1141 N Alexandria, Los Angeles, CA 90029

$1,100,000

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List Price
$1,100,000
Status
ACTIVE
MLS#
IV26234433
Year Built
1922
Lot Size
6,532
Acres
0.15
Lot Location
Front Yard, Level, Rectangular Lot, Street Level, Value In Land, Yard
Days on Market
1
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Exceptional development opportunity in the heart of Hollywood! This property presents a unique opportunity for an investor, developer, or builder looking to capitalize on significant future potential. The sale includes extensive architectural plans and renderings for the proposed development of TWO NEW THREE-STORY SINGLE-FAMILY RESIDENCES at 1141 and 1143 N Alexandria Ave. The plans envision approximately 3,154 SF and 3,210 SF residences, creating more than 6,300 SF of combined new construction. A substantial amount of the planning, design, engineering, and plan-check work has already been completed, giving the next owner a major head start compared with beginning a development from scratch. Architectural plans and renderings are included with the sale. This is an opportunity to acquire the property today and complete a thoughtfully designed new-construction project with substantial upside potential upon completion. Ideal for a buyer looking to create two modern residences in one of Los Angeles' most dynamic and centrally located neighborhoods. Plans, renderings, proposed square footage, development potential, permit status, and all other project information are subject to buyer verification with the City of Los Angeles and appropriate professionals.

Additional Information

Land Lease
Yes
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
City Lights
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2

Listing courtesy of Listing Agent: ERNEST MARTINEZ (ernest@superiorrealtysite.com) from Listing Office: SUPERIOR PROPERTIES GROUP.

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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.