$1,200,000
Est. payment /mo
Active
779 N Alexandria Los Angeles, CA 90029
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25008879
Property Sub-Type Lots/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
Direction on Alexandria between santa monica and melrose
Interior
Fireplace No
Exterior
View Y/N No
Present Use Residential
Others
Tax ID 5538007027
Listed by Arshag Bohdjelian West Valley Plaza Realty