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Multi-Family

6746 Ben Ave

6746 Ben Ave, North Hollywood, CA 91606

Listing Price: $797,500

Lot Size
0.18 acres
Price/Acre
$4,342,388
Land Type
Land
Buildable Square Feet
4,715

Investment Overview

Marcus and Millichap is excited to introduce the rare opportunity to develop two SFRs and one detached ADU located at 6740-6746 Ben Avenue in North Hollywood, California. The Offering totals 8,000.50 square feet of land and is RTI (ready-to-issue).
LOT #2 - 6746 BEN AVE: Two SFRs + Detached ADU (Lot 48 | APN: 2322-011-024)
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

  • Delivered Fully RTI
  • 8,000.50 SF in Lot Zoned R1-1
  • Ideal Development Site in North Hollywood
  • Build 2 Single Family Homes Plus 1 ADU
  • Great Unit Mix of (2) and (4) Bedroom Units
  • Located in a Dense Rental Market
  • Close to Public Transportation, Schools and Employment

Exclusively Listed By

Financing By

Multi-Family

6746 Ben Ave

Listing Price: $797,500

Lot Size
0.18 acres
Price/Acre
$4,342,388
Land Type
Land
Buildable Square Feet
4,715

Investment Highlights

  • Delivered Fully RTI
  • 8,000.50 SF in Lot Zoned R1-1
  • Ideal Development Site in North Hollywood
  • Build 2 Single Family Homes Plus 1 ADU
  • Great Unit Mix of (2) and (4) Bedroom Units
  • Located in a Dense Rental Market
  • Close to Public Transportation, Schools and Employment

Investment Overview

Marcus and Millichap is excited to introduce the rare opportunity to develop two SFRs and one detached ADU located at 6740-6746 Ben Avenue in North Hollywood, California. The Offering totals 8,000.50 square feet of land and is RTI (ready-to-issue). LOT #2 - 6746 BEN AVE: Two SFRs + Detached ADU (Lot 48 | APN: 2322-011-024) 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

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