/Orange Line Station + Metro!!) Do NOT disturb current tenants. Interior inspection subject to an accepted offer. Buyer to verify all zoning and square footage with LADBS. Do not wait for this opportunity to pass!!
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.