$799,000

CALLING ALL DEVELOPERS, FLIPPERS, INVESTORS, CONTRACTORS, BUILDERS, END-USERS- First time in the market for over 50 years, Welcome to 770 N Alexandria Avenue a single family house in the heart of East Hollywood, just minutes from Larchmont, Los Feliz and Silverlake. THERE ARE PLANS FOR 5 Townhome UNITS that can be submitted soon or can remodel and add ADUS, SB8 EXEMPT! This 3 bedroom/ 1 bath home has a tons of potential and possibilities to build new townhomes, add ADUS, remodel, do an addition, or use AB684 to build small lot subdivisions, there are a ton of options to add value. Positioned on a corner lot, there are significant benefits on a new development because of the amount of reduction of the side setbacks. The property is zoned LARD2 boasting close to 5,600 square feet of lot area , you can build 5 townhomes units, the options are endless! This house was owner occupied, will be delivered vacant and will be SB8 exempt! There are several remodeled homes and brand new construction apartment buildings in the surrounding area. Close to La City College, Virgil Village, Larchmont, Little Armenia, and many more. Easy access to shops, restaurants, and trendy cafes. Fantastic opportunity for contractors, developers, investors or end-users looking for a new project! Buyer to verify all.Welcome to 770 N Alexandria Avenue a single family house in the heart of East Hollywood, just minutes from Larchmont, Los Feliz and Silverlake. This 3 bedroom/ 1 bath home has a tons of potential and possibilities to build new townhomes, add ADUS, remodel, do an addition, or use AB684 to build small lot subdivisions, there are a ton of options to add value. Positioned on a corner lot, there are significant benefits on a new development because of the amount of reduction of the side setbacks. The property is zoned LARD2 boasting close to 5,600 square feet of lot area , you can build 5 townhomes units, the options are endless! This house was owner occupied, will be delivered vacant and will be SB8 exempt! There are several remodeled homes and brand new construction apartment buildings in the surrounding area. Close to La City College, Virgil Village, Larchmont, Little Armenia, and many more. Easy access to shops, restaurants, and trendy cafes. Fantastic opportunity for contractors, developers, investors or end-users looking for a new project! Buyer to verify all.

Listing Map