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!
Property Details
Price:
$1,200,000
MLS #:
SR25008879
Status:
Active
Baths:
0
Address:
779 N Alexandria Avenue 5538007027
Type:
Land
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jan 19, 2025
State:
CA
ZIP:
90029
Lot Size:
5,903 sqft / 0.14 acres (approx)
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Interior
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0-1 Unit/ Acre
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None
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Public
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Community
- Address779 N Alexandria Avenue 5538007027 Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90029
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Courtesy of West Valley Plaza Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.779 N Alexandria Avenue 5538007027
Los Angeles, CA
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