$ 640,000

11218 Tiara Street, North Hollywood, CA 91601  
  • 3 beds
  • 2 baths
  • 1,012 sqft

11218 Tiara Street, North Hollywood, CA 91601  

Great Home & Income opportunity.Large Multi-residential lot, perfect for Families that would like to have rental income on the same lot with their house.. Build up to 3 homes per current Zoning.. developers, investors. Here is your opportunity to build your income property in a highly desirable neighborhood, surrounded by multiple unit properties, in close proximity to the very famous NoHo District. It it is zoned LARD2, close to all major freeways such as, 170, 5, and 101 freeways, the NoHo subway station, markets, Schools, Studios, and the nightlife of NoHo District, off course, with plenty of Theaters, restaurants, Cafes and more. If you are looking for land to develop, this is the place!!. Currently this lot has a Single Family Residence of 1012 square feet (some additions exist such as 2nd bathroom maybe without permit but buyer to verify) Property is sold as is. Prices in NoHo and surrounding areas have been increasing at a very fast pace, what seems to be an overprice property, maybe a bargain in six months; if you have been looking into investing in NoHo, you know this is a true statement. Could build up to 5 units per city, after obtaining high density permits. High income potential even with current LARD 2 zoning, with possibility to build 3 Units at current zoning. Call right now before you loose the opportunity. Buyers to check with city & authorities to do their own due diligence for all details, and building permissions. PRINCIPLE HOLDS BRE LICENSE

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Listing Type
Single Family
Listing ID
House Size
Lot Size
6,970.00 sqft
Listing Status
Year Built
Los Angeles
Full Bath
County School District
Elem: Los Angeles Unified, Middle: Los A
Listing courtesy of Realty One Group Inc
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