779 N Alexandria Avenue

Los Angeles, CA 90029
MLS# SR25008879
$1,200,000
LAND
Active
No photo

Listing provided courtesy of: West Valley Plaza Realty

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!

Listing provided courtesy of: West Valley Plaza Realty. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 04/29/2025 14:08:04

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