312 Coronado Street, Los Angeles
$1,125,000MLS® # 24385523
$1,300,000
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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.
MLS® # 24385523
MLS® # 24361261
MLS® # PW24011687
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.