Skip to main content

Multi-Family

6740-6746 Ben

6740-6746 Ben Ave, North Hollywood, CA 91606

Listing Price: $1,900,000

Lot Size
0.37 acres
Price/Acre
$5,172,427
Land Type
Land
Buildable Square Feet
9,430

Investment Overview

Marcus and Millichap is excited to introduce the rare opportunity to develop two lots located at 6740-6746 Ben Avenue in North Hollywood, California. The Offering totals 16,001 square feet of land and is RTI (ready-to-issue) for 4 Single Family Homes + 2 ADUs.

LOT #1 - 6740 BEN AVE: Two SFRs + Detached ADU
Lot Area: 8,000.50 SF
Zoning: R1 -1
SFR-1: 1st Floor (982.5 SF) + 2nd Floor (1,010 SF) = 1,992.5 SF
SFR-2: 1st Floor (982.5 SF) + 2nd Floor (1,010 SF) = 1,992.5 SF
Total RFA: SFR-1 (1,992.5 SF) + SFR-2 (1,992.5 SF) + ADU (730 SF) = 4,715 SF

LOT #2 - 6746 BEN AVE: Two SFRs + Detached ADU
Lot Area: 8,000.50 SF
Zoning: R1 -1
SFR-1: 1st Floor (982.5 SF) + 2nd Floor (1,010 SF) = 1,992.5 SF
SFR-2: 1st Floor (982.5 SF) + 2nd Floor (1,010 SF) = 1,992.5 SF
Total RFA: SFR-1 (1,992.5 SF) + SFR-2 (1,992.5 SF) + ADU (730 SF) = 4,715 SF

North Hollywood is experiencing a surge in new construction, with numerous projects underway or recently completed. The neighborhood is attracting developers due to its convenient location in the San Fernando Valley and its status as a transportation hub with access to major freeways and public transit. New apartment buildings and mixed-use developments are rising along busy thoroughfares, offering residents easy access to shops, restaurants, and entertainment. Additionally, many of these new constructions feature eco-friendly and sustainable designs, reflecting a growing concern for the environment and a desire for more energy-efficient buildings. With the increase in new development, North Hollywood is poised to become a more vibrant and dynamic community.

Investment Highlights

  • Fully RTI Development in NoHo
  • 16,001 Square Foot Double-Lot
  • RTI to Build 4 Homes & 2 ADUs
  • (4) 4-Bed Homes at 1,992 SqFt
  • (2) 2-Bed ADUs at 730 SqFt
  • Dense NoHo Rental Market

Exclusively Listed By

Financing By

Listing Price: $1,900,000

Lot Size
0.37 acres
Price/Acre
$5,172,427
Land Type
Land
Buildable Square Feet
9,430

Investment Highlights

  • Fully RTI Development in NoHo
  • 16,001 Square Foot Double-Lot
  • RTI to Build 4 Homes & 2 ADUs
  • (4) 4-Bed Homes at 1,992 SqFt
  • (2) 2-Bed ADUs at 730 SqFt
  • Dense NoHo Rental Market

Investment Overview

Marcus and Millichap is excited to introduce the rare opportunity to develop two lots located at 6740-6746 Ben Avenue in North Hollywood, California. The Offering totals 16,001 square feet of land and is RTI (ready-to-issue) for 4 Single Family Homes + 2 ADUs. LOT #1 - 6740 BEN AVE: Two SFRs + Detached ADU Lot Area: 8,000.50 SF Zoning: R1 -1 SFR-1: 1st Floor (982.5 SF) + 2nd Floor (1,010 SF) = 1,992.5 SF SFR-2: 1st Floor (982.5 SF) + 2nd Floor (1,010 SF) = 1,992.5 SF Total RFA: SFR-1 (1,992.5 SF) + SFR-2 (1,992.5 SF) + ADU (730 SF) = 4,715 SF LOT #2 - 6746 BEN AVE: Two SFRs + Detached ADU Lot Area: 8,000.50 SF Zoning: R1 -1 SFR-1: 1st Floor (982.5 SF) + 2nd Floor (1,010 SF) = 1,992.5 SF SFR-2: 1st Floor (982.5 SF) + 2nd Floor (1,010 SF) = 1,992.5 SF Total RFA: SFR-1 (1,992.5 SF) + SFR-2 (1,992.5 SF) + ADU (730 SF) = 4,715 SF North Hollywood is experiencing a surge in new construction, with numerous projects underway or recently completed. The neighborhood is attracting developers due to its convenient location in the San Fernando Valley and its status as a transportation hub with access to major freeways and public transit. New apartment buildings and mixed-use developments are rising along busy thoroughfares, offering residents easy access to shops, restaurants, and entertainment. Additionally, many of these new constructions feature eco-friendly and sustainable designs, reflecting a growing concern for the environment and a desire for more energy-efficient buildings. With the increase in new development, North Hollywood is poised to become a more vibrant and dynamic community.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower