2042 N Cahuenga

    Los Angeles (City), CA 90068
    • $4,850,000
    • STATUS: Active
    • ON SITE: 252 days
    • ID#: 19472258
    Price Reduced
    UPDATED: 192 min ago
    $4,850,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    We are proud to present this value add opportunity in Hollywood. The site consists of three adjacent duplexes and is located just north of the 101 freeway. One of the units will be delivered vacant. A new Buyer may be able to obtain favorable financing options. By right you can build up to 24 units and with the density bonus up to 34. The price per square foot breaks down to $226 on land. The Letter of Determination has been submitted to the City of Los Angeles and should be approved in the next 6 months.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. 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 Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/96070336

    2042 N Cahuenga Los Angeles (City), CA 90068

    • Price: $4,850,000
    • Status: Active
    • Updated: 192 min ago
    • ID#: 19472258
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    1920
    Built
    Neighborhood:
    C30 - Hollywood Hills East
    County:
    Los Angeles
    Area:
    C30 - Hollywood Hills East
    Property Description
    We are proud to present this value add opportunity in Hollywood. The site consists of three adjacent duplexes and is located just north of the 101 freeway. One of the units will be delivered vacant. A new Buyer may be able to obtain favorable financing options. By right you can build up to 24 units and with the density bonus up to 34. The price per square foot breaks down to $226 on land. The Letter of Determination has been submitted to the City of Los Angeles and should be approved in the next 6 months.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 203106.00 Net Operating Income 0.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 3.00 Zoning Lar3

    Listing provided courtesy of David Kaufman of David Ballin Kaufman


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. 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 Steele Canyon Realty. Licensed in the State of California, USA.

     
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