$1,075,000
Total Views 6
4 Beds
2 Baths
1,725 Sq Ft
$623 Price per Sq Ft

About This Home

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!

Listing Agent

Daniel Shamooelian

Keller Williams Beverly Hills License #01984269 Listed on: 03/17/2026

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,068 Sq Ft Lot

Parking

  • Garage

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2337-011-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

7,068 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1725
  • Lot Acreage: 0.1623
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 623.19

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage

Lot Info

  • Assessed Improvement Percent: 38.93
  • Assessed Improvement Value: 290145
  • Assessed Land Percent: 61.07
  • Assessed Land Value: 455130
  • Total Assessed Value: 745275
  • Assessor Parcel Number: 2337-011-020
  • Lot Size Area: 7068

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 27.14
  • Number Of Units: 2
  • Type Of Units: Standard

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,208 $745,275 $455,130 $290,145
2024 $9,208 $730,662 $446,206 $284,456
2023 $9,034 $716,336 $437,457 $278,879
2022 $8,622 $702,291 $428,880 $273,411
2021 $8,515 $688,521 $420,471 $268,050
2020 $8,599 $681,462 $416,160 $265,302
2019 $8,266 $668,100 $408,000 $260,100
2018 $8,158 $655,000 $400,000 $255,000
2016 $2,119 $153,023 $66,559 $86,464
2015 $2,092 $150,726 $65,560 $85,166
2014 $2,112 $147,774 $64,276 $83,498
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2026 03/17/26 For Sale $1,075,000 +51.4% $623 / Sq Ft
05/12/2025 05/12/25 Sold $710,000 0.0% $412 / Sq Ft View Prior Sale
04/09/2025 04/09/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $710,000 -12.3% $412 / Sq Ft
01/22/2025 01/22/25 For Sale $810,000 +23.6% $470 / Sq Ft
07/21/2017 07/21/17 Sold $655,091 +0.8% $380 / Sq Ft View Prior Sale
07/14/2017 07/14/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $650,000 -- $377 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $659,000 First American Title Company
Grant Deed $655,500 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: The MLS

MLS Number: 26665193

The MLS

APN: 2337-011-020

Your Personal Tour Guide

Ask me questions while you tour the home.