6142 Hazelhurst Place

6142 Hazelhurst Place

North Hollywood, CA 91606

$2,200,000
Price
16,320 / 0.37
Lot Size / Acres
an aerial view of multiple house
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Description

Existing burned duplex sold for land value only. There are ten reasons why we believe you’ve just stumbled upon what could be a near-perfect affordable housing development land acquisition opportunity. The site possesses the optimal zoning and economic incentives in place like Opportunity Zone/ED-1 Eligible/TOC/AB 2334 Very Low VMT/AB 2097 Reduced Parking Areas, etc. etc. etc. The site is not in a specific plan or in a Redevelopment Area. The site is located next to a swath of R1 zoned property (free...Existing burned duplex sold for land value only. There are ten reasons why we believe you’ve just stumbled upon what could be a near-perfect affordable housing development land acquisition opportunity. The site possesses the optimal zoning and economic incentives in place like Opportunity Zone/ED-1 Eligible/TOC/AB 2334 Very Low VMT/AB 2097 Reduced Parking Areas, etc. etc. etc. The site is not in a specific plan or in a Redevelopment Area. The site is located next to a swath of R1 zoned property (free parking?). The site is located a block from grocery, and CVS and, of course, Starbucks…essentially a stone’s throw from every “critical” amenity. The site is walking distance (1-mile) from NoHo station (both rail and bus transportation) making it viable to live at the property and not own a car. The site is an uncommonly large single lot consisting of 16,316 SF of land with 60’ of frontage. It’s not too big of a project yet formattable enough to be compelling for a wide spectrum of investment and development organizations. The site is flat. The site will not require the displacement of tenants as the duplex on site has been vacant for over 5+ years (abatement filed by City in 2019) after fires burned the property. The demo is not complete. Hence, the lookback period is 5 years. The likelihood of zero replacement units also opens of conversation for less dense development typologies. The site is 1,800 feet from NoHo west; the perfect market rate rent barometer demonstrating rental rates for 1 beds about 30% higher than the deed restricted amounts mandated for 1 bed units under ED-1. The site enjoys immediate adjacency to a 10 unit building and 12 unit building to the north and south respectively. Hence, views from the proposed new project will not be affected likely for many years into the future (the likelihood of demolition of such buildings is low in the near term).
  1. Listed by Francis Evanisko • DRE #01790747 • Brokerage DRE #01383591 • Evanisko Realty & Investment • 213-200-6957

Property Details for 6142 Hazelhurst Place

View
City Lights
Lot Size Source
Assessor
Assessor Parcel Number
2338-006-014
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Evanisko Realty & Investment, Francis Evanisko, DRE #01790747
Add your commute
LISTING UPDATED: 05/24/2024 02:34 PM

Property Details for 6142 Hazelhurst Place

StatusActive
MLS #SR24095212
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.37 AC
CountyLos Angeles County

Location

Listing Courtesy of Evanisko Realty & Investment, Francis Evanisko, DRE #01790747
Add your commute

Building Information for 6142 Hazelhurst Place

Lot Size0.37 AC

Payment Calculator

$13,571 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$1,565

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6142 Hazelhurst Place

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 6516
  • Tax Census Tract: 1241.05
  • CFD/Mello-Roos Fee: $582
  • Tax Lot: 34
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban, Valley
Property / Structure Info
Exterior Features
  • View Description: City Lights
Distance To
  • Distance To Water: DWP
Land/Lot Info
  • Lot Features: 11-15 Units/Acre, 16-20 Units/Acre, 21-25 Units/Acre, 26-30 Units/Acre, 31-35 Units/Acre, 36-40 Units/Acre
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 6142 Hazelhurst Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6142 Hazelhurst Place

Taxable ValueLand$1,179,420Additions$337,742Total$1,517,162
Tax Record2023$18,778 ($1,565 / month)
Home Facts
Total Finished SqFt3,298 SqFtAbove Grade Finished SqFt3,298 SqFtLot Size16,315 SqFtStyleDuplexYear Built1952ZoningLAR3CountyLOS ANGELESAPN2338-006-014

Schools near 6142 Hazelhurst Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Maurice Sendak Elementary School
Public - K to 5
Roy Romer Middle School
Public - 6 to 8
North Hollywood Senior High School
Public - 9 to 12
New Horizons Charter Academy
Charter - K to 8
Rating
School
Distance
Maurice Sendak Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

New Horizons Charter Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 6142 Hazelhurst Place, North Hollywood, CA 91606

6142 Hazelhurst Place is a 0.37 ac of land for sale in North Hollywood, CA 91606. This property was listed for sale on May 10, 2024 by Evanisko Realty & Investment, it's currently listed at $2,200,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Maurice Sendak Elementary School, Roy Romer Middle School and North Hollywood Senior High School. 6142 Hazelhurst Place is a 0-bed, 0-bath, 0.37 ac of land on a 16,320 sq. ft. / 0.37 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Evanisko Realty & Investment, Francis Evanisko, DRE #01790747

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.