1932 Park Avenue, Los Angeles

$1,300,000

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0 Bed
0 Bath
.15 Acre
0 Garage

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.

Essential Information

MLS® #
24345433
Price
$1,300,000
Bathrooms
0.00
Acres
0.15
Type
Land
Status
Active

Community Information

Address
1932 Park Avenue
Area
C21 - Silver Lake - Echo Park
City
Los Angeles
County
Los Angeles
Zip Code
90026
Senior Community
N

Amenities

View
City Lights, Lake

Additional Information

Date Listed
January 9th, 2024
Days on Market
128
Zoning
LAR3

Listing Details

Agent
Sabina Yi
Office
Keller Williams Beverly Hills

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Based on information from California Regional Multiple Listing Service, Inc. as of May 16th, 2024 at 2:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.