About this property
Triplex investment in Hollywood! Situated on a 6,492 sqft lot, this property is within a designated Opportunity Zone (may be eligible for preferential tax incentives) and is part of the Transit Oriented Communities - Tier 3 (for up to 70% density bonus). One unit may be delivered vacant. Currently there are 3 units in two separate buildings for a total of 2,377 sqft. 1247 Alexandria is 3 beds & 2 baths, 1249 Alexandria is 1 bed & 1 bath, and 1249-1/2 Alexandria is 1 bed & 1 bath. One of the most dynamic Los Angeles neighborhoods in which an investor can take advantage of, with an extremely high demand for residential rental units. Located minutes from the trendy Silver Lake, Echo Park, Los Feliz, and Virgil Village. Along with being in close proximity to nearby studios, entertainment entities/employers, bars, restaurants, and neighborhood amenities, it is also within walking distance from the new Netflix office.
