12045 Hart Street

North Hollywood, CA 91605 $101,000.00 (-7.21%) Active for $1,299,000

Overview
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Beds: 8 Baths: 6 Structure Size: 4,666 sqft Lot Size: 9,449 sqft

Property Facts

MLS	25477547
Year Built	1953
Property Type
County	Los Angeles
Status	Active
Active	$1,299,000
Structure Size	4,666 sqft
Lot Size	9,449 sqft
Beds	8
Baths	6

Description

Attention developers! We are pleased to present this amazing value-add opportunity in a great North Hollywood location. The lot allows for up to six ADUs and/or up to 15 new units. Current units are spacious and present a 70% upside in rental income. There is a large parking lot in the rear, there's also parking in the courtyard. This is an exciting opportunity to maximize many underutilized streams of income. Opportunity Zone. TOC Tier 1. The area is adjacent to NoHo Arts District and Burbank. Every way you look, you see strong rental comps and growth.

Listing information courtesy of: Andrea Lamberger, Keller Williams Studio City 310-351-9922. *Based on information from the Association of REALTORS/Multiple Listing as of 04/03/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.