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    5614 Fulcher Ave

    North Hollywood, CA 91601
    • $2,099,000
    • STATUS: Active
    • ON SITE: 63 days
    • MLS #: 21-690972
    Price Reduced
    UPDATED: 32 min ago
    $2,099,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    PRICE REDUCED!! We are pleased to present for sale a PRIME C2 TOC Tier 3 Development Opportunity located in the heart of North Hollywood! Lot size is approximately 9,228 sqft, meaning a developer may be able to build 23 units by right or up to 41 units utilizing TOC incentives! (only ~$50,000/door with TOC!!!!) The site is also located within a qualified Opportunity Zone which may provide for increased tax benefits. The property is located within walking distance to the Noho Red/Orange Line on Lankershim, as well as all the shopping, restaurants, and entertainment that the Noho Arts District has to offer its tenants! Current improvements include a commercial structure currently being used by the owner as an office (no tenant relocation or RSO to deal with here!!). Lots of new construction nearby. DO NOT MISS this opportunity to build in one of LA's hottest neighborhoods super close to NOHO ARTS! Buyer to verify all zoning with LADBS and all relevant city departments. Property to be sold As-Is, seller will not make any repairs. Contact listing agent for more details!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-14T16:42:47.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.jelmbergteam.com/homes/114077744
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    5614 Fulcher Ave North Hollywood, CA 91601

    • Price: $2,099,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 21-690972
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    Neighborhood:
    North Hollywood
    County:
    Los Angeles
    Area:
    North Hollywood
    Property Description
    PRICE REDUCED!! We are pleased to present for sale a PRIME C2 TOC Tier 3 Development Opportunity located in the heart of North Hollywood! Lot size is approximately 9,228 sqft, meaning a developer may be able to build 23 units by right or up to 41 units utilizing TOC incentives! (only ~$50,000/door with TOC!!!!) The site is also located within a qualified Opportunity Zone which may provide for increased tax benefits. The property is located within walking distance to the Noho Red/Orange Line on Lankershim, as well as all the shopping, restaurants, and entertainment that the Noho Arts District has to offer its tenants! Current improvements include a commercial structure currently being used by the owner as an office (no tenant relocation or RSO to deal with here!!). Lots of new construction nearby. DO NOT MISS this opportunity to build in one of LA's hottest neighborhoods super close to NOHO ARTS! Buyer to verify all zoning with LADBS and all relevant city departments. Property to be sold As-Is, seller will not make any repairs. Contact listing agent for more details!
    Exterior Features

    Lot Size Area 9228 View Description None View YN No

    Property Features

    Cable YN No Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning Lac2

    Listing provided courtesy of Daniel Shamooelian DRE#01984269 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-14T16:42:47.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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