5238 Cahuenga Boulevard

North Hollywood, CA 91601

$950,000

Sold Price
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bed Beds

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shower Baths

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straighten $151 / sqft

calendar_month Built

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.

Listing Information

Close Price $950,000
Close Date Friday, January 5th, 2024
Status Closed
MLS SB23204652
Type Land
Lot Size 6,254
Structure Size N/A
DOM 43
Courtesy Of E Real Estate Corp.
Listing Agent Dean Thomas DRE#00711417
Co-Listing Agent Erick Claudio DRE#02000236

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Dean Thomas, Erick Claudio, E Real Estate Corp. . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 5th, 2024 at 11:14 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.