This generational opportunity in East Hollywood presents a rare chance to acquire a fully assembled corner redevelopment site at the northwest intersection of Hollywood Blvd and N. Alexandria Ave. The offering includes four contiguous parcels totaling 24,400 square feet of land and 16,100 square feet of existing improvements, comprising 22 apartment units and 8 retail spaces. The site spans both residential and commercial zoning (RD1.5-1XL and [Q]C2-2D), allowing for flexible redevelopment or value-add strategies. Positioned in a high-visibility corridor with over 31,000 cars per day on Hollywood Blvd, the property benefits from exceptional walkability (Walk Score 92) and strong transit access (Transit Score 69), including proximity to the Vermont/Sunset Metro Station. The surrounding area is experiencing a wave of new multifamily development, with over 400 units recently built or underway within a few blocks, signaling robust demand and long-term growth potential. This portfolio is ideal for investors seeking a strategic foothold in one of LA’s most dynamic submarkets, with immediate income and long-term upside through repositioning or redevelopment.