779 N Alexandria, Los Angeles, CA 90029 - MLS#SR25008879

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Nicole Hazelton

[email protected] +1(619) 206-1892

$1,200,000

Est. payment - /mo

5,903 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25008879

HOA Y/N No

Lot Size 5,903 Sqft

Acres 0.1355

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!
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 Los Angeles (90029)

Building

Lot Description Sidewalks

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by Arshag Bohdjelian • West Valley Plaza Realty

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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779 N Alexandria Los Angeles, CA 90029

Nicole Hazelton

Key Details

Location

Building

Others

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