$795,000

11437 Riverside Drive Valley Village, CA 91602

Beds: 0
Baths: 0.00
Sq Ft: 0
Type: Residential Income
MLS#: SR18274210
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Hi, Leslie Elkan.

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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

***Unique multi-unit property - First time on the market in 15 years - Large flat corner lot near the new NoHo business district - Close to the 170 Freeway and Valley Village Park - Close to churches and synagogues - Close to everything*** ***LAR3 zoning use code where multi dwelling housing is appropriate and encouraged (Multi-Family Residential) - Remodel - Buy to rent - Build to sell - 8 Units - 2 immediately available for rental*** ***Duplex houses may be upgraded to satisfy city requirements or can be used for other purposes*** ***Has an additional separate structure used as a private secluded office*** ***A smart Owner/User may live in one of the houses, collecting rent from the other unit while permitting the 3rd unit. The history of the property demonstrates that the income can be substantial*** ***The smart buyer/investor can rent all 3 units while waiting for plans to be approved to build 8 or more units*****The R-3 HIGH DENSITY RESIDENTIAL ZONE shall consist of 1-10 units The purpose of this zone is to establish areas for higher residential densities within easy pedestrian access to commercial areas, public facilities and employment center of the City*** ***The property also has excellent freeway exposure making it ideal for approved signage****, Directions corner of Riverside and Kraft

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DescriptionInterior & Exterior Features

Interior Features Include:

No Information Available.

Exterior Features Include:

Acreage: 0.1500 Acres

Lot:
Description Corner Lot, Front Yard, Garden, Landscaped, Lawn, Level with Street
Square Feet 6671

Other Features Include:

Water: Public

Sewer: Public Sewer, Sewer Paid

Pool: None

This Listing is Presented By
F210092795

Leslie Elkan

Cell: (818) 326-0273

Work: (818) 933-3100

Email: leslie@elkanrealtor.com

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