6944 Radford AVE Active Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91605
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR23049997
Year Built 1949
Lot Size 8,999 Sqft
Property Description
If it says "ACTIVE" it is "ACTIVE." Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 2 ADUs, one in each two-car garage. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has a reserved parking space, and electric and gas meter. Buy it and start building a new 14,400 Sqft 3-story complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, and Universal Studios, the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joe?s, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an "Eligible Site ED 1" and may be applied to a shelter or 100% Affordable Housing Project on the site.
Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Laundry Room
Exterior
Parking Features Assigned,Asphalt,Door-Single,Driveway,Garage,Garage Faces Side
Garage Spaces 4.0
Garage Description 4.0
Fence Wood,Wrought Iron
Pool None
Community Features Sidewalks,Valley
Utilities Available Electricity Connected,Natural Gas Available,Natural Gas Connected
Roof Type Shingle
Building
Lot Description Corner Lot,Level,Near Public Transit,Walkstreet
Story One
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard