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Daina Burness
FOR SALE
$2,500,000

6726 Beck Avenue
North Hollywood, CA 91606

Land
Residence
0.3099
Acre Lot
1of
Photos
Map
Courtesy: Anie Mayelian - Equity Union; Phone: 818-915-9118anie@mayeliangroup.com
CRMLS Homeseekers> California> North Hollywood> 91606
We are pleased to present a rare combination of 2 lots of approximately 13,501 sq ft. The sites consists of 2 separate parcels that are zoned RD1.5 and RD2. The properties provides an opportunity for a developer to acquire 2 lots located back to back from Beck Ave to Camellia Ave. A developer may consider a small lot subdivision to construct 7 market-rate single-family homes in North Hollywood (Buyer to verify). There is limited competition with very few active single-family developments in the Valley. Similar new construction homes are selling as high as $850,000 or more in the area. This wonderful pocket of North Hollywood is close to the dining and shopping. Very easy access to the 170, 101 and 134 freeways Metro North Hollywood Red Line and Metro Orange Line. Located in an opportunity zone, a savvy developer can take advantage of possible tax benefits. Existing improvements consist of 4 units on Beck Ave and 3 units on Camellia Ave, both properties must be sold together. The properties are fully occupied with in place income of $136,560.
SR22102934
Land, Other
Los Angeles
0.3099 Acres
Public
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Anie Mayelian - Equity Union; Phone: 818-915-9118anie@mayeliangroup.com
Licensed in: DRE# 00778825
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