Sun Valley (SUNV) Homes with None View

Sun Valley (SUNV) Homes with None View

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Newest Sun Valley (SUNV) Homes with None View

$3,300,000
7 Beds 7 Baths 26951263 MLS Active Status
The Owner of this property originally purchased it in 1977. This unique multifamily property includes a 7-unit free standing apartment house with two additional vacant & contiguous LA-R3-1 zoned parcels in Tier 3 of the Transit Oriented Communities bonus density district. This property is located in a Federal Opportunity Zone. The apartment building is a two-story walk-up configuration built in 1954 with soft-story retrofit work completed. Units are all one bedroom / one bath floorplans. There is major upside in the rents & this provides an opportunity for income during the entitlement process. The building currently offers laundry facilities and 10 parking spaces. Total lot area encompasses 17,192 square feet with the two contiguous lots included. 7539 Hollywood Way is a few blocks north of the Burbank Airport placing in amongst a major employment cluster including dozens of aviation support & high technology companies, several motion picture studios and multiple regional retail shopping districts. The close proximity to the Interstate 5 Freeway provides quick access to the commumities of the eastern and western San Fernando Valleys, the Santa Clarita Valley, Downtown Los Angeles and via the 134/101 freeways the Glendale, Pasadena and the Ventura Blvd corridor communities. Please do not walk on the property or disturb the tenants. OM attached to the MLS Profile Page may be accessed in the "documents" tab.

7539 N Hollywood Way, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.