DEVELOPMENT OPPORTUNITY (TOC Tier 1) Existing Single Family home located on a CM-1VL zoned lot with 117 feet of alley access. CM Zone allows for R3 Residential Density and Mixed use development. Buyer to verify potential uses and allowable development opportunities. Potential for 8 units, plus 2 Detached ADU's + 1-4 Attached ADU's. (Opportunity Zone) (State Enterprise Zone) Newer 2016 8 unit apartment building next-door. Located within less than half a mile from the Red Line North Hollywood Station and half a block from the Chandler Blvd Bike Path. Walking distance to the NoHo Arts District.
Additional Features
- Rectangular Lot
- Tear Down
- One
- None
- Parking spaces: 2.00
- Listing Status: Active Under Contract
- Listing Agent: Michael Nigosian
(lic# 01892381)
of Southland
- Listing Office: Michael Nigosian Realtor
(lic# 02099620)
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Based on information from CRISNet MLS as of 28th September 2026 at 11:09pm. 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.
