Mike Boyle Real Estate Broker - Berkshire Hathaway HomeServices Crest
1501 W. Magnolia Blvd.
Burbank , Ca 91506
GREAT OPPORTUNITY FOR BUILDERS/CONTRACTORS/INVESTORS TO ACQUIRE THIS R3 ZONING PROPERTY. PROPERTY WILL BE DELIVERED RTI TO BUILD 6 SINGLE FAMILY DWELLINGS. ALL 3+2.5, 3 OF THE HOMES WILL BE 1,793 SQ FT AND THE OTHER THREE WILL BE 2,615 SQ FT.Located on Tujunga Ave in North Hollywood, California, this residential development opportunity offers 9,741 Square Feet of land , currently serving as a single family home. This asset will offer some income for a potential developer while getting ready to start the construction. North Hollywood has undergone a huge boom in development within the past few years. With developments such as NoHo West and the Metro Station, tenants and young professionals have flocked to this media adjacent neighborhood. This site currently sits north of Oxnard, south of Victory, corner of Calvert. The subject property is in the opportunity zone which could add a tax benefit to buyer. This development opportunity is near restaurants, retailers, and new businesses that are betting on the future of the NoHo Arts District..