Description
Presenting 7234 Allott Ave, an amazing investment opportunity to acquire a 4-unit income property PLUS an awaiting RTI ADU centrally located in Van Nuys bordering North Hollywood! The property features 4 spacious individual bungalow style units consisting of newly remodeled 1bd/1ba units, 3 of which were recently leased at market value. Seller has already submitted plans for a 1,200 SF 2bd/2ba ADU which will add to the value tremendously. Zoned LARD1.5, the total rentable area is 2,501 SF situated on a large 11,003 SF lot with abundant parking, making it ideal for future development or ADU addition. Occupy the vacant unit as the owner and start collecting rent immediately and be proud to own this jewel in a dense urban infill with easy access to the 170 Freeway and Metro G Line.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Presenting 7234 Allott Ave, an amazing investment opportunity to acquire a 4-unit income property PLUS an awaiting RTI ADU centrally located in Van Nuys bordering North Hollywood! The property features 4 spacious individual bungalow style units consisting of newly remodeled 1bd/1ba units, 3 of which were recently leased at market value. Seller has already submitted plans for a 1,200 SF 2bd/2ba ADU which will add to the value tremendously. Zoned LARD1.5, the total rentable area is 2,501 SF situated on a large 11,003 SF lot with abundant parking, making it ideal for future development or ADU addition. Occupy the vacant unit as the owner and start collecting rent immediately and be proud to own this jewel in a dense urban infill with easy access to the 170 Freeway and Metro G Line.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T00:27:42.27. 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 Villa Real Estate. Licensed in the State of California, USA.