773 N Alexandria Avenue,Los Angeles, CA 90029
Los Angeles, CA 90029
Description
Exceptional Development And Investment Opportunity In The Highly Sought-After East Hollywood / Silver Lake Adjacent Area. Situated On A 5,649.3 Sq Ft LARD2-1XL Lot, Subject Property Offers Outstanding Potential For Investors, Builders, And Developers Looking To Capitalize On One Of Los Angeles' Most Active Infill Housing Markets. Capitalize On Multifamily Density (Up To 7 Units According To Research), SB-9 Flexibility, And ADU Expansion Strategies In A High-Demand Rental Market. Featuring 3 Bedrooms And 2 Bathrooms Total (Records Indicate 2/1) That Requires Renovation, This Classic Los Angeles Style Home Has Dual (2) Driveways On Each Corner Leading Up On The Left Side To A Detached Rear Garage. As Soon As You Enter The Front Door On The Elevated Porch, You're Greeted By An Expansive Living Room With Fireplace And Built In Shelving, To The Left Is A Dining Area With Window Nook Allowing Plenty Of Natural Light. Next To The Dining Area Is A Kitchen With Access To The Backyard And Laundry Area As Well As To The Hallway Connecting The Den/3rd Bedroom, Other Bedrooms, And Bathrooms. The Den Opens To The Fenced In Backyard. 2 Expansive Bedrooms With Hallway Access Which Opens To Living Area. Primary Bedroom Has Spacious Bathroom Attached And Plenty Of Windows As Well As A Double Doors To Yard. Surrounded By Multifamily Properties And Recent Redevelopment Projects (Literally Across the Street), The Parcel Is Ideally Positioned For Repositioning Into A Higher-Density Residential Asset Utilizing Transit Oriented Communities (TOC Tier 3) - Higher Residential Density Bonus / Reduced Parking Requirements / Build Height Incentives, The Transit Oriented Incentive Area (TOIA 2), The State Enterprise Zone, And Possibly SB-166 Advantages. SELLER FINANCING OPTIONS AVAILABLE. From Long Term Appreciation, Fix And Flip Investors, To Builders And Developers - Bring Your Offers, Call Listing Agent Now!
Details
| MLS # | OC26050195 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1919 |
| Days On Site | 231 |
| Listing Provided By | eXp Realty of Southern California, Inc | Justin Yee |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,440 |
| Garage | 1 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 1 |
| Zoning | LARD2 |
| Acreage | 0.13 |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Fireplaces, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Separate Formal Dining Room, Eat In Kitchen, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Walk In Closets |
| Window Features | Wood Frames |
| Appliances | Free Standing Range, Gas Oven, Gas Range, Refrigerator, Range Hood |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Awnings |
|---|---|
| Roof | Shingle |
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors, Window Bars |
| Construction Materials | Concrete, Wood Siding |
| Foundation Details | Raised |
| Lot Features | Back Yard, Front Yard, Lawn, Near Public Transit, Rectangular Lot, Sloped Up, Yard |
| Fencing | Chain Link, Needs Repair, Wrought Iron |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Concrete, Carport, Driveway, Driveway Up Slope From Street, Garage, Rv Potential, Rv Gated, Rv Access Parking |
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Gutters, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90029 |
| Area | C20 Hollywood |
| Listing VS Median (in 90029) | |
Price: $750,000 low | high Med: $1,299,995 sqft: 1,440 low | high Med: 1,571 $ / sqft: $521 low | high Med: $827 On site: 231 low | high Med: 83 | |
Market Activity 90029
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90029 |
| Area | C20 Hollywood |
| Listing VS Median (in 90029) | |
Price: $750,000 low | high Med: $1,299,995 sqft: 1,440 low | high Med: 1,571 $ / sqft: $521 low | high Med: $827 On site: 231 low | high Med: 83 | |
