Active

163 N Edgeware Road

Los Angeles, CA 90026
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SqFt4,778

Sqft(Lot)

163 N Edgeware Road presents a fully entitled multifamily development opportunity in the Echo Park /City West submarket, just minutes from Downtown Los Angeles. The property is offered with approved plans and approx. 80% of permits paid for a 18-unit plus 2 ADU residential project, allowing a developer to immediately proceed to construction. Fully entitled and permit-paid for 20-unit development.High-density TOC project with reduced parking requirements Efficient 8,710 SF design maximizing rent per SF Only 4 required parking spaces with a potential to add 2additional ADU's (1-1 bed & 1-2 bed) providing additional income upside and a 22 unit project.Eliminates entitlement risk and shortens development timeline. Seller has paid approx. $350,000 to $400,000 in permits, architecture, engineeri ng, expediter, relocation fees.Prime Echo Park / City West location near Downtown LA, located in a supply-constrained, high-demand rental submarket. The unit mix includes studios, loft-style units, and one-bedroom apartments, targeting a broad renter base in a high-demand submarket. The inclusion of ADU's provides additional income with minimal incremental construction cost, further enhancing project returns.With approvals in place, the project offers immediate execution and avoids the uncertainty, time, and expense typically associated with entitlements in Los Angeles.

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Detail Ic Property Details

Property Type : Land

Price : $1,595,000

AD Id : 77847962

MLS Id : 26820711

Lot Size : 4,778 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1097
  • Lot Size Source: Assessor Lot Size Square Feet: 4778

  • Listing Price Information

    Original List Price: 1,595,000 Listing Contract Date: 2026-04-28
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5160015002

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C21 - Silver Lake - Echo Park Postal Code Plus 4: 5823 Directions: South of 101 fwy, West of 110 fwy, East of Glendale Blvd. North of 1st Street Zoning: LACW Source Property Type: Land Area: C21 - Silver Lake - Echo Park
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Nearby Home Value

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616 N Alvarado Street, Los Angeles, CA, 90026 $695,000 -- -- -- 5,865 Sqft(Lot)
807 Waterloo Street, Los Angeles, CA, 90026 $3,025,000 -- -- -- 12,613 Sqft(Lot)
419 N Lake Street, Los Angeles, CA, 90026 $3,575,000 -- -- -- 12,011 Sqft(Lot)

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ByOwner last updated this listing 06/16/2026 @ 00:02

MLS: 26820711 LISTED BY: Errol Spiro, Miller & Desatnik Realty Co. 310-202-9166 SOURCE: CRMLS

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