A prized location for your future development! Presenting 1844 N Alexandria Ave, a 7,300+sf flat lot in Los Feliz. Property is conveyed RTI with plans for 4 luxury townhouse-style apartments, featuring 3 bedroom floor plans from 1,600 - 2,475 sf plus ongrade parking and common outdoor space. Plans are projected at approximately $295,000+ in yearly rental income. This amazingly sited location captures views of the Griffith Observatory with the northern neighbor's parking lot providing a generous ~20 ft. setback from the parcel. This location has an 84/100 Walk Score and is .4 miles from Los Feliz Village and the growing retail and restaurant hub along Hollywood Blvd at Vermont Ave. Rapidly developing East Hollywood/Los Feliz is home to a multitude of future hotels, residential housing, and mixed use developments. Nearby to Metro station and quick access to the 101 freeway. Current property is delivered vacant in "as-is" condition.
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