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!
Lot/land
Street View
Listing Provided by:
Arshag Bohdjelian DRE #00853171 818-612-4498,
West Valley Plaza Realty
$1,200,000
779 N Alexandria Ave #53, Los Angeles, CA 90029
--beds
--baths
5,903Square Feet
Unimproved Land
Built in ----
5,903 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
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