$1,150,000
$1,260,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
6,216 Sqft Lot
SOLD DATE : 08/26/2024
Key Details
Sold Price $1,150,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24411491
Sold Date 08/26/24
HOA Y/N No
Lot Size 6,216 Sqft
Property Description
We are pleased to present for sale a wonderful Opportunity Zone RTI development opportunity located adjacent to Silver Lake! Currently a vacant lot, a savvy developer can get started on building right away. No demo costs, specific plan zone review or relocation headaches to deal with!! Plans call for 6 units total (4 "double duplex"/townhouse style units + 2 ADU's). Unit mix consists of four 2 bd/2.5 baths + two 1 bd/1 bath units. The subject property lies in close proximity to Echo Park, Los Feliz, LA City College, East Hollywood Metro (Vermont/Santa Monica)! Walking distance to shops and cafes, including Courage Bagels, Sqirl & so much more!! Do not miss this opportunity to build in a high rental demand area close to restaurants, bars, shopping, and transportation. Motivated seller, BRING ALL OFFERS! Buyer to verify all zoning information & approved plans with LADBS and all relevant city departments. Contact listing agent for more details or for a copy of the plans.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD1.5
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5539017020
Special Listing Condition Standard
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Bought with Carolyn Chong • T.N.G. Real Estate Consultants
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "