Property Description

Amazing opportunity in North Hollywood. Property has an existing SFR and plans for 5 additional units to be built on the property. The new units are residential construction, keeping building cost to a minimum. Property value is estimated to be over $2.2m once complete at a true 6.5% cap rate. Property is available to be purchased together with the neighboring property for an assemblage of close to 13,000 sf of land, zoned R3-1

ESSENTIAL INFO

• Status: Active