Seller's Agent in 2024
Daniel Shamooelian
Keller Williams Beverly Hills
(310) 651-1800
5 in this area
34 Total Sales
Estimated Value: $965,000 - $1,224,213
PRICE REDUCED! Calling all contractors, developers, and Opportunity Zone investors! We are pleased to present for sale a 9 unit RTI development opportunity in PRIME North Hollywood! Approved Plans call for a 4-story 9 unit apartment building with ON-GRADE PARKING and rooftop deck! Unit mix consists of five 2 Bedroom + four 1 Bedroom units, with 2 of the 9 units set aside for very low income, and a total of 10 parking spaces. Total Building Area is 7,510 sqft and the lot size of 6,898 sqft is fully FLAT. The site is situated in the heart of North Hollywood less than 1 mile from the new NOHO WEST complex (Trader Joes, Creamistry, Regal Cinemas, Nordstrom Rack & LA Fitness!!) and less than 2 miles from the NOHO ARTS district!! Take advantage of a "ready to go" project and avoid the lengthy and costly entitlement process, seller has already paid permit fees of ~$75,000!! The site also lies within a qualified Opportunity Zone = potential for future tax savings! Current improvements include a duplex that will be delivered VACANT, no dealing with tenant relocation here. Do not miss this opportunity to build in the heart of North Hollywood close to all shopping, restaurants, transportation, and entertainment that NoHo has to offer. Contact listing agent for more details!
Last Agent to Sell the Property
Keller Williams Beverly Hills License #01984269 Listed on: 05/01/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 4Mb Development Llc | -- | None Listed On Document | |
| 4Mb Development | $1,100,000 | California Title Company | |
| Gal Oron | -- | Stewart Title | |
| Oxnard New Homes Llc | -- | None Available | |
| Gal Ilan | $253,000 | Equity Title Los Angeles | |
| Ing Bank Fsb | $277,541 | Accommodation | |
| Hemmens Nathan Elliot | $640,000 | Fidelity National Title | |
| Galadzhyan Khachik | -- | North American Title Co | |
| Galadzhyan Khachik | $345,500 | North American Title Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gal Oron | $350,000 | |
| Previous Owner | Hemmens Nathan Elliot | $512,000 | |
| Previous Owner | Galadzhyan Khachik | $276,200 | |
| Closed | Galadzhyan Khachik | $51,787 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2024 07/02/24 | Sold | $1,100,000 | -7.9% | $646 / Sq Ft |
| 06/19/2024 06/19/24 | Pending | -- | -- | -- |
| 06/11/2024 06/11/24 | Price Changed | $1,195,000 | -8.0% | $701 / Sq Ft |
| 05/21/2024 05/21/24 | Price Changed | $1,299,000 | -3.8% | $762 / Sq Ft |
| 05/14/2024 05/14/24 | For Sale | $1,350,000 | 0.0% | $792 / Sq Ft |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- |
| 05/01/2024 05/01/24 | For Sale | $1,350,000 | -- | $792 / Sq Ft |
| 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 | $7,881 | $1,100,000 | $1,100,000 | -- |
| 2024 | $7,881 | $616,513 | $428,879 | $187,634 |
| 2023 | $7,734 | $604,425 | $420,470 | $183,955 |
| 2022 | $7,385 | $592,575 | $412,226 | $180,349 |
| 2021 | $7,293 | $580,957 | $404,144 | $176,813 |
| 2019 | $3,875 | $290,566 | $252,668 | $37,898 |
| 2018 | $3,736 | $284,869 | $247,714 | $37,155 |
| 2016 | $3,563 | $273,809 | $238,096 | $35,713 |
| 2015 | $3,514 | $269,697 | $234,520 | $35,177 |
| 2014 | $3,538 | $264,415 | $229,927 | $34,488 |
Seller's Agent in 2024
Daniel Shamooelian
Keller Williams Beverly Hills
(310) 651-1800
5 in this area
34 Total Sales
A
Buyer's Agent in 2024
Amber Rueda
LPT Realty, Inc
(818) 524-0713
1 in this area
13 Total Sales
Source: The MLS
MLS Number: 24-384901
APN: 2334-014-050
Ask me questions while you tour the home.