773 N Alexandria Avenue, Los Angeles, CA 90029

$750,000
2
BD
2
BA
1,440
SqFt

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List Price
$750,000
Status
ACTIVE
MLS#
OC26050195
Year Built
1919
Bedrooms
2
Bathrooms
2
Living Sq. Ft
1,440
Lot Size
5,650
Acres
0.13
Lot Location
Back Yard, Front Yard, Lawn, Near Public Transit, Rectangular Lot, Sloped Up, Yard
Days on Market
140
Property Type
Single Family Residential
Style
Bungalow
Property Sub Type
Single Family Residence
Stories
One Level

Property 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!

Additional Information

Appliances
Free-Standing Range, Gas Oven, Gas Range, Refrigerator, Range Hood
Pool Description
None
Fireplace Description
Living Room
Heat
Fireplace(s), Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Exterior Construction
Concrete, Wood Siding
Patio
Concrete, Front Porch
Roof
Shingle
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Interior Features
Separate/Formal Dining Room, Eat-in Kitchen, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Justin Yee (justinyeerealty@gmail.com) from Listing Office: eXp Realty of Southern California, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.