North Hollywood, CA 91601,5238 Cahuenga

$950,000

Est. payment /mo

$995,000

4.5%
Est.Price: ?

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5238 Cahuenga North Hollywood, CA 91601

6,254 Sqft Lot

SOLD DATE : 01/05/2024

Key Details

Sold Price $950,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23204652

Lot Size 6,254 Sqft

Property Description

Amazing development potential awaits in the vibrant NoHo Arts District. This 6,254 square-foot lot is classified as R3 zoning and is situated within an opportunity zone. You have the option to construct high-end apartment units or multiple townhomes on this prime piece of land. North Hollywood is currently witnessing a surge in new construction, with numerous ongoing or recently finished projects. Modern apartment complexes and mixed-use developments are emerging along bustling streets, providing residents with convenient access to shops, dining, and entertainment. Seize this outstanding chance to invest in a premium development in one of North Hollywood's most desirable neighborhoods. Owner financing available.
Amazing development potential awaits in the vibrant NoHo Arts District. This 6,254 square-foot lot is classified as R3 zoning and is situated within an opportunity zone. You have the option to construct high-end apartment units or multiple townhomes on this prime piece of land. North Hollywood is currently witnessing a surge in new construction, with numerous ongoing or recently finished projects. Modern apartment complexes and mixed-use developments are emerging along bustling streets, providing residents with convenient access to shops, dining, and entertainment. Seize this outstanding chance to invest in a premium development in one of North Hollywood's most desirable neighborhoods. Owner financing available.

Location

State CA

County Los Angeles

Area North Hollywood (91601)

Building

Lot Description Curbs, Sidewalks

Others

Acceptable Financing Cash, Seller May Carry

Listing Terms Cash, Seller May Carry

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San Diego Regional MLS (SDMLS)
Listed by Dean Thomas • E Real Estate Corp.
Bought with NON LISTED AGENT • San Diego

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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