10701 Burbank Boulevard

    North Hollywood, CA 91601
    • $1,590,000
    • STATUS: Active
    • ON SITE: 160 days
    • ID#: SR18158479
    UPDATED: 29 min ago
    $1,590,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,737
      SQFT
    • $581
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1951
    County:

    School Ratings & Info

    Description

    NOHO DEVELOPMENT SITE!10701 Burbank Boulevard offers a unique opportunity for developers or retail investors to acquire a highly visible, well-located parcel in booming North Hollywood. Savvy multifamily developers should consider the possibility of constructing a 12-unit building on this corner lot. (Buyers to confirm with city.) The 5,898 SF lot with C2/R4 zoning is located in the midst of all that NoHo has to offer. This property can also be considered in Tier 1 (TOC) in which number of units can be increased significantly, or a possibility of a mixed use project. Buyers are responsible for confirming with the city all permitted uses, code requirements and limitations.Likewise, retail owner-users or investors should consider continued use as a highly-visible storefront on one of North Hollywood+GGs busy surface streets. The property can be delivered vacant. Currently improved with 2,737 SF of buildings (retail plus 1+1 residential) the property offers a variety of potential uses.Buyers are responsible for confirming all permitted code, use and development potential with the city of Los Angeles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T12:28:33.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/85248459

    10701 Burbank Boulevard North Hollywood, CA 91601

    • Price: $1,590,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: SR18158479
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,737
    SQFT
    $581
    $/SQFT
    1951
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    NOHO DEVELOPMENT SITE!10701 Burbank Boulevard offers a unique opportunity for developers or retail investors to acquire a highly visible, well-located parcel in booming North Hollywood. Savvy multifamily developers should consider the possibility of constructing a 12-unit building on this corner lot. (Buyers to confirm with city.) The 5,898 SF lot with C2/R4 zoning is located in the midst of all that NoHo has to offer. This property can also be considered in Tier 1 (TOC) in which number of units can be increased significantly, or a possibility of a mixed use project. Buyers are responsible for confirming with the city all permitted uses, code requirements and limitations.Likewise, retail owner-users or investors should consider continued use as a highly-visible storefront on one of North Hollywood+GGs busy surface streets. The property can be delivered vacant. Currently improved with 2,737 SF of buildings (retail plus 1+1 residential) the property offers a variety of potential uses.Buyers are responsible for confirming all permitted code, use and development potential with the city of Los Angeles.
    Exterior Features

    Construction Materials ConcreteDrywall WallsStucco Fence YN Yes Fencing BlockWrought Iron Lot Features Sprinklers In Front Lot Size Source Assessor Lot Size Units Square Feet Roof Shingle

    Interior Features

    Condo Area Units Square Feet Cooling Central Cooling YN Yes Heating Central Furnace Heating YN Yes Laundry Features See Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Electric 220V Throughout Land Lease YN No Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Mixed Use Special Listing Conditions Standard Sprinklers YN Yes Water Source Public Year Built Source Assessor

    Listing provided courtesy of Ali E. Ketabchi of Keller Williams Encino-Sherman and Dennis Herzig of Keller Williams Realty-Studio.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T12:28:33.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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