22
See all 22 photos
$975,000
Est. payment /mo
4 Beds
2 Baths
1,725 SqFt
Price Dropped by $100K
11202 Oxnard ST North Hollywood, CA 91606
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,725 sqft
Price per Sqft $565
MLS Listing ID 26665193
Bedrooms 4
HOA Y/N No
Year Built 1950
Lot Size 7,069 Sqft
Property Description
REDUCED! We are pleased to present a prime RTI Development Opportunity in North Hollywood. This corner lot property comes with approved plans to convert the existing duplex into a brand new 3-story triplex plus two detached ADUs, resulting in a five-unit project featuring an attractive unit mix of two 2-bedroom/2-bath units, one 3-bedroom/3-bath unit, and two 4-bedroom/3-bath units, totaling 8,174 sqft. Situated on a flat 7,065 SF RD2-zoned corner lot, the configuration allows for optimal design efficiency and site layout. The property is ideally located approximately one mile from the NOHO Arts District and the NOHO West Shopping Complex, offering convenient access to popular dining, shopping, entertainment, and transportation options. RTI plans are available upon request, allowing a buyer to move forward with development immediately. The completed project is projected to generate approximately $21,000 per month in gross rental income. The property currently consists of a tenant-occupied duplex, though it may be delivered vacant at the close of escrow. No tenant relocation or SB 8 clearance will be required for the approved conversion + addition, creating a streamlined path to construction. Contact listing agent for plans, reports, and additional details!
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD2
Interior
Fireplace No
Exterior
Parking Features Garage
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2337011020
Special Listing Condition Standard
Listed by Daniel Shamooelian Keller Williams Beverly Hills #01984269
Nearby Locations
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