5421 Denny Avenue, North Hollywood, CA 91601

$1,200,000
2
BD
1
BA
776
SqFt

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List Agent Michael Nigosian () Michael Nigosian Realtor; CoList ()

List Price
$1,200,000
Status
ACTIVE UNDER CONTRACT
MLS#
SR23092080
Year Built
1947
Bedrooms
2
Bathrooms
1
Living Sq. Ft
776
Lot Size
5,581
Lot Location
Rectangular Lot, Tear Down
Days on Market
1156
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

DEVELOPMENT OPPORTUNITY (TOC Tier 1) Eligible for 100% Affordable ED1 Projects. 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 on status of the House.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified

Mortgage Calculator

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Calculator source: Real Geeks

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.