About This Home
This 4-bedroom, 2-bathroom residential multi family at 11202 Oxnard St in North Hollywood, CA is listed for $925,000 ($536 per sqft). Built in 1950, the home offers 1,725 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1950
- 0.16 acre lot
Property Details
NEW PRICE! RTI 5-UNIT DEVELOPMENT OPPORTUNITY IN NORTH HOLLYWOOD! We are pleased to present a prime development opportunity featuring approved plans to convert the existing duplex into a brand-new 3-story triplex plus two detached ADUs, resulting in a five-unit project totaling approximately 8,174 SF.
The approved unit mix consists of two 2-bedroom/2-bath units, one 3-bedroom/3-bath unit, and two 4-bedroom/3-bath units. Situated on a flat 7,065 SF RD2-zoned corner lot, the property offers an attractive development opportunity approximately one mile from the NOHO Arts District and NOHO West, with convenient access to dining, shopping, entertainment and transportation.
The existing duplex is currently tenant occupied and will be delivered with the tenants in place. Each unit currently pays approximately $1,600/month ($3,200/month total). RTI plans are available upon request, allowing a buyer to acquire an already-entitled project and determine the timing of redevelopment.
Upon completion, the five-unit project is projected to generate approximately $21,000/month in gross rental income (buyer to verify). Now offered at $925,000. Contact listing agent for approved plans, reports and additional details.
Monthly Cost Estimate
$4,947/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11202 Oxnard St
North Hollywood, CA 91606
Property Details
Parking
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 11202 Oxnard St is listed at $925,000 ($536/sqft). The estimated monthly payment is $4,947 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.16 acre lot.
This property is listed by Daniel Shamooelian and can be reached at 3106511800.