779 N Alexandria AVE Active

Los Angeles,CA 90029

$ 1200000

- Bed

- Bath

5903 SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 5,903 sqft

Price per Sqft $203

MLS Listing ID SR25008879

HOA Y/N No

Lot Size 5,902 Sqft

Acres 0.1355

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 LARD2

Exterior

Community Features Sidewalks

View None

Building

Lot Description 0-1 Unit/Acre

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

TERMS Cash,Cash To New Loan,Owner Will Carry

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE See Remarks

SHOW INSTRUCTIONS Vacant Lot Drive by all you want

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