Description
DEVELOPER DREAM PURCHASE PRODUCING INCOME WHILE PLAINNING MAYBE A 30 UNIT DEVELOPMENT! REMARKABLE INVESTMENT AT A POTENTIAL 5% CAP!! Must be sold together with 1163 Van Ness (IN the MLS) Perfect possible Owner-User Investment Opportunity throughout the Planning Stage! 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 (5807 Virginia Ave.90038) PLUS the Next Door Property (1163 North Van Ness Ave. 90038 - Check the MLS)!! Both For Sale - Both On The Market and Both Properties must close Escrow at the same time. These properties are a Hard to Find COMBO Double-Lot Development Site in Hollywood! Total Lot Footage is approximately 15,000 SF! CHECK WITH THE CITY as the Zoning is R3-T2 for both lots. Great Future Investment as well a potential Owner-User until you are ready for more. Buy Now - Build Later! Should you decide not to Build at this time, in the interim, you will have the opportunity of Rental INCOME for the 3 Units! And There's More: This is potentially considered a Perfect Investment to park your Exchange Trade Funds for possible Extreme Future Benefits! Email any additional questions or thoughts to Agent, thank you!
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5BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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2,754SQFT
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$454$/SQFT
School Ratings & Info
Description
DEVELOPER DREAM PURCHASE PRODUCING INCOME WHILE PLAINNING MAYBE A 30 UNIT DEVELOPMENT! REMARKABLE INVESTMENT AT A POTENTIAL 5% CAP!! Must be sold together with 1163 Van Ness (IN the MLS) Perfect possible Owner-User Investment Opportunity throughout the Planning Stage! 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 (5807 Virginia Ave.90038) PLUS the Next Door Property (1163 North Van Ness Ave. 90038 - Check the MLS)!! Both For Sale - Both On The Market and Both Properties must close Escrow at the same time. These properties are a Hard to Find COMBO Double-Lot Development Site in Hollywood! Total Lot Footage is approximately 15,000 SF! CHECK WITH THE CITY as the Zoning is R3-T2 for both lots. Great Future Investment as well a potential Owner-User until you are ready for more. Buy Now - Build Later! Should you decide not to Build at this time, in the interim, you will have the opportunity of Rental INCOME for the 3 Units! And There's More: This is potentially considered a Perfect Investment to park your Exchange Trade Funds for possible Extreme Future Benefits! Email any additional questions or thoughts to Agent, thank you!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-02T14:36:31.067. 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.