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Sabina Yi
Keller Williams Beverly Hills
310-432-6400
TOC & CDO approved 14-Unit Development Opportunity ( 3 ADU's can be added ) in prime Echo Park steps away from Echo Park lake, dining and nightlife on Sunset Blvd. Sited on a street to street lot (Park & Bonnie Brae Ave) with sweeping views of DTLA skyline and lake. Inclusive of the 14 units, (3) units will be affordable [ (2) ELI and (1) VLI ]. Construction documents available, but have not been submitted to plan check. The lot is 6,232 Sq Ft zoned R3 - Tier 3. Currently improved with 2600 SF (4) unit apartment building (all one bed/bath bath) with one vacancy. Current monthly income $6,794. Seller will not deliver RTI.
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Total Baths: 0
Full Baths: 0
Half Baths: 0
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1451
Lot Size Source: Assessor
Lot Size Square Feet: 6322
Original List Price: 1,300,000
Listing Contract Date: 2024-01-09
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5404002014
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C21 - Silver Lake - Echo Park
Postal Code Plus 4: 3277
Directions: On Park Ave near Sunset Blvd
Zoning: LAR3
Source Property Type: Land
Area: C21 - Silver Lake - Echo Park
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2140 Lemoyne Street, Los Angeles, CA,90026 | $3,200,000 | 3 | -- | -- | 7505 Sqft |
802 N Dillon Street, Los Angeles, CA,90026 | $1,450,000 | 6 | -- | 2,288 | 3828 Sqft |
1321 Laveta Terrace, Los Angeles, CA,90026 | $439,000 | -- | -- | -- | 5257 Sqft |
1427 Laveta, Los Angeles, CA,90026 | $1,990,000 | -- | -- | 1 | 10262 Sqft |
1804 Echo Park Avenue, Los Angeles, CA,90026 | $1,310,000 | 5 | -- | 2,319 | 5357 Sqft |
1804 Echo Park Avenue, Los Angeles, CA,90026 | $1,390,000 | 5 | -- | 2,319 | 5357 Sqft |
1600 W Court Street, Los Angeles, CA,90026 | $995,000 | 4 | 2 | 1,762 | 3387 Sqft |
1120 Logan Street, Los Angeles, CA,90026 | $1,995,000 | 10 | -- | 4,912 | 6269 Sqft |
1615 Park Avenue, Los Angeles, CA,90026 | $7,000,000 | 27 | -- | 13,260 | 8513 Sqft |
907 Glendale Boulevard, Los Angeles, CA,90026 | $2,575,000 | 4 | -- | 4,312 | 7500 Sqft |
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ByOwner last updated this listing 05/09/2024 @ 21:32
MLS: 24345433
LISTED BY: Sabina Yi, Keller Williams Beverly Hills
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.