519 N Alexandria, Los Angeles, CA 90004
- $1,130,000
- Sold Price
- $1,130,000
- List Price
- $1,150,000
- Closing Date
- May 13, 2026
- Status
- CLOSED
- MLS#
- GD26023224
- Lot Size
- 7,607
- Acres
- 0.17
- Lot Location
- Rectangular Lot
- Days on Market
- 60
- Property Type
- Land
Property 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.
Additional Information
- View
- None
- Water
- See Remarks
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Nick & Mike Nick & Mike (sold@nickandmike.com) from Listing Office: Keller Williams R. E. Services.
Listing sold by Allen Avedissian from Keller Williams R. E. Services
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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.