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.
MLS #
CRGD25281001
MLS Source
California Regional MLS
Days on Site
13
Water
Other
HOA Fee
$0
Zoning
LSR
519 N Alexandria is in Los Angeles, CA 90004. This Land is currently priced at $1,349,000. This address can also be written as 519 N Alexandria, Los Angeles, CA 90004.
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This listing information is up-to-date as of December 29, 2025. For the most current information, please contact Nick & Mike Nick & Mike