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773 N Alexandria Avenue, Los Angeles
$750,000
2 Beds ⋅ 2 Baths ⋅ OC26050195 MLS ⋅ Active Status
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!

773 N Alexandria Avenue, Los Angeles

5061 Fountain Avenue, Los Angeles
$688,888
2 Beds ⋅ 1 Baths ⋅ 26651903 MLS ⋅ Active Status
GREAT PRICE!!! JUST REDUCED TO THE WIRE!!! - CUTE & COZY AND GREAT EASY ACCESS LOCATION! HUGE PRICE REDUCTION! WE WERE TOLD THAT THIS HOME WOULD BE A PERFECT INVESTMENT AS AN AIR b&b RENTAL, OR FOR YOUR OWN USE AS A SECOND IN-TOWN HOME. WE WERE TOLD THAT YOU CAN ALSO SELL FOOD & BAKERY ITEMS LIKE CAKES OR DONUTS OR ANY OF YOUR MAGICAL TREATS AT THIS ACTIVE LOCATION - FOUNTAIN AVEUE WITH A FRONT YARD FOR TABLES, CHAIRS, AND UMBRELLAS! - APPROVABLE BY THE CITY (you can check the details with the City)! YOU CAN OPEN YOUR BUSINESS ON BUSY FOUNTAIN AVENUE! THIS IS THE MOST AFFORDABLE HOME EVER FOR YOU AND YOUR BUSINESS! BUILT WITH PRE-DEPRESSION 1920's INTEGRITY! NOTE THIS IMPORTANT MESSAGE: It is Entirely Legal in Los Angeles to sell goods or bakery on an R-1 lot, provided that vendors comply with the Sidewalk & Park Vending Permit requirements. The Safe Sidewalk Vending Act allows for the decriminalization of sidewalk vending, but vendors must still adhere to local regulations and obtain the necessary permits. It is advisable to check with local authorities for specific rules and regulations regarding vending on R-1 lots. AND RIGHT NEXT TO THE HOME IS A PERFECT AREA FOR YOUR BAKERY CREATIONS! THIS IS A GREAT OFFER FOR YOU AND YOUR BUSINESS.......WITH A HUGE PRICE DROP! Truly an Amazing Location for this Roaring Twenties Home, a True Visit to a Remarkable Past! The Grand Entry is Adorned with Fluted Pillars on each side! This Location brings back the Music, the Charleston, the Speakeasies like The Stork Club, The Cotton Club, and More! They all existed when this Home was first built! Ohhhh, only if those walls can talk! Walking distance to Sunset Boulevard, and the Bus Line, and lots of Fun Places! There is Off-Street Parking in front of the Garage which was converted to Your Dream Room for Arts & Crafts, or a Home Gym, or a Study to write your Next Book, and so much more! And for Gatherings there is an Iron-Gated Front Yard, as well as an Easy-Care-Landscape Backyard! The Yards are Perfect for your Pets as they can Freely Explore the Yard Areas! This Home is Easy to find with an Offering Sign on property. Be sure to Grab This One, as the Price is on the Low Low Side of the Real Estate Market! And, after all, it's Hollywood, World Famous Hollywood, just like the World Famous Musso & Frank's which was open in the 1920's, a true staple on Hollywood Boulevard known for its Old-World Charm! This Home's History may somehow help many remember the 1920's Fun, the Wild Parties, and, of course, the Flappers; after all they were the Cat's Meow!! Seller may consider carrying, subject to Installment Sale terms.

5061 Fountain Avenue, Los Angeles

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.

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