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Property

Property

Property

Property

Property

519 Alexandria, Los Angeles, CA 90004

$1,150,000 LOGIN TO SAVE

519 Alexandria, Los Angeles, CA 90004
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    Description


    Ideal opportunity to develop a new multi-unit project in close proximity to Downtown Los Angeles, Hancock Park, Silver Lake, Koreatown, and East Hollywood. The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax benefits for qualified investors (buyer to verify). Currently improved with three vacant units, providing immediate flexibility for redevelopment or repositioning. The site offers potential for a 9-unit residential project, subject to buyer verification and city approvals. The City of Los Angeles provides numerous housing and density incentive programs that may allow optimization of unit count and overall project feasibility. Centrally located near major transportation routes, employment centers, shopping, dining, and public amenities. Utilities are available in the street. An excellent opportunity for developers or investors seeking a well-located property in a high-demand rental market. Buyer to verify zoning, incentives, development feasibility, and QOZ status.

    Features

    ​​​​​​​

    Gerri-Lynn Fives

    Real Estate Agent
    Address:
    1111 Prospect St
    La Jolla, CA 92037
    Mobile:
    619-813-7193
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    Contact

    Gerri-Lynn Fives

    Gerri-Lynn Fives

    Do you have questions? We look forward to hearing from you. Contact Gerri-Lynn at 619-813-7193. To know more about Gerri-Lynn Fives, Click the button below to get the full information you need.

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    Information

    1111 Prospect St
    La Jolla, CA 92037

    619-813-7193
    Send Message
    DRE# 01264757

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    Pacific Sothebys
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2016 Sandicor®, Inc.

    2017 © Gerri-Lynn Fives Pacific Sotheby's International Realty - ALL RIGHTS RESERVED - POWERED BY powered by Roya.com

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