For more information regarding the value of a property, please contact us for a free consultation.
11466 11472 Albers ST North Hollywood, CA 91601
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,600,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB18227281
Lot Size 0.306 Acres
Property Description
UPDATE 12/7/2018 : SUBJECT TO CANCELLATION OF CURRENT ESCROW. Major price reduction. Prime NO HO project close to Red Line, Orange Line, Retail, Restaurants. Property consists of 2 side by side R1.5 parcels -- 11466-11472 Albers Street. Lots together appx 13,346 sqft. Project: A (3) story, TWO building multifamily project with (8) attached luxury dwelling units (DU) (4) per building, per lot, each approx 1900 sq ft. Each unit with roof deck patio, (2) car garage, kitchen/dining/living room, (3) bedrooms, a flex room and (4.5) baths, with outdoor projected common area provided in the rear of property.
PROJECT STANDING: Site Survey for both properties is complete. Soils and percolation testing completed. Soils report complete, Grading plan has been completed . Environmental is completed with no asbestos. Construction Plans submitted to City and approved with minor changes needed as normal, however project was placed on hold as current Buyer had own plans for project. Approx 80-90% ready. Buyer can take it from this point. One parcel raw land, other parcel being sold with structure and demo permits. Sold as is.
Call agent for download of plans.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Exterior
Community Features Curbs, Street Lights
View Y/N No
View None
Building
Lot Description Near Public Transit, Walkstreet
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Read Less
Bought with Angelo Fierro • Compass