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About This Home
This 4-bedroom, 2-bathroom residential multi family at 11202 Oxnard St in North Hollywood, CA is listed for $1,075,000 ($623 per sqft). Built in 1950, the home offers 1,725 sqft of living space on a 0.16 acres lot.
We are pleased to present a prime RTI Development Opportunity in North Hollywood. This corner lot property comes with approved plans to convert the existing duplex into a brand new 3-story triplex plus two detached ADUs, resulting in a five-unit project featuring an attractive unit mix of two 2-bedroom/2-bath units, one 3-bedroom/3-bath unit, and two 4-bedroom/3-bath units, totaling 8,174 sqft.
Situated on a flat 7,065 SF RD2-zoned corner lot, the configuration allows for optimal design efficiency and site layout. The property is ideally located approximately one mile from the NOHO Arts District and the NOHO West Shopping Complex, offering convenient access to popular dining, shopping, entertainment, and transportation options.
RTI plans and construction cost estimate are available upon request, allowing a buyer to move forward with development immediately. The completed project is projected to generate approximately $21,000 per month in gross rental income. The property currently consists of a tenant-occupied duplex, though it may be delivered vacant at the close of escrow.
No tenant relocation or SB 8 clearance will be required for the approved conversion + addition, creating a streamlined path to construction. Contact listing agent for plans, reports, and additional details!
Key Features
- Built in 1950
- 0.16 acre lot
Property Details
Monthly Cost Estimate
$5,749/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11202 Oxnard St
North Hollywood, CA 91606
Property Details
Parking
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 11202 Oxnard St is listed at $1,075,000 ($623/sqft). The estimated monthly payment is $4,658 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.16 acre lot.
This property is listed by Daniel Shamooelian and can be reached at 3106511800 or daniel@dsrealestate.com.
