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12040 Stagg Street, North Hollywood, CA 91605

Commercial property · 2 recorded sales since 2015

12040 Stagg Street, North Hollywood, CA 91605 Sold November 2016 CRMLS
$710,000Sold November 2016

Listing Agent: Burcu Kayiran (DRE #01410006) · Listing Office: Realty One Group Inc · Contact: 949-297-2020 · Bought with: Maureen Peterson · Realty One Group Inc · MLS #OC16184469 · Source: CRMLS

8,936 sqft
Lot Size
LAR3
Zoning
Commercial property
Type

About this commercial property

INVESTORS HURRY ! Multi-residential Corner lot, surrounded with 2 multiple unit apartment mid-rises... Perfect for developers, investors. Here is your opportunity to build in the famous North Hollywood Apartment or Multiplex. Per City, current zoning is T-R3 , close to everything, 170, 5, and 101 freeways, the markets, Schools, Hospitals, Restaurants, Cafes and more. If you are looking for land to develop, this is the place!!. Currently it's a SFR, and has 2,451 square ft. of living space with 4 Bedroom 2&1/2 Bathrooms, newly remodeled kitchen, and flooring and newly painted. ( Could be a high ROI rental income property in current condition ) Property sold as is, no warranties ; value is on the lot location and lot zoning ) Prices in North Hollywod have been increasing at a very fast pace, what seems to be an overprice property, maybe a bargain in six months; if you have been looking into investing in North Hollywood, you know this is a true statement. Don't miss this rare offering. This will not last..

Listing description from the November 2016 sale, as reported to CRMLS.

Sale history

$710,000
Sold November 2016 · listed $774,500, on market August 2016 · MLS #OC16184469 · Source: CRMLS
Listing Agent: Burcu Kayiran · Listing Office: Realty One Group Inc · Contact: 949-297-2020 · Bought with: Maureen Peterson · Realty One Group Inc
$480,000
Sold July 2015 · listed $475,000, orig. $499,000, on market March 2015 · MLS #SR15058240 · Source: CRMLS
Listing Agent: Meroojohn Ordubegian · Listing Office: The Bettes Company · Contact: 818-500-7997 · Bought with: Pamela Hatch · Realty One Group Inc
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