Homes for sale - 779 N Alexandria AVE, Los Angeles, CA 90029

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Gregorio Real Estate Group- Josh Gregorio

Miramar Calloway

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 1,200,000

Est. payment | -/mo

5,902 Sqft Lot

Save

$ 1,200,000

Est. payment | -/mo

Save

5,902 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25008879

HOA Y/N No

Lot Size 5,902 Sqft

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

Interior

Fireplace No

Exterior

Community Features Sidewalks

View Y/N No

View None

Present Use Residential

Building

Lot Description 0-1 Unit/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 5538007027

Acceptable Financing Cash, Cash to New Loan, Owner Will Carry

Listing Terms Cash, Cash to New Loan, Owner Will Carry

Special Listing Condition Standard

Listed by Arshag Bohdjelian • West Valley Plaza Realty • 818-612-4498

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA

779 N Alexandria AVE Los Angeles, CA 90029