We are pleased to offer an excellent development opportunity in the NOHO Arts district. The property is located a half a mile from the North Hollywood Metro Station and holds a walk score of 79. The lot size is 7000 SF and zoned LARD 1.5; which allows a developer to build up to 4 units by right. Currently, the property contains a 3 bedroom 1 bath 1,319 SF SFR with a beautiful deep dive swimming pool. The kitchen has also been extensively remodeled. Rentals for properties of this quality are selling for $3,500/month and new apartments are renting for approximately $3,500/month. This property allows a developer to receive rental revenue while preparing to build a new multifamily residence on the site. The site is available for showing upon an accepted offer. Please do not disturb residents. Buyer to conduct their own investigations