Description
We are proud to present a truly unique opportunity located at 1250 N Alexandria Avenue, which is a one of a kind 4 plex situated in the quiet and charming residential streets of East Hollywood. Due to its central location, tenants are within one mile of some of the most prominent neighborhood such as the Hollywood Boulevard, Sunset Strip, Los Feliz Village, Virgil Village, and countless options for dining and shopping.The building is also conveniently located within a few blocks from the 101-freeway onramp, allowing for quick access to get to Downtown LA if going Southbound, or quickly get to Universal City, Studio City, Burbank, and the rest of the San Fernando Valley going Northbound. Built in 1924, the property sits on a 6,399 sf lot. The building boasts a large footprint of 3,104 gross square feet spread across 2 story, and it has a good unit mix of (1) 3 bed / 2 bath (3) 2 bed / 1 bath units.This property also has great potential for new development! The zoning is R3 and the property also qualifies for TOC tier 3 incentive, allowing the development of up to 15 dwelling units. Buyer to verify all new development information with LADBS and housing department.
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
We are proud to present a truly unique opportunity located at 1250 N Alexandria Avenue, which is a one of a kind 4 plex situated in the quiet and charming residential streets of East Hollywood. Due to its central location, tenants are within one mile of some of the most prominent neighborhood such as the Hollywood Boulevard, Sunset Strip, Los Feliz Village, Virgil Village, and countless options for dining and shopping.The building is also conveniently located within a few blocks from the 101-freeway onramp, allowing for quick access to get to Downtown LA if going Southbound, or quickly get to Universal City, Studio City, Burbank, and the rest of the San Fernando Valley going Northbound. Built in 1924, the property sits on a 6,399 sf lot. The building boasts a large footprint of 3,104 gross square feet spread across 2 story, and it has a good unit mix of (1) 3 bed / 2 bath (3) 2 bed / 1 bath units.This property also has great potential for new development! The zoning is R3 and the property also qualifies for TOC tier 3 incentive, allowing the development of up to 15 dwelling units. Buyer to verify all new development information with LADBS and housing department.
Based on information from CRISNet MLS as of 2022-05-25T15:57:03.207. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Based on information from the i-Tech MLS as of 2022-05-25T15:57:03.207. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.