5421 Denny Avenue

North Hollywood, CA 91601

About this property

DEVELOPMENT OPPORTUNITY (TOC Tier 1) 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 regarding status of home.

Features and Additional Information

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$1,200,000 Active
2 Beds
1
Bath
776 SQFT

Presented By Country Air Properties

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Get in touch today! Phone: 1-707-263-2620
Brokerage
Michael Nigosian Realtor 760-831-9971
1-760-831-9971
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Area Information

NHO North Hollywood | Los Angeles County |

$ 1,200,000
This listing is play_arrow 1197.3% higher than the average in the area
$ 92,500 in the area
776 SqFt
This listing is play_arrow 29.5% smaller than the average in the area
1,100 SqFt in the area
$ 1,546 $/SqFt
This listing is play_arrow 1686.9% more than the average in the area
$ 87 $/SqFt in the area
328 days on site
This listing is play_arrow 134.3% above the average in the area
140 days on site in the area

Schools in the Area

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Listed By Michael Nigosian
Brokerage: Michael Nigosian Realtor 760-831-9971

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