779 N Alexandria Avenue, Los Angeles, CA 90029

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!

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 779 N Alexandria Avenue
City Los Angeles
State CA
Zip 90029
County Los Angeles
Listing Agent Arshag Bohdjelian DRE #00853171
Courtesy Of West Valley Plaza Realty
List Price $1,200,000
Status Active
Type Land
Structure Size N/A
Lot Size 5,903

Listing information courtesy of: Arshag Bohdjelian, West Valley Plaza Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 23rd, 2025 at 4:03 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.