INCREDIBLE OPPORTUNITY LOCATED IN NORTH HOLLYWOOD ON A PRIME CORNER LOT! THE CITY HAS ALREADY APPROVED A 5 HOME SUBDIVISION. Much of the preliminary work has been done. Quimby fees to the city has be paid! New Block Wall Fence has been completed! There are currently 2 small 2 bedroom 1 bath individual homes that have long time tenants. One has been there 30 years. Home at 11551 Saticoy is in fair condition but need work/updating. 11545 is in pretty good condition. There are actually 4 parcels that total 32,,060 SF. Currently the lots cannot be sold separately due to previous owners Covenant to keep the lots together unless they were approved to be subdivided by the city. The seller has completed many of the requirements to divide the property into 5 separate lots which will allow the new constructions of 3 additional Single Family Homes. One of the lots has an approved and permitted guest house that is completely new inside and out. There is no tenant in this unit. The lots are graded and ready be subdivided!! YOU DON'T WANT TO MISS OUT ON THIS!!
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