779 N Alexandria AVE Active

Los Angeles,CA 90029

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR25008879

Lot Size 5,903 Sqft

Property Sub-Type Other Residential Land

Property Description

We are pleased to present an excellent development opportunity near Santa Monica Blvd and Normandie Ave in East Hollywood Boasting a lot size of +/- 6,000sq. ft., zoning of LARD1.5, and Tier 3 TOC designation, the potential possibilities for this property are endless! Buyer may be able to do affordable housing (ED-1) project on this lot! Buyer to investigate. The buyer can also reap tax benefits as the property is in an Opportunity Zone! Build more ADUs to generate additional rental income. Given the property's location with rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning D0

Exterior

View None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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