Description
10701 Burbank Boulevard offers a unique opportunity for developers or investors to acquire a highly visible, well-located parcel in booming North Hollywood. Currently improved with around 2,737 SF of buildings including a store and a residential house in the back of two bedroom and one bathroom. This property offers a variety of potential uses.Savvy multifamily developers could also 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. Buyers are responsible for confirming all permitted code, use and development potential with the city of Los Angeles.
-
2BEDS
-
0.14ACRES
-
1BATHS
-
01/2 BATHS
-
720SQFT
-
$2,083$/SQFT
Description
10701 Burbank Boulevard offers a unique opportunity for developers or investors to acquire a highly visible, well-located parcel in booming North Hollywood. Currently improved with around 2,737 SF of buildings including a store and a residential house in the back of two bedroom and one bathroom. This property offers a variety of potential uses.Savvy multifamily developers could also 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. Buyers are responsible for confirming all permitted code, use and development potential with the city of Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-03T00:27:50.9. 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 or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.