Description
POTENTIAL 9.7% CAP WITHOUT CONSTRUCTION! Developers Dream Corner! PLUS Buy & Hold Investment Opportunity, WITH INCOME! LOW-PRICED! CHOICE CORNER DOUBLE LOT OFFERINGS in a Family Area Near Schools & Shopping & Transportation! TWO PARCELS to be sold together, both on the Market: This Property (1163 North Van Ness Ave. 90038) PLUS the Next Door Property (5807 Virginia Ave.90038 - Check the MLS)!! Both For Sale - Both On The Market and Both Properties must close Escrow at the same time. Hard to Find COMBO Double-Lot Development Site in Hollywood! Total Lot Footage approximately 15,000 SF! CHECK WITH THE CITY as the Zoning is R3-T2 for both lots. THREE UNITS ARE VACANT, which makes this Investment Even Better! And this is a great Future Investment as well. Buy Now - Build Later! Should you decide not to Build at this time, in the interim, you will have the opportunity of Top Rental Rates for the 3 Vacant Units! And There's More: This is potentially considered a Perfect Investment to park your Exchange Trade Funds for possible Extreme Future Benefits! Please note that unit income calculations herein are based upon projected income estimations. Email any additional questions or thoughts to Agent, thank you!
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8BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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4,992SQFT
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$451$/SQFT
School Ratings & Info
Description
POTENTIAL 9.7% CAP WITHOUT CONSTRUCTION! Developers Dream Corner! PLUS Buy & Hold Investment Opportunity, WITH INCOME! LOW-PRICED! CHOICE CORNER DOUBLE LOT OFFERINGS in a Family Area Near Schools & Shopping & Transportation! TWO PARCELS to be sold together, both on the Market: This Property (1163 North Van Ness Ave. 90038) PLUS the Next Door Property (5807 Virginia Ave.90038 - Check the MLS)!! Both For Sale - Both On The Market and Both Properties must close Escrow at the same time. Hard to Find COMBO Double-Lot Development Site in Hollywood! Total Lot Footage approximately 15,000 SF! CHECK WITH THE CITY as the Zoning is R3-T2 for both lots. THREE UNITS ARE VACANT, which makes this Investment Even Better! And this is a great Future Investment as well. Buy Now - Build Later! Should you decide not to Build at this time, in the interim, you will have the opportunity of Top Rental Rates for the 3 Vacant Units! And There's More: This is potentially considered a Perfect Investment to park your Exchange Trade Funds for possible Extreme Future Benefits! Please note that unit income calculations herein are based upon projected income estimations. Email any additional questions or thoughts to Agent, thank you!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-30T11:27:22.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.