PRICE REDUCED! We are pleased to present a RD 1.5 development opportunity located in the heart of North Hollywood! Situated on a 6,239 sqft lot, this currently VACANT duplex is a perfect opportunity to build a fourplex or townhomes! A savvy investor may also elect to renovate the existing duplex, lease the units at market rent AND build an ADU in the back for extra income. Could be an excellent owner-user opportunity as well! Lots of options with this property. No costly tenant relocation with this one! Conveniently located near all the shopping, restaurants, and transportation that North Hollywood has to offer its tenants. Close proximity to the trendy Noho Arts District, Studio City, and Toluca Lake. Do not miss this incredible opportunity to purchase in one of LA's hottest rental markets! Contact listing agent for more details.