779 N Alexandria Ave Los Angeles, CA 90029
East Hollywood NeighborhoodEstimated payment $7,104/month
About This Lot
We are pleased to present an excellent development opportunity near Santa Monica Blvd and Normandie Ave in East Hollywood Boasting a lot size of +/- 6,000sq. ft., zoning of LARD1.5, and Tier 3 TOC designation, the potential possibilities for this property are endless! Buyer may be able to do affordable housing (ED-1) project on this lot! Buyer to investigate. The buyer can also reap tax benefits as the property is in an Opportunity Zone! Build more ADUs to generate additional rental income. Given the property's location with rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!
Listing Agent
West Valley Plaza Realty Brokerage Phone: 818-612-4498 License #00853171 Listed on: 01/22/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,406
Lot Details
- 5,903 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LARD2
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 53
- Tax Tract Number 833
- Assessor Parcel Number 5538007027
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,406 | $516,077 | $413,111 | $102,966 |
| 2024 | $6,406 | $505,959 | $405,011 | $100,948 |
| 2023 | $15,372 | $496,039 | $397,070 | $98,969 |
| 2022 | $5,998 | $486,314 | $389,285 | $97,029 |
| 2021 | $5,920 | $476,779 | $381,652 | $95,127 |
| 2019 | $5,746 | $462,639 | $370,333 | $92,306 |
| 2018 | $5,608 | $453,569 | $363,072 | $90,497 |
| 2017 | $5,484 | $444,676 | $355,953 | $88,723 |
| 2016 | $5,349 | $435,958 | $348,974 | $86,984 |
| 2015 | $5,272 | $429,411 | $343,733 | $85,678 |
| 2014 | $5,295 | $421,000 | $337,000 | $84,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | For Sale | $1,200,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | $270,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $148,000 | Chicago Title Co | |
| Trustee Deed | $142,000 | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Closed | $150,000 | Unknown | |
| Closed | $350,000 | Unknown | |
| Closed | $230,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $190,000 | Purchase Money Mortgage | |
| Previous Owner | $151,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $333,700 | Unknown | |
| Previous Owner | $210,000 | Unknown | |
| Previous Owner | $133,200 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25008879
APN: 5538-007-027
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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