Commercial For Sale | Land | Multifamily
4433 Cartwright Avenue . North Hollywood , CA 91602
EXCELLENT TOLUCA LAKE DEVELOPMENT OPPORTUNITY. For sale vacant site totals 6,500 square feet, zoned R3-1-RIO For additional information regarding this transaction , please contact the listing agent, Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com
Posted: 10/06/2021 5:26 pm
| On HOMEiZ: 938 days |
Updated: 2 years ago
| Views: 379
Location Map
Property Type
Sold
Property Price
$1525000
10/06/2021
1.25%
Property Location & Description
EXCELLENT TOLUCA LAKE DEVELOPMENT OPPORTUNITY. For sale vacant site totals 6,500 square feet, zoned R3-1-RIO For additional information regarding this transaction , please contact the listing agent, Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com
The offering is RTI (ready-to-issue) for 14 units. The 4-story apartment complex has a great unit mix with one and two bedroom units and only two of them are low income. The plans have been reengineered with 8 on grade parking spaces, significantly reducing the cost and time of construction.
Located in the high profile Toluca Lake submarket of the San Fernando Valley.
Irrigation is available
Electricity/Power is available
Water is available
Telephone is available
Cable is available
Gas/Propane is available
2423-004-008
LAR3
Apartment building 14 units by right
Yes
No
No
No Data
No Data
RTI Development in Toluca Lake
Est. Finished Value of $5.8M
On Grade Parking
(12) 1-Bed and (2) 2-Bed
Lot Details
Details #1
$1525000
Total Price
6534
2.5%
No Data
No Data
14
Sewer
Sewer System (Public)
Neighborhood lifestyle
Urban Core
More information
Listing Presented by
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